FIVE GUYS: DEVELOPING A PROMOTIONAL STRATEGY FOR THE
FUTURE
Submitted to:
Prof. Aashish Argade
Marketing Management
Institute of Rural Management Anand, Gujarat
Submitted by:
Mario Aswanth Shanju (P41086)
Mihir Kulkarni (P41087)
Pradeepti Rastogi (P41095)
Shivam Gupta (P41112)
Smit Chaudhari (P41116)
Tulika Agrawal (P41120)
Problem Statement
Selecting the promotional media into which the promotional budget is to be allocated.
Objective
Selecting the promotional media into which the promotional budget is to be allocated.
Criteria
Increased customer footfall.
Constraint
Stick to a non-traditional promotional strategy.
Generation and Evaluation of Alternatives
a) Maintain the status quo in marketing and utilize the promotional fund for other activities.
b) Utilization of funds to increase social media exposure and promotion
Funds can be utilized to promote the company as sponsored posts on Instagram feeds
Facebook walls and other social media channels. Since the Hashtags campaign is
proving successful they can continue with it.
c) Use coupons as part of the promotional strategy to create brand awareness.
By distributing coupons as pamphlets we can create brand awareness among potential
consumers.
Chosen Alternative
Maintain the status quo in marketing and utilize the promotional fund for other activities.