Question

When analyzing the Market Force within a new restaurant what do customers need? Where are the biggest unsatisfied customer needs? What do customers really want to get done? Where is demand increasing? Declining? Long service wait periods can be a start.

What are customers really willing to pay for? Where can the largest margins be achieved? Can customers easily find and purchase cheaper products and services?

Please use personal experience if you would like, and if possible please try to meet 300 words, thank you so much!

Answer 1

Customer from a new restaurant usually expect unique experience interms.of ambience, food quality and customer interaction plus taste of food.

The unsatisfied customer need mostly attention from the staffs so that they can express their concern, reducing waiting time and improving the taste of food and accomkdate more spread of food which customer likes.

Demand is increasing in terms of quality of food and service. The declining factor is basically inhealtby food ( fast food/Jung foods) and also long time waiting for the customer service.

Customer willing to pay for high quality food, for lovable ambience , interactive staff .

No. It's difficult to get the right traddtoff for quality and price.Eithet cost will.be high for good service or they have to compromise on taste of food.