Jollibee Foods Corporation is the parent company of Jollibee a fast-food restaurant chain based in the Philippines. Among JFC's popular brands are Jollibee, Chowking, Greenwich, Red Ribbon, and Manong Pepe's.[1] Since its inception, Jollibee has become an increasingly profitable fast-food chain with 686 restaurants in the Philippines and 57 in other countries employing 29,216 workers.[2] Including all its brands, JFC has 1,804 stores worldwide and total sales of more than US$1 billion as of December 2008. Marketing: Jollibee depends on high customer traffic and tight operations mangement. It offers great service to the high volumes of people who patronize its outlets by functioning as a well-oiled machine with close tabs on daily operations. Jollibee focus: : The Unique Selling Porposition of the Jollibee brand is : 1) Fast, Good, Clean, Cheap food 2) Caters to local needs( Spicy patty) 3) Consistency, reliability over all its outlets. Positioning: Ensuring high traffic needs an emphasis on store location and positioning Jollibee in the minds of the consumer as a place that they would enjoy eating fast food. This entails proper branding and positioning of the service offered. Jollibee also projected itself as world class and not a local brand. The service that is offered should be consistent over all Jollibee stores, however this might be a problem as the division has been slimmed recently and resources might be stretched too far. Product: In the case of Jollibee, it went from being an ice cream parlour to serving hamburgers made with a homestyle recipe. This change in product was in response to events triggered by the 1977 oil crisis which would have doubled the prices of ice cream. The product offered by Jollibee appeals to the Filipinos taste for spicy burgers. By concentrating its resources on satisfying the Filipino palate, Jollibee has been able to serve localized dishes that are unlike any found in the other fast-food chains in the Philippines. In addition to offering the usual French fries that accompany the meals found in McDonald’s, KFC, Burger King, and so forth, Jollibee also serves rice or spaghetti, Filipino style. Even the burgers are cooked exactly as Filipinos want them done— sweeter and with more seasonings, often likened to what a Filipino mother would cook at home. Menus in outlets across the globe adjusted to local preferences to differentiate it from other standardized players like Mc Donalds and KFC who maintain the same menus worldwide with minimal changes. Jollibee even incorporated recipes from employees to truly capture local tastes. Enchanted Kingdom Point of View In this case, the group would take the point of view of the top management/marketing manager. This is because the group thinks the top management/marketing manager has the capacity to strategize and initiate the necessary actions in this situation. II. Market Situation Analysis A. SWOT Strengths - Pioneer theme park - world-class themed leisure, recreation and entertainment - Seven ‘fantastic’ theme zones - Spacious land - Accessible to public (close to Metro Manila) - Rides imported from United States, Germany, and Japan. - With musical entertainment (popular guest bands and in-house bands) - With fireworks display every weekend Opportunities - Visitors coming in groups could be corporate (handling company anniversaries, parties, product launches, company and family outings, sport fests, wedding receptions, birthday parties, concerts and fund-raising activities), travel (handling tour groups), and school (handling educational field trips, graduation balls, and prom nights) - Majority of those who visited the park were young people between 13 to 29 years of age. - A big chunk of the park’s revenues came from its admission fees and retail operations. - Continuous demand for recreational activities - People celebrate different occasions all throughout the year - Increasing demand on semestral breaks and vacation of students - People are attracted on buying group or corporate packages Threats - Precarious economic conditions (currency crisis) in late 1997 - Competition from other recreational establishments - Fluctuating demand - The Financial Crisis in Asia - People began cutting “unnecessary expenses” including leisure expenses - Fluctuating demands all throughout the year - Negative responses of the disappointed customers - Competition from other recreational establishments such as malls. Strengths - Pioneer theme park - world-class themed leisure, recreation and entertainment - Seven ‘fantastic’ theme zones - Spacious land - Accessible to public (close to Metro Manila) - Rides imported from United States, Germany, and Japan. - With musical entertainment (popular guest bands and in-house bands) - With fireworks display every weekend Elite Technopark Elitech Corporation is one of the major suppliers of quality machines and process supplies of leading Semiconductor Companies in the Philippines for 18 years now. In 2010, the Company ventured to an Educational Theme Park and brought unique attractions from South Korea to the Philippines. Elitech is the first to bring Trick Art Museum and Mirror Maze in the Philippines. To continue the company’s mission to provide outdoor and practical education through School Fieldtrips to our future technical leaders, Elitech Corporation through Creative Science Exhibit Inc. developed new theme parks in Liwasang Darangen CCP Complex Pasay City, i.e. ELITE TECHNO PARK and RAYA. Elite Techno Park (ETP) was conceptualized two (2) years ago when their engineers and principal investors thought of extending the semiconductor industry to the Filipino students. They have noticed that Semiconductor is very limited in our curriculum which is understandable because of the high cost involved in the facilities and materials. But with the K-12 program of DepEd, they believe that this is the right time to put up this exhibit. Elite Techno Park features the Techno-Vocational Track of K-12 program of the Department of Education in the field of Engineering (Semiconductor, SMT, PCB Assembly and Electronics), Mechanic and Automotive, Air Conditioning, Information Technology (Robotics), Solar Energy and Renewable Resources, Weather Forecasting (Climate Education) and Disaster Awareness and Preparedness. Elite Techno Park has different learning modules for elementary to tertiary level. It provides activities for the visitors to have hands-on experience on each module. It aims to utilize the skills of the students and open job opportunities for them even before their graduation. This will supplement their technical knowledge for their chosen technical courses and this can help them if they opt to enter the corporate world or venture into businesses. Further, all modules will discuss the importance of technology and its contribution to save our Mother Earth. Elite Techno Park and Raya are located at Liwasang Darangen (in front of World Trade Center), CCP Complex, Pasay City.