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June 07, 2025, 09:23:22 pm

Author Topic: Market Research: New Fast Food Concept (COSTARGH'S BACK)  (Read 4017 times)  Share 

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costargh

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Market Research: New Fast Food Concept (COSTARGH'S BACK)
« on: October 22, 2009, 12:35:08 am »
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Hey guys,

Long time no see :) I'm back, but not to take on my duties as before. I've helped many of you in the past. I was hoping that maybe some of you could help me with some MARKET RESEARCH about a new fast food concept.

I have spoken with admin (enwiabe) about this and he is fine with me asking for you guys to help me out and fill out this survey. This survey will take at max 3-5 minutes and is multiple choice.

Take the survey here


Please answer honestly and respectfully.

Good luck with your exams guys! :)

Costa

Collin Li

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #1 on: October 22, 2009, 12:41:01 am »
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Done!

excal

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #2 on: October 22, 2009, 12:48:14 am »
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I'm guessing it's for an assignment, done :)
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costargh

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #3 on: October 22, 2009, 12:48:47 am »
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I'm guessing it's for an assignment, done :)

 ;) Incorrect

Thank-you guys!

dejan91

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #4 on: October 22, 2009, 12:48:56 am »
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Done :)
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Collin Li

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #5 on: October 22, 2009, 12:49:39 am »
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I'm guessing it's for an assignment, done :)

 ;) Incorrect

Thank-you guys!

Let me know how it goes! And I wanna be a Facebook Fan of this :)

costargh

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #6 on: October 22, 2009, 01:26:24 am »
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12-18 months away. Digital media will definitely be utilised to spread the word and to interact with customers at some point. And yes I will definetly let you know how it goes, or maybe you can tell me how it goes when you're trying our product ;)

Collin Li

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #7 on: October 22, 2009, 01:33:33 am »
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12-18 months away. Digital media will definitely be utilised to spread the word and to interact with customers at some point. And yes I will definetly let you know how it goes, or maybe you can tell me how it goes when you're trying our product ;)

Interesting!

One tenet of efficient entrepreneurship is to fail fast, if at all (i.e.: test/validate a business model through practical means). Business plan writing and market research is all good and useful, but there's only so much that theoretical/lab results can show you.

If you ask 10 people "would you be interested in buying this product" and then you go to your car boot and bring them 10 of those products, the answers will have a huge disrepancy!

qshyrn

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #8 on: October 22, 2009, 02:05:01 am »
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done :)

costargh

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #9 on: October 22, 2009, 02:10:55 am »
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12-18 months away. Digital media will definitely be utilised to spread the word and to interact with customers at some point. And yes I will definetly let you know how it goes, or maybe you can tell me how it goes when you're trying our product ;)

Interesting!

One tenet of efficient entrepreneurship is to fail fast, if at all (i.e.: test/validate a business model through practical means). Business plan writing and market research is all good and useful, but there's only so much that theoretical/lab results can show you.

If you ask 10 people "would you be interested in buying this product" and then you go to your car boot and bring them 10 of those products, the answers will have a huge disrepancy!

Yes I agree entirely. Although, when huge capital investment is what is at risk, theres always that rather indulgent pleasure to use the slow and steady, plan plan and plan approach. Because failure at that level = massive loss.

I believe that 'failing to plan is planning to fail'. Everything will come in good time. I realise that this survey in a lot of ways doesnt truely reflect reality (and therefore many of the responses I take with a pinch of salt), however it is interesting none the less and is just extra information. It is up to myself to interpret how relevant respondents answers are.

By the way, Best of luck with your venture Collin. I posted a question today :)

kamil9876

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #10 on: October 22, 2009, 02:44:03 am »
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Oh man I'm so hungry now :(
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TrueLight

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #11 on: October 22, 2009, 05:04:12 am »
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so what is this for?


is this for your job?
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Collin Li

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #12 on: October 22, 2009, 06:15:03 am »
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Haha. The survey we conducted months ago (sometime last year I posted it on VCENotes) was only used as material in our business plan competition.

Yep, definitely had a plan -- but we preferred a business model that had the feature of failing fast, if at all -- since that would suit us!

cobby

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #13 on: October 22, 2009, 07:57:50 am »
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Done!
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periwinkle

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Re: Market Research: New Fast Food Concept (COSTARGH'S BACK)
« Reply #14 on: October 22, 2009, 08:35:04 am »
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    Done
     [I'm yet another incarnation of bubble ;)]


     there's been a real proliferation of lite bites/tapas style food in London recently