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El Quesarito Loco Authentic Mexican Food Truck Strategy and Implementation.
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El Quesarito Loco Authentic Mexican Food Truck Strategy and Implementation At El Quesarito Loco, we aim to serve tasty and affordable Mexican cuisine in a way that is convenient for our customers. El Quesarito Loco will cater specifically to the nightlife crowds along the Main Line in Villanova, PA. Our goal is to provide a different alternative to the typical late night food and Mexican restaurants in terms of time, location, and accessibility.
Market Analysis • Target markets: • College & Graduate students (Ages 18-24) • Post Graduates & Younger Adults (Ages 25-early 30s)
Environmental Scanning • What are Consumers looking for? • Filling items • Unique • Easy to eat • Savory • Characteristics of Competitors: • Late-night • Convenient • Mexican • Chipotle Only
Competitive Advantages Order Winners • Cost • Convenience • Unique Products Competitive Priorities • Price • Flexibility • Time (Delivery Speed) Core Competencies • Mobility • Timing/Efficiency • Convenience Core processes • Customer Relationships • Order Fulfillment • Supplier/Leaser Relationships
Suppliers Alex
Periodic Review System • Simplifies the inventory checking system • Creates a routine for delivery scheduling • Use first few months to familiarize ourselves with necessary inventory & ordering levels.
Customer Demand • Nightly customer demand varies greatly • Frequency of student purchases greatly impacts product demand • Impact on sales
Cashier: Takes order, rings up transaction (dollars or half dollars) Assembler: process orders using batch-order process Deliverer: calls out name, serves food to customer QueuingSystem
FIXED/START-UP Significant Costs VARIABLE Food Utensils Equipment Gasoline • Used Truck • Commercial Kitchen • Licensing Fees • Compensation (3 employees)
Profit Margins • Churros are cheap by the piece, so we can get a high profit margin without making the price high • Steak is expensive, so as to not turn customer away from high prices, we take little margin