Question

Write the budget part of a pizza company marketing plan

Answer 1

To make the plan for budget for pizza company marketing we have to see through all the factors that effect the company .

#some of the factors are

1. Market demand:-firstly we have to check whether the pizza we are selling is in demand or not

2. Preference of consumer:- the next step is to find out the preference of customer that is the type of toppings they want and the type of demand they have for pizza.

3. Make an objective:- if you want to sell that pizza than make it is as your objectives and start focusing on the things required.

4.Organize:- organization of raw material machinery and equipment for pizza is also important.

5 . Analysis of cost:- analysis the cost you are incurring to make the pizza and see if you have the capital (whether borrowed or own) to buy the goods.

6.Price settings and Adding margin to cost:- to make profit as to survive in business adding profit margin is important. Profit should be adequate.

7 Advertising:- advertising in the market for recognition is also important factor,to make people aware.

8.Analaysis of turnover:- turnover (sale revenue) find out the total turnover you get in return

9. Difference between total revenue and total cost:-find out the difference between turnover and cost if there is profit then you plan is successful and your budget is running smoothly if loss then you have to make changes.

10.Feedback:- review the reason of there is a loss and make a change in budget otherwise in case of profit try doing the same budget.

11.Aware about competition:- this is also important because ignorance of competitive budget can lead to loss or sometimes dissolution of your company.