Swot Analysis For Red Lobster

Improved Essays
Red lobster is one of the world’s most famous casual/family seafood restaurants. It is been a staple of downtown Silver Spring’s eclectic dining community for more than 15 years. It is located just 10 minutes away from the Silver Spring Metro station, which allows the restaurant to have easy access to parking and transportation. Since downtown Silver Spring is a social and cultural melting pot, many different demographics have eaten at Red Lobster; however, I would say their main target market is definitely families and people between the ages of 29 to 55.
For me, personally, Red Lobster is one of my favorite restaurants to eat at. One of the main strengths of the restaurant is its price range. All of the menu items are between $15 and $25 depending on the size of the meal or the amount of individual items that are ordered. Red lobster’s biggest up-selling menu selection is arguably the four course meal special. This combo consist of a salad, your choice of soup, choice of seafood platter and a dessert option for a grand total of only $15. This kind of offering definitely shows that the management team
…show more content…
For starters, space we will turn their weaknesses into a strength. Since we are attempting to appeal to a younger demographic, our bar and menu selections will include hard liquor drinks for those customers who have a photo ID. In my opinion, red lobster’s single biggest weakness is its limited scope and lack of opportunity for expansion. They simply do not have crossover appeal. This is why I suggested that our restaurant incorporate the use of games and activities in hopes of widening our reach and giving our customers that little bit of extra value for their money. Red lobster serves a very niche corner of the restaurant industry and probably always will, which makes them not much of a competitor for

Related Documents

  • Improved Essays

    Fresh Bait by Sherryl Clark is a short story regards a High School teacher that journeys to the Australians Outback in an attempt to find the killer of a university student called Melanie. Melanie was hitchhiking when she was killed by an unknown killer. The young man journeys to the Australians Outback to find the killer. The main protagonist in Fresh Bait is young man.…

    • 457 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Red Robin Research Paper

    • 148 Words
    • 1 Pages

    Red Robin at the Portland airport is a fast and tasty restaurant to stop at for some food when waiting for a flight. It is known for its gourmet burgers that are all reasonably priced. Red Robin is open every day and dishes out lunch and dinner. There is also a full bar for those who would like to sip on a cocktail or glass of wine before heading on their way. There are lots of appetizers that are wonderful for sharing at Red Robin and they start at just $5!…

    • 148 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    Cracker Barrel a Southern restaurant known for its Southern food and homey gift shops filled knickknacks are starting to expand its retail mix to lure in a new, younger demographic. “ The CEO of Cracker Barrel Sandra Cochran said the company plans to broaden its relevance to Millennials and Multicultural communities through enhanced marketing messaging, menu innovation, and new retail merchandise” (). This is quite a change for the 641 chain that started 47 years ago. The reason behind Cracker Barrel wanting to attract millennials is the same as any other traditional restaurant: consumers prefer fast-causal concepts. The NDP Group restaurant industry analyst says that millennials between 19 to 35 years of age prefer fast-casual restaurants such as Chipotle and Five Guys because they prefer the fresh ingredients offered at a low price point.…

    • 267 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    For the required writing assignment I felt that the piece by Anna Vallayer-Coster, Still Life with Lobster, was the painting I wanted to review. The piece was completed in 1781by Coster. The focal point of the painting is the Lobster. When discussing focal point it is actually defined as the point where the artist has the prospective viewers’ eye go immediately upon first viewing the work of art.…

    • 280 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    For decades, humans has advance in many aspects of nature as a result of fear or guilt. In both "Food Inc." and "Consider the Lobster," we are presented the advancement humans has gone when dealing with the food industry. "Food Inc." the fear of workers of losing their farms has advanced them in working in conditions that is not beneficial for the animals as they go through the painful process of processing the animals as food; in "Consider the Lobster," chefs and your ordinary cook develop a sense of guilt as they go through the process of cooking a lobster. Both topics intertwine when dealing with workers and chefs and how their convictions blur the line between mortality and ethics. What evolution does a human go through that allows them…

    • 1056 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    The Importance Of Redhook

    • 107 Words
    • 1 Pages

    RedHook: One of the countries busiest shipping neighborhoods, Red Hook is a city infused with New England flavor. Easy to move around the neighborhood with; Ride the train, bus or even ferry to this Brooklyn neighborhood with sweeping views of New York Harbor, the occasional cobblestone street and an industrial vibe . Its residents include artisans, musicians, gardeners and a host of other creative and entrepreneurial types. Red hook is not much of a touring city, but its one of the best neighborhood one can move into, and a place where one can develop great businesses. So make a day of it in the spring or…

    • 107 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Lobster Night Analysis

    • 997 Words
    • 4 Pages

    Survival and vulnerability are two themes which appear totally independent of one another, yet both are universal human experiences which often coexist and influence an individual’s behaviour. It is human instinct to survive in dangerous situations, to protect oneself from potential harm. It is also human instinct to hide one’s vulnerability from others out of fear of those vulnerabilities being used against them. In Russell Banks’s short story “Lobster Night” he explores the relationship between gender politics, survival, and vulnerability when Stacy and Noonan reveal personal stories of weakness and survival to each other. Despite this newfound connection built between the two characters when both Stacy and Noonan expose their vulnerability,…

    • 997 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    In the comparison of the 3 aforementioned pizza companies, Little Caesars, Papa John’s Pizza, and Pizza Hut, they share a number of similarities and differences in the individual elements of their operational strategy. For Little Caesars Pizza, being the world’s largest carry out pizza chain (Little Caesars, 2016), staying in that position means competitive priorities must be a core part of their operations strategy. For cost, Little Caesars Pizza features promotions on their website to offer their products at a competitive price to consumers (Little Caesars Pizza, 2016). With quality, Little Caesars Pizza states they are focused on “providing top-quality pizza made with fresh ingredients” (Little Caesars Pizza, 2016).…

    • 1068 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Hungry Jack's Essay

    • 639 Words
    • 3 Pages

    ● Established market share: Hungry Jack’s is second only to McDonalds and holds a 15% share of Australia among fast food restaurant chains. The company’s profitability has also increased in recent years. ● Growth…

    • 639 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    The variety of menus at the Kickin’ Crab are much more than the Boiling Crab because there are garlic noodle, New York cheesecake, and…

    • 403 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    The article Fast Food: Four Big Names Lose is a textual analysis of different fast food restaurants and what consumers actually want from them. In the article thy describe the criteria customers used to judge some of the top fast food chains. Some of the criteria they used included service, value, and quality. The article goes on to use these criteria to compare restaurants like McDonalds, Wendy’s, Taco Bell, Chipotle, Subway, and Chick-fil-A. Consumer Reports, the author, shows in the article that some of the bigger names in business including McDonald’s, Burger King, and Wendy’s rate as some of the worst restaurants in comparison to some of the lesser known places like In-N-Out Burger, Burgerville, and Culver’s.…

    • 701 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Denny's Research Paper

    • 986 Words
    • 4 Pages

    Growing up in an environment that mostly eats meals at home, I was hardly introduced to restaurants. As a result, of mostly eating meals at home, restaurants never really satisfied my taste buds, due to the fact that my mom’s home cooked meals are twice as delicious. Moreover, it was later on in life when I started eating at restaurants, in which have given me a lot of wonderful memories I will never forget. Despite, not eating out a lot when I was younger it has become part of my life style ever since I have started working and attending college. With this in mind, Cheba Hut, Denny’s, and Pizza Mia will always be 3 of my favorite places to stuff my face with no regrets.…

    • 986 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Do you have a favorite place? I know I have a favorite place it is SeaWorld because people are so joyful there and it is a really pleasant place to go to if you need to go on a vacation this spring break or this summer. Now I will be talking about their activities there what you could do there when you go there you want to. I would also talk about the appearance like how it looks and more. Mostly but not least I will be talking about their food like what they eat in Florida or do they eat the same food like we already do now.…

    • 737 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    This is a factor that definitely hurts business sentiment and possibly is going to make firms wary of expanding capacity significantly. ECONOMIC FACTORS In the midst of weak economic growth it seems that the food industry is likely to shrink as a result of lessened activity of consumers. Within the fast food industry Famous Brands has already seen a decline in its operating margin from 60.4% to 59.4% as…

    • 1851 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Analysis on the Fast Food industry of South Africa. There are many fast food companies in South Africa that consumers enjoy joyfully. The main food types are pizzas, burgers and chips. Chips are the most common meals that South African love, who enjoys a fast food meal with chips?…

    • 823 Words
    • 4 Pages
    Improved Essays