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How to Conduct Effective Market Research

"How to Conduct Effective Market Research. Information supplied by Guy Holmes at The Restaurant Ingredient."
 
  • Conduct a survey. People will be dubious about stopping to talk to anyone with a clipboard as they usually assume you're after their cash. Put a sign on the clipboard saying restaurant survey, and use an A board to persuade people to stop.
  • Use open ended questions. You want to discover how to get people to visit your establishment more frequently, so ask questions such as: What changes to the menu would you like to see? How could we improve our service? How would you improve the dιcor?
  • About 50 responses should give you an idea of how your restaurant is viewed by people that live and work in the area.
  • Use friendly staff to conduct the survey. A big smile will encourage more people to stop and answer the questions, and give a positive impression of your business.
  • Evaluate the competition. It's a good idea to regularly visit other restaurants and bars. Look out for promotions, what's on their menu, and prices.
How to Conduct Effective Market Research
May 2005
 
 

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