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<strong>TapAndDine</strong><br />

ECOMMER K32<br />

Kobayashi, Manabu<br />

Lagrosa, Dee<br />

Madayag, Me-J<br />

Tung, Rachelle


About<br />

In November 2013, <strong>TapAndDine</strong> was founded and<br />

formed by four promising entrepreneurs namely,<br />

Manabu Kobayashi, Dee Lagrosa, Me-j Madayag<br />

and Rachelle Tung who all saw the potential of a<br />

mobile application and website for reserving tables<br />

and browsing restaurants, cafés, hotels and bars in<br />

the Philippines.<br />

E-commerce has undeniably shaped and<br />

impacted businesses to where they are today. The<br />

E-commerce industry, which has become an<br />

avenue for garnering market sales and boosting<br />

customer relationship, proves to be an ever-potent<br />

tool in the success of many businesses. It has also<br />

become the platform for company identity and<br />

branding.


<strong>TapAndDine</strong> <br />

The food industry in particular continues to grow and has been<br />

ventured by many entrepreneurs. It has become an industry<br />

where consistently building customer loyalty and bridging the<br />

gap between customers through promotions, advertisements<br />

and information dissemination among peers are the keys to<br />

success.<br />

Upon observing that there are many opportunities in the food<br />

industry, the founders decided to create an E-commerce<br />

business plan of <strong>TapAndDine</strong>, in order to address the needs and<br />

wants of the food market and to incessantly satisfy them. Not<br />

only that <strong>TapAndDine</strong> will benefit the market, but also restaurant,<br />

café, hotel and bar owners including other employees will have<br />

the advantages such as heightened sales through promos<br />

availed by customers, enticing advertisements posted online and<br />

most importantly, ease of managing restaurant reservations.


INDUSTRY<br />

<br />

BACKGROUND<br />

The Philippines has a growing<br />

food and beverage industry. In the<br />

last 5 years, restaurant growth<br />

averaged at 7.06%. In a week, 43<br />

hours is the averaged number of<br />

hours, which employees would<br />

dedicate in the Philippine food<br />

industry where 234,413 of the Filipinos<br />

are employed. 10.1% of all classified<br />

establishments or businesses in the<br />

Philippines is composed of foodrelated<br />

services and 79,403 out of<br />

98,700,000 Filipinos frequent hotel<br />

and restaurant establishments. With<br />

regards to social media, 71% of<br />

consumers would likely purchase<br />

because of social media referrals,<br />

58% of Facebook users would expect<br />

offers, events or promotions when<br />

they<br />

they become fans of the web page<br />

and 75% have used Facebook as a tool<br />

for making restaurant or retail decisions.<br />

A whopping amount of $8,220,030,000<br />

or P353,461,290,000 is directly linked with<br />

the estimated total revenue for the year<br />

2014 for the foodservice and restaurant<br />

industry alone (Jagger, 2013).<br />

Given the prosperity and<br />

development of the Philippines food<br />

restaurant sector, the founders of<br />

<strong>TapAndDine</strong> would like to delve into<br />

restaurants, bars, cafés and hotels<br />

reservation management and<br />

browsing. The founders believe that a<br />

mobile application and website would<br />

suffice the need or want of the food<br />

market for restaurant reservation<br />

accommodation


accommodation and full customer<br />

browsing experience, while tapping<br />

into customer loyalty through special<br />

discounts and promos. The direct<br />

competitor of <strong>TapAndDine</strong> would be<br />

OpenTable which is a mobile<br />

application and website for online<br />

real time restaurant reservation<br />

service. This application and website<br />

however is only applicable in the<br />

United States area and not in the<br />

Philippines. An indirect competitor of<br />

<strong>TapAndDine</strong> would be ClickTheCity<br />

which is a mobile application and<br />

website for restaurants, bars, café,<br />

entertainment such as movie<br />

schedules, upcoming films, TV shows,<br />

promos, deliveries, events and<br />

travelling browser. ClickTheCity also<br />

serves an online directory among<br />

establishments where various<br />

telephone numbers and addresses<br />

are posted. Upon<br />

observing<br />

<strong>TapAndDine</strong>’s<br />

competitors, the<br />

founders would<br />

like to combine<br />

both of its<br />

competitors’<br />

attractive features<br />

and provide users<br />

with the ultimate<br />

food restaurants,<br />

bars, hotels and<br />

cafés guide and<br />

service.


Given the prosperity and development of the Philippines food restaurant<br />

sector, the founders of <strong>TapAndDine</strong> would like to delve into restaurants,<br />

bars, cafés and hotels reservation management and browsing. The<br />

founders believe that a mobile application and website would suffice the<br />

need or want of the food market for restaurant reservation<br />

accommodation and full customer browsing experience, while tapping<br />

into customer loyalty through special discounts and promos.<br />

The direct competitors of <strong>TapAndDine</strong> would be OpenTable which is a<br />

mobile application and website for online real time restaurant reservation<br />

service. This application and website however is only applicable in the<br />

United States area and not in the Philippines.<br />

An indirect competitor of <strong>TapAndDine</strong> would be<br />

ClickTheCity which is a mobile application and<br />

website for restaurants, bars, café, entertainment<br />

such as movie schedules, upcoming films, TV<br />

shows, promos, deliveries, events and travelling<br />

browser. ClickTheCity also serves an online<br />

directory among establishments where various<br />

telephone numbers and addresses are posted.<br />

Upon observing <strong>TapAndDine</strong>’s competitors, the founders would like to<br />

combine both of its competitors’ attractive features and provide users<br />

with the ultimate food restaurants, bars, hotels and cafés guide and<br />

service.


Industry Rivalry – Very Low<br />

• There are no direct competitors of<br />

<strong>TapAndDine</strong> in the Philippines.<br />

• OpenTable and Table Manager are<br />

the well-known applications and<br />

websites for restaurant reservation<br />

management. However,<br />

both of them are only<br />

applicable in the United States.<br />

• ClickTheCity is the indirect<br />

competitor of <strong>TapAndDine</strong> here in<br />

the Philippines. ClickTheCity is an<br />

online directory and browser varying<br />

from entertainment, travelling, arts<br />

and culture, events, food and drink.<br />

• <strong>TapAndDine</strong> would be the pioneer in<br />

the Philippines as an online<br />

restaurants, bars, cafes and hotels<br />

reservation management application<br />

and website which also serves as a<br />

browser.<br />

• There is also high differentiation<br />

among the competitors by offering<br />

various kinds of features and valueadded<br />

services in the application<br />

and website. <strong>TapAndDine</strong> combines<br />

both Open Table and Click the City’s<br />

best features.<br />

Barriers to Entry – Moderately High<br />

• The cost of capital in setting up a<br />

mobile application and website is<br />

high. It also takes a lot of time and<br />

effort in order for <strong>TapAndDine</strong> to<br />

reach its full completion and<br />

potential successfully.<br />

• <strong>TapAndDine</strong> is a completely creative<br />

concept, which has not been done<br />

in the Philippine industry. Other<br />

entrepreneurs and developers<br />

cannot just simply copy<br />

<strong>TapAndDine</strong>’s full features and<br />

concept, without the consent of the<br />

founders and legal proceedings.<br />

Supplier <br />

Power <br />

(MODERATE) <br />

Barriers to <br />

Entry (MOD. <br />

HIGH) <br />

Industry <br />

Rivalry <br />

(VERY <br />

LOW) <br />

Threat of <br />

Substitute <br />

(LOW) <br />

Porter’s Five<br />

Forces Model<br />

Buyer Power <br />

(WEAK) <br />

Bargaining<br />

Power of<br />

Suppliers<br />

– Moderate<br />

• There are considerable<br />

number of software<br />

providers and<br />

developers who would<br />

provide exceptional service<br />

for the execution of <strong>TapAndDine</strong>.<br />

• Resources in developing <strong>TapAndDine</strong><br />

would also compose of software and<br />

hardware requirements where the IT<br />

industry segment has competitive suppliers.<br />

Bargaining Power of Buyers – Weak<br />

• Since the application and website of<br />

<strong>TapAndDine</strong> is totally free, buyers would not<br />

seek to lower the price of <strong>TapAndDine</strong>.<br />

• With the added-value service of<br />

<strong>TapAndDine</strong> by providing reward points,<br />

promos, discounts and great convenience<br />

through easy browsing and online<br />

reservation service, buyers would prefer<br />

<strong>TapAndDine</strong> over the substitutes.<br />

Threat of Substitutes – Low<br />

• <strong>TapAndDine</strong> can be substituted with the<br />

actual activity of manually reserving a<br />

table via telephone, email and physical<br />

store visit. However, convenience, costs<br />

associated with travelling and time are<br />

greatly sacrificed.<br />

• Switching costs for buyers to substitutes<br />

would be associated with costs and<br />

reduced opportunities for them to<br />

accumulate reward points, discounts and<br />

promos without <strong>TapAndDine</strong>.


<strong>TapAndDine</strong><br />

<br />

ee<br />

Mission:<br />

Vision:<br />

Strategies:


Our mission is to deliver quality and excellent service to our clients<br />

by taking their online reservation experience to the next level. We<br />

aim to provide high standards of service by ensuring their<br />

reservations would be unforgettable through providing a safe,<br />

easy, fast and reliable service to the customers.<br />

To be the leading site in this industry by making the difference<br />

through our values involving our people of dedicated professionals<br />

that delivers their respective functions well and through our high<br />

value for our customers.<br />

Product/Service<br />

Differentiation Strategy<br />

Since the company have<br />

just started its operations,<br />

<strong>TapAndDine</strong> will use a<br />

product/service<br />

differentiation strategy.<br />

Through the features of the<br />

site and application, we will<br />

be able to deliver to the<br />

customer a superior quality<br />

of service that might enable<br />

us to gain competitive<br />

advantage. Therefore, it will<br />

set us apart from our<br />

competitors and help us<br />

build brand loyalty to the<br />

consumers.<br />

Growth Strategy<br />

<strong>TapAndDine</strong> will also make<br />

use of the growth strategy<br />

as the company would<br />

certainly exert huge effort in<br />

expanding our consumer<br />

base. Through the course of<br />

the business, <strong>TapAndDine</strong><br />

seeks to develop more<br />

features and concepts that<br />

shall attract more<br />

customers. Additionally, the<br />

company will look for other<br />

new market opportunities<br />

that shall match our<br />

business operations in order<br />

to generate a higher profit.<br />

Combination Strategy<br />

As we gain more clients,<br />

<strong>TapAndDine</strong> will now make<br />

use of the combination<br />

strategy. The focus strategy<br />

is actually a combination of<br />

both the cost and<br />

differentiation strategies. For<br />

<strong>TapAndDine</strong>, we will make<br />

use of the supposed bigger<br />

consumer base and brand<br />

loyalty to be able to gain<br />

greater power when it<br />

comes to controlling prices<br />

of our product/services.


Review<br />

<br />

of Similar E-Commerce<br />

Businesses<br />

OpenTable is a direct<br />

competitor of <strong>TapAndDine</strong>.<br />

Both companies are seeking<br />

to be the number one<br />

provider for diners’ online<br />

reservations in the whole<br />

world. Currently, OpenTable<br />

is the leading provider of<br />

online restaurant<br />

reservations. <strong>TapAndDine</strong><br />

wishes to compete with<br />

OpenTable by starting their<br />

services in their own<br />

country, the Philippines,<br />

catering to their fellow<br />

countrymen before<br />

venturing out to different<br />

restaurants and customers<br />

worldwide.<br />

Company Overview<br />

(http://www.opentable.com/info/aboutus.aspx)<br />

● “OpenTable is a leading provider of free,<br />

real-time online restaurant reservations for<br />

diners and reservation and guest<br />

management solutions for restaurants.”<br />

● “The OpenTable network connects<br />

restaurants and diners, helping diners<br />

discover and book the perfect table and<br />

helping restaurants deliver personalized<br />

hospitality to keep guests coming back. The<br />

OpenTable service enables diners to see<br />

which restaurants have available tables,<br />

select a restaurant based on verified diner<br />

reviews, menus and other helpful information,<br />

and easily book a reservation.”


Although, <strong>TapAndDine</strong> currently<br />

only has one direct competitor,<br />

which is OpenTable, it has<br />

numerous indirect competitors<br />

existing. ClickTheCity.com, a<br />

locally-indirect competitor of<br />

<strong>TapAndDine</strong>, is a well-known<br />

website guide on the<br />

Philippines’ entertainment and<br />

lifestyle. <strong>TapAndDine</strong> sees<br />

ClickTheCity.com’s various<br />

features in their mobile<br />

application and website, as<br />

something very similar to<br />

<strong>TapAndDine</strong>’s own concept,<br />

strategies and elements.<br />

Company Overview<br />

(http://www.clickthecity.com/info/about.php)<br />

● “ClickTheCity.com is the Philippines'<br />

definitive online entertainment and lifestyle<br />

guide, delivering up-to-date entertainment<br />

schedules and events, serving as a<br />

clearinghouse of goings-on around town.”<br />

● “ClickTheCity has built solid ground with its<br />

strong online presence, and through the<br />

years has changed through the times,<br />

evolving its content and media to adapt to<br />

the latest technologies and innovations.”<br />

● “Today, thousands of visitors rely on<br />

ClickTheCity's online and mobile services for<br />

comprehensive entertainment and leisure<br />

information. With over ten years in<br />

operation, ClickTheCity has established<br />

itself as the leading online and mobile<br />

entertainment and lifestyle guide in the<br />

country.”


Comparative<br />

Chart of the<br />

Features of<br />

Each Site<br />

Analysis of<br />

Competitive<br />

Sites<br />

The following pages will show an<br />

analysis of the competition of<br />

<strong>TapAndDine</strong>. Analysis would be<br />

composed of the features of the mobile<br />

software applications and websites of<br />

both the direct and indirect competitors<br />

of <strong>TapAndDine</strong>.


OpenTable<br />

<br />

(Direct<br />

Competitor)<br />

The features of the website shows the website’s capability to<br />

view a restaurant, then book a reservation just like<br />

<strong>TapAndDine</strong>’s projected functions. Also, the website gives an<br />

overview of all the places and locations it already has<br />

penetrated, which is the entire USA area and some parts of the<br />

globe as well. It also features an easy access to it’s reservation<br />

functions with a good search engine filters that makes it easier<br />

to locate a restaurant. It also shows reviews and comments from<br />

different people in the web to a certain restaurant which can<br />

give more information for the website user.<br />

The images on the left show<br />

OpenTable’s mobile applications. It is<br />

available in iOS running devices,<br />

Android devices, BB Operating System<br />

devices and Palm Web OS devices. The<br />

app features a portable version of the<br />

website.


OpenTable SWOT Analysis<br />

STRENGTHS <br />

• Already established <br />

organization in the US and other <br />

parts of the world <br />

• More than 30,000 restaurants in <br />

the world recognizes OpenTable <br />

• Established customer base of <br />

12M users per month <br />

• Have many revenue model <br />

options (Advertising, Restaurant <br />

Partnerships, etc.) <br />

WEAKNESSES <br />

• Only focused on restaurants <br />

• Appearance of the website looks <br />

dull and very stagnant <br />

• Has not yet penetrated the Asian <br />

region completely (except for <br />

China and Japan) <br />

OPPORTUNITIES <br />

• Has the capacity to enter new <br />

international markets <br />

• Opportunities to open to new <br />

markets like cinemas, events, <br />

etc. <br />

THREATS <br />

• Low barriers of entry for new <br />

players


ClickThe<br />

City.com<br />

(Indirect<br />

Competitor)<br />

ClickTheCity is an indirect competitor<br />

for <strong>TapAndDine</strong> as it does not offer<br />

reservation functions for its users. Though<br />

that being the case, it still offers all<br />

information-giving functions to its users. By<br />

being able to provide all the information<br />

to its users, in restaurants, malls, cinemas,<br />

events, hotels, travels and many more, the<br />

company can take away the reservation<br />

capabilities of <strong>TapAndDine</strong>. It also lets its<br />

users give out their suggestions to other<br />

users as well. It gives maps to places<br />

around the Philippines, contact details of a<br />

certain cinema, restaurant and where<br />

reservations can be made. It also offers<br />

coupons for its users and online ordering<br />

schemes through its apps users.


ClickTheCity.com SWOT Analysis<br />

STRENGTHS <br />

• Already a known website in <br />

the country <br />

• Caters to a lot of markets <br />

• Has a high revenue creating <br />

model from advertisments <br />

• Offers online ordering <br />

schemes <br />

• Lets the users be involve in <br />

the website <br />

WEAKNESSES <br />

• Intense competition <br />

• Only established in the <br />

Philippines <br />

OPPORTUNITIES <br />

• Has options to grow to <br />

reservations <br />

• Has opportunities to <br />

penetrate other markets <br />

THREATS <br />

• Low barriers of new entrants <br />

• Can easily be copied


Possible<br />

Features for<br />

Adoption<br />

Adopt the Restaurant Partnerships Scheme<br />

This will ensure that there will be restaurants<br />

that would be in close contact with<br />

<strong>TapAndDine</strong>. Also, partnerships can create a<br />

direct communication among the restaurant<br />

to <strong>TapAndDine</strong> and to users of the apps, thus<br />

creating more opportunities for both the<br />

restaurants and <strong>TapAndDine</strong>.<br />

Adopt the Information Giving Features<br />

Adopting the Information giving features like giving directions and maps to a<br />

restaurant can be beneficial not only for the users, but also for the restaurant.<br />

In addition, giving information about the menus, the prices, and personal<br />

reviews can also give another dimension to the restaurant. This feature is a<br />

value-creating feature.<br />

Adopt the Accessibility Features in<br />

Mobile Phone Apps<br />

By adopting to create the<br />

application software to be<br />

compatible to many operating<br />

systems ensures more and more<br />

people will use the app. As<br />

smartphones are invading the<br />

mobile world, we should adjust to<br />

this be opening our doors not only<br />

to Android and iOS users, but also<br />

to other operating systems<br />

provider like Windows, BB OS and<br />

many more.


How<br />

Recommended<br />

Features<br />

Supports<br />

Mission/Vision/<br />

Strategies<br />

By providing the said features,<br />

we can assure the customers<br />

quality and excellent service.<br />

The features can also provide<br />

high value for our customers<br />

that would give them an<br />

unforgettable experience in<br />

online and mobile<br />

reservations. By giving all the<br />

information they need, we<br />

can assure that their online<br />

and mobile reservations can<br />

give them safe, fast, easy and<br />

reliable service. By being<br />

present in almost everywhere<br />

in the mobile industry, we can<br />

take the reservation industry<br />

to a higher level.


E-Commerce Business


E-Commerce project using<br />

the 6 Elements of a Business<br />

Model<br />

Value Proposition<br />

Absolutely free<br />

The <strong>TapAndDine</strong>’s web site<br />

and mobile application will<br />

both be available to<br />

anyone for free.<br />

User-friendly<br />

<strong>TapAndDine</strong>’s web site will<br />

be designed creatively<br />

while still manage to be<br />

easily controlled. Likewise,<br />

the mobile application will<br />

be equally creative and<br />

easy to use adapting the<br />

features of the smart<br />

phones.<br />

Service quality<br />

Since our site is very specific<br />

in its service, our<br />

transactions and processes<br />

will be undoubtedly fast.<br />

You can make reservations<br />

directly through our site and<br />

mobile app for your chosen<br />

restaurant, café, etc. which<br />

can make reservations less<br />

hassle for you. We will also<br />

have a special feature that<br />

will activate auto-sync to<br />

your calendar to remind<br />

you of your reservation 3<br />

hours prior to the reserved<br />

time.<br />

Credibility<br />

We will make sure that our<br />

site is affiliated with various<br />

well-known restaurants &<br />

cafés, hotels, and bar.<br />

Revenue Model<br />

Advertising<br />

<strong>TapAndDine</strong> will primarily<br />

receive revenue from<br />

advertising fees from<br />

companies who would like<br />

to buy a space on our site<br />

and application. Fees will<br />

vary depending on the size,<br />

the frequency of<br />

appearance and the form<br />

of the advertising.<br />

Point system<br />

We will have this kind of<br />

system wherein clients who<br />

will make reservations<br />

through our site and<br />

application will have the<br />

ability to accumulate<br />

points. The points collected<br />

can later on be used as<br />

discounts for future<br />

transactions in our site.


Market Opportunity<br />

<strong>TapAndDine</strong>'s target market<br />

would most probably be from<br />

teens looking for a place to<br />

hang out with their friends, to<br />

the working people who would<br />

need to find a good place to<br />

eat lunch at and to the high<br />

class people who would look<br />

for the best hotels in town.<br />

Basically, since we offer a<br />

service concerning food and<br />

other luxuries, our target<br />

market is quite diverse and<br />

large. With proper advertising<br />

and marketing, <strong>TapAndDine</strong><br />

hopes to expand its consumer<br />

base throughout its operation.<br />

<strong>TapAndDine</strong> would be<br />

available in two forms, a site<br />

and an application. Both will<br />

require users to make an<br />

account that will give us more<br />

opportunities to make constant<br />

communication with the<br />

clients, thus can yield a high<br />

probability for the users to visit<br />

the site and application more<br />

often.<br />

Direct competitors are<br />

deemed to be only few in the<br />

Philippine setting, therefore,<br />

there is a high probability that<br />

<strong>TapAndDine</strong> will make a name<br />

in the industry. Also, because of<br />

this, there is more room for<br />

improvements and eventually<br />

enhance the site into a more<br />

unique kind of service.<br />

Competitive Environment<br />

OpenTable (Direct)<br />

OpenTable, according to their<br />

website, is the world’s leading<br />

provider of online restaurant<br />

reservations, catering to more<br />

than 12 million diners per month<br />

via online bookings across<br />

approximately 30,000 restaurants.<br />

The company currently runs a<br />

website (www.opentable.com)<br />

and has mobile apps for Android,<br />

BB OS, Palm OS and iOS. The idea<br />

of OpenTable started in 1998,<br />

where it’s headquartered in San<br />

Francisco, California. Since then it<br />

has seated more than 530 million<br />

diners around the world.<br />

OpenTable service is available in<br />

the United States, Canada,<br />

Germany, Japan, Mexico, and the<br />

UK.<br />

ClickTheCity (Indirect) - is a wellknown<br />

website guide on the<br />

country’s entertainment and<br />

lifestyle. They deliver up-to-date<br />

entertainment schedules and<br />

events around the Philippines.<br />

ClickTheCity has been in the<br />

online industry for about 10 years,<br />

handling a website and mobile<br />

apps for Nokia, iOS, and Android<br />

devices. Their mobile app offers<br />

privileges such as special offers<br />

and discounts from participating<br />

Merchants, transforming their app<br />

into a virtual lifestyle card. Their<br />

mobile app also has a mobile<br />

ordering feature, which lets you<br />

order through their app for takeouts<br />

and deliveries.


Competitive Advantage<br />

First-mover advantage<br />

Currently, there are no existing reservation apps<br />

that caters to the Philippine market. Our goal is to<br />

make <strong>TapAndDine</strong> the number one reservation<br />

app in the country, offering our services to<br />

numerous Filipino cuisines and well-known<br />

establishments in the country. Although there are<br />

existing restaurant guide apps already being used<br />

by the Filipino market.<br />

Organizational Development<br />

Management Team<br />

They are in charge of managing day-to-day<br />

responsibilities in the company. In addition, they<br />

are considered to be the highest level of the<br />

organizational management.<br />

Developers<br />

They are the ones who write computer programs<br />

to meet our company’s specific requirements<br />

and objectives. They are also involved and<br />

responsible for requirements capture, testing and<br />

maintenance.<br />

Marketing Team<br />

They are in charge of handling the marketing<br />

goals for our company. This will cover promotions,<br />

advertising and other marketing related strategies<br />

so as to make our app/website known to the<br />

Filipino market.<br />

Finance/Accounting Team<br />

They are in charge of handling the company’s<br />

inflow and outflow of cash, at the same time,<br />

recording them. As the finance and accounting<br />

team, their role in the company is important since<br />

they will be studying both incomes and expenses<br />

of the company, making it important to consult<br />

them before taking any steps in the progression of<br />

our business plan especially when money is<br />

involved.


Operations<br />

With regards to <strong>TapAndDine</strong>’s<br />

operations, it employs a nontraditional<br />

setup and it is<br />

purely virtual. Users just have<br />

to sign up for free through<br />

<strong>TapAndDine</strong>’s online website<br />

or mobile application. They<br />

can either sign up as<br />

“customers” or<br />

“restaurant/café/bar<br />

owners”.<br />

Restaurant/café/bar owners can<br />

easily login and view their<br />

customer information and<br />

customers’ reservation status. They<br />

can also approve and view their<br />

guest list. Through the online<br />

website, consumers can easily<br />

access it, even when they don’t<br />

have a smartphone to access the<br />

mobile application of<br />

<strong>TapAndDine</strong>. What’s more is that<br />

almost all of the features included<br />

in the mobile application are also<br />

available in the website. The<br />

mobile application only has an<br />

added feature of GPS in locating<br />

nearby restaurants. Features<br />

which are included in both mobile<br />

applications and online website<br />

are restaurant, cafés, or bars<br />

browser which allows filtering by<br />

name, place, price range, desired<br />

reservation date/time and type<br />

of cuisine entered by the user, top rated restaurants,<br />

cafés, or bars, restaurant reviews, most reserved<br />

places, menu viewing, restaurant status updates,<br />

online real-time restaurant-reservation service, pointsystem<br />

for reservations made which can be availed<br />

with discounts and special promos. Furthermore,<br />

users have the options to make, change, cancel and<br />

confirm reservations. Reservation notifications are<br />

made via SMS and mobile application. Notifications<br />

via SMS are most especially handy for those without<br />

a smartphone to download <strong>TapAndDine</strong>’s mobile<br />

application. A user’s reservation status can also be<br />

shared via social networking sites such as Facebook,<br />

Twitter and Foursquare.


Marketing Plan<br />

The target market of <strong>TapAndDine</strong> is composed of “foodies” or the socalled<br />

“food enthusiasts”, bar hoppers, nightlife people, celebrants and for<br />

all of those people who enjoy time indulging food, drinks and clubbing.<br />

• <strong>TapAndDine</strong> is connected through social networking<br />

sites such as facebook, twitter and foursquare. For<br />

instance, when a table reservation is successful, users<br />

have the option to share their status “Table reserved<br />

in Viking’s Buffet Restaurant ☺” via twitter, facebook<br />

and foursquare.<br />

• <strong>TapAndDine</strong> will be partnered with several<br />

restaurant/café/bar establishments in order to<br />

advertise the mobile application and online website.<br />

The application logo, name and brief application<br />

information will be displayed in table tops of the<br />

partnered restaurants. These advertisements are<br />

displayed on top of tables and they may be in the<br />

form of small sign frames, card holders and<br />

placemats. The partnered restaurants/café/bar are<br />

the establishments comprising the list of<br />

restaurants/cafés/bars which allow discounts and<br />

promos to be availed when the points have been<br />

accumulated through successful reservations made<br />

in <strong>TapAndDine</strong>.<br />

• Word of mouth through recommendations of friends,<br />

families and all users of <strong>TapAndDine</strong>. Testimonials are<br />

still one of the best marketing tool that we can use<br />

today especially from credible people. That is why<br />

the <strong>TapAndDine</strong> app would be itself a marketing tool<br />

to gain our target market.


<strong>TapAndDine</strong> SWOT Analysis<br />

STRENGTHS <br />

• Has a very attractive and <br />

customer-­‐friendly site/app <br />

• Have established <br />

partnerships with famous <br />

restaurants <br />

• First-­‐mover advantage <br />

• Point-­‐system feature of the <br />

site can attract more <br />

customers <br />

WEAKNESSES <br />

• A new player in the industry <br />

• Has already a lot of big <br />

competitors <br />

• Still has to build a solid <br />

customer base <br />

OPPORTUNITIES <br />

• Has the capacity to improve <br />

or invent new features that <br />

will enhance the site/app <br />

• Has the capacity to enter new <br />

international markets <br />

• Opportunities to open to new <br />

markets like cinemas, events, <br />

etc. <br />

THREATS <br />

• Low barriers of entry for new <br />

players


Financial Projection<br />

(First 3 years)<br />

Below is a simple Financial Project for the proposed project<br />

of the group. Starting from roughly an initial development<br />

cost of P 129,179.00 and yearly expenses of P 266,500.00<br />

after operations. We assume to reach breaking point before<br />

the 2nd year of operations and expect to grow profit by 20%<br />

after a year.


<strong>TapAndDine</strong> Prototype<br />

Home<br />

About<br />

Restaurants


Reservations<br />

Home Menu About<br />

Restaurants<br />

Reservations


Support to Nation Building<br />

Through TapandDine’s mission and vision, the company seeks out<br />

to be a responsible organization that contributes and gives back to the<br />

nation. Thus, as we strive to grow as a company, TapandDine<br />

correspondingly aims to extend our help to people in our own way.<br />

Our services primarily aim to make life easier for each customer by<br />

efficient performance of our services that would cost each customer<br />

lesser time and effort in doing their reservations. Staying true to the<br />

purpose of our business that directly involves restaurants, bars, cafes,<br />

hotel – all of which are associated to relaxation and luxury, we strive to<br />

satiate the customers to our maximum capacity. On another note, with<br />

our quality service, we won’t just be able to satisfy our clients but also<br />

open more opportunities to our valued partners, which is comprised of<br />

various businesses that are affiliated with us. Through our site and<br />

application, this would help the companies in reaching out to more<br />

people and help them expand their consumer base as well.<br />

Additionally, if TapandDine will experience a positive business growth,<br />

we will also be able to open more opportunities for unemployed people<br />

who seek for employment.


Bibliography/References<br />

Jagger, S. (2013). The Philippines restaurant industry at a glance. Retrieved from<br />

http://blog.payrollhero.com/2013/11/15/the-philippines-restaurant-industry-ata-glance-food-and-beverage-stats-manila/<br />

OpenTable, Inc. (n.d.). About opentable. Retrieved from<br />

http://www.opentable.com/info/aboutus.aspx<br />

Surf Shop, Inc. (n.d.). About clickthecity.com. Retrieved from<br />

http://www.clickthecity.com/info/about.php

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