Market Analysis- Opening a Tapas Restaurant in Pearland Texas Research Proposal - 1

Market Analysis- Opening a Tapas restaurant in Pearland Texas - Research Proposal ExamplePearland is on its way to becoming the next major study center in the Houston region (Living in Pearland par. 1). Thus, it transpires that the city offers a highly conducive environment for launching a new restaurant, which can operate well in this region due to several(prenominal) factors.The universe growth in this town shows a high market authority of Tapas Restaurant. Pearland is near to pastime drome and therefore the restaurant can cater to tourists and business people who travel to this area. Pearland Park and restaurant is unitary of the main attractions of Pearland city. Besides, Pearland Art League can be another potential source of market for the restaurant as it invites several people round the year for many functions. These are the market potential in Pearland. The restaurant has competitors there much(prenominal) as Pear Tree, Santa Barbara Italian Restaurant and Busy Bee Caf etc.The potential target customer groups for Tapas Restaurant include the employees and visitors of Texas Medical Center, Johnson Space Centers workers, visitors to Pearland Park and Hobby Airport etc. Besides, there are several well established families living in the area. Since there are no come outlets of Tapas Restaurant in this region, Pearland City is a potential market for opening such a restaurant. This restaurants target customers are youth and upper middle class people. stone pit market identification involves the process of determining the group of potential clients from the inhabitants of a community, which may comprise several sections. Once this is done, the firm concerned has to make sure that they are in position of gratifying the desires and requirements of distributively section. Marketing aims, which add to the achievement of the general industry objectives should be recognized for all target markets. The objectives mustiness be in quantitative language, s hould indicate the target market and must also point out the period within which the goals must be