Monday, April 4, 2011

CHIPOTLE - Social Media Monitoring - Final Report

Product review: Chipotle aims to do a few things but exceptionally well. When Chipotle first opened in 1993,the goal was simple; to serve high quality delicious food quickly with an experience that not only exceeded, but redefined the “fast food” experience. Some 16 years and more than 900 restaurants, they compete in a category of dining, now called “fast-casual” the fastest growing segment of the restaurant industry, where customers expect food quality that’s more in line with full-service restaurants , coupled with the speed and convenience of fast food. A chef named Steve Ells is the founded Chipotle. The first Chipotle was opened in Denver, Colorado.

Food with integrity: Food with integrity is Chipotle’s commitment to finding the very best ingredients raised with respect for the animals, the environment and the farmers.

Comparison: As mentioned in my first Social Media Monitoring paper, the key competitors of Chipotle are Qdoba Restaurant Corporation, Taco Bell Corp. I compared Chipotle with Qdoba restaurant on Social Mention. I found that Chipotle has a lot more Reach, Strength, equal in Sentiment and less in passion when compared to Qdoba restaurant. Chipotle has more number of active participants and also is more active by itself on social media when compared to Qdoba.

This isn’t necessarily because Qdoba isn’t being mentioned, but Chipotle has been around a lot longer, extremely well-known and reasonable and affordable among common people, and has a significant amount of more finances for marketing, therefore a much larger reach and audience.

I also compared the two restaurants on Icerocket as well. I found that Qdoba’s blog participation is in no comparison with Chipotle’s blog participation as Chipotle is really active on Social media.

As we see in the above graphs, Qdoba has had a good amount of participation during March 13th and March 27th and during March 20th the response has been fair too. Chipotle’s participation has been moderate between March 6th and March 15th and also between March 25th and April 3rd. The blog participation has been immensely high and active during March 20th. In comparison with Qdoba, Chipotle is more active and popular on Social media blogging. Between March 6th and April 3rd Chipotle has had a blog trend of 151.93 posts per day and a total of 4,558 posts in this period, whereas Qdoba has had only 2.47 posts per day and a total of 74 posts between March 6th and April 3rd. Therefore, Chipotle is much more active on Social Media!

The last place I compared the two restaurants was on Facebook. As I mentioned in my first report, Chipotle doesn’t use Facebook as a major part of the company’s marketing strategy. The company has its own page on Facebook. For the purposes of this report, I compared Chipotle company page with Qdoba company page. Both the companies have a similar style of interacting with their fans. Both the companies are in constant contact with their fans on Facebook, they respond, answer to their fans. They also keep their fans updated.

Chipotle on Facebook