...Marketing Environment and Target Market Following the American Psychological Association’s Guidelines Mariana Freitas Ivy Tech Community College Logansport Campus Marketing Project - Coffee Shop and Internet Cafe Marketing Environment Analysis Competitive Forces Fran’s Coffee Shop is located in Logansport. The business operates in a monopolistic competition; it has a considerable amount of competitors and it focuses on distinguishing its product and service from the other coffee shops in town. Fran’s Coffee Shop’s main competitor is Boardwalk Cafe, which was founded in 1992 by Joe and Bryon Stephens and their parents. Some others owned the business throughout the years until it closed in 2013. Boardwalk Cafe reopened in May of 2014 under new ownership of Patricia Rozzi. Even though the building was completely renewed, the recipes remained the same. The menu is composed of a list of grinders, salads, pizza, and nachos that were instituted by the Stephens family in 1990s (Einselen). Although both businesses have some characteristics in common, there are distinctive differences between the two. Boardwalk Cafe does not offer free Wi-Fi or delivery service to the customers. Boardwalk Cafe does not have a Web page or Facebook page. The business advertisement is done on the city’s newspaper and sometimes the radio. Boardwalk Cafe trusts their loyal customers to promote their business through word of mouth. Boardwalk Cafe has been a part of Logansport for over two decades...
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...potential coffee shop at Kelana Jaya, Petaling Jaya. While the plan provides an extensive look into the feasibility studies of such an endeavour, we recognize that further research may be required before undertaking this business. We have provided all the financials including the balance sheet, income statement and cash flow statements. However, our research shows that the starting and sustaining of a coffee shop in the KJ area is viable, given the incredible demand for a community-oriented coffee destination. Asbek Coffee House is committed to providing quality coffee and related products in a relaxing community-based atmosphere. The shop will serve assorted drinks and baked goods in an environment conducive to business meetings and casual rendezvous alike. By serving a narrow product line, Asbek Coffee House will minimize the start-up and operating costs required and increase the likelihood of survival and sustainability. With a community focus, Asbek Coffee House will attract and retain consumers from the KJ who seek a gathering place in addition to quality coffee. 1.2 COMPANY SUMMARY Asbek Coffee House is a coffee shop that provides the KJ area coffee and food, a tranquil environment, and a step toward new development in the community. With the area in desperate need of new development, Asbek Coffee House was created with the intent to create a place for the KJ community to gather and enjoy coffee. In order to start the business, seeking out student and local organizations...
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...www.FASTBusinessPlans.com BUSINESS PLAN (CAFÉ BUSINESS PLAN) THE RUSSET CUP 13351 MISSION STREET (OVERLAND PARK, KS) (DATE) Use and Reprint Rights for Your FAST Business Plan Template This template has been written to include instructions for creating your final business plan. You are free to edit and use the material within your organization. However, please do not distribute this template online or elsewhere publically without explicit permission from us. www.FASTBusinessPlans.com Café Business Plan Template TABLE OF CONTENTS 1.0 Executive Summary ................................................................................................................ 4 1.1 1.2 1.3 1.4 Business Objectives .....................................................................................................................................4 Mission Statement ........................................................................................................................................4 Guiding Principles ........................................................................................................................................4 Keys to Success ............................................................................................................................................5 2.0 2.1 2.2 2.3 2.4 Company Description ........................................................................................................ 5 Ownership ...
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...Madmug Coffee Business Plan General Company Description So, picture walking into a coffeehouse that is full of taste, full of warmth, full of belongingness, and full of passion. A place that not only offers your favorite drinks, but a place that offers you something to look forward to. When you walk into the coffeehouse you are inspired by the opportunities that are to come. As you order your special drink you feel welcomed and are aware that you are exactly where you are supposed to be. If you are in need of a study break, a study place, or meeting up with an old friend, this is exactly where you belong. So stop in for a bit or stay for a while. Madmug is where you will find your peace. Madmug Mission: To use our cup of coffee to motivate individuals to become better than they were when they woke, to inspire with friendship, enthusiasm, and creativity. We want to be the coffeehouse that takes individuals beyond just coffee. Madmug values: We aspire to create a culture of warmth and belonging, where everyone is welcome. We promise to deliver our very best in all we do, holding ourselves accountable for results. Within every cup we promise to satisfy your needs at that very moment. Madmug coffee is 100% committed to buying, roasting, retailing, and wholesaling specialty coffees. We believe that, to do this, we must build strong relationships with all of the people who are involved in bringing coffees to our roasters. We will respect and foster those relationships...
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...The primary strength of the Hot Tea and Coffee is it is a locally established business. The consumers are local neighbors, military, along with the people that support the base and the students going to college. We can get to know them while greeting them as they visit the establishment and cater to their needs. The people have to be more than a number to the business. We can respond to the customer because we offer samples to see which products will generate more revenue. The staff will have continual training on tea and coffee to be able to recommend drinks based on the wants of the handling sales with strong knowledge of current products. Our decor will be relaxed but professional and represents the area. The low start-up costs and high profitability make the shop a good. The location that has easy access and plenty of parking. The primary problem in competition is from major brands. People tend to go with a known before they take a chance on a new product. We will have to make the business unique enough to overcome the desire to go with the flow. The other problem is there are other local shops that we have to compete against that also tout the same. The hardest thing is to make sure that one's ego does not make the shop a has been by forgetting what made it a success. The last would be the unknown economy and the recession possibility. The worst weakness would be not having a dependable source for the quality coffee and tea, the uses www.coffeebean.com to order online...
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...completed anytime a change is made internally or externally that can impact the business and is recommended for review of your business every 6 months (Shouldis, 2012).. The Java Culture coffee has completed their business plan for a new coffee shop in a prime location near University of Oregon. They are looking to provide a comfortable and relaxing shop for customers to enjoy coffee with friends while providing excellent customer service. The owners have secured their financing, determined their budget for employees and the day to day needs of the business, lease, and forecasted sales based off the market for the first year. Now the owners will need to complete a SWOT analysis to determine any unseen risks or assets to their business that might be impacting to their success. A SWOT analysis will start with the strengths in the business. In reviewing the business plan for the Java Culture coffee shop they have many strengths in this new business venture. The first being the prime location they have selected near the University. With the shop being within walking distance of the University this will draw a lot of walk in business with students and other businesses in the area. They also have decided to add extra options to the menu including pastries, sandwiches, salads, and coffee beans, which can...
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... a dark brown colored bean coffee strikes us instantly. Tim Horton broadly caters hot beverages and fast food items for its valued customers. But still coffee and donuts are its bull eyes. It has built its place in consumers mind and heart through its premier products i.e. coffee and donuts. With the passage of time and changing trends globally, it has expended its business into baking, catering and fast dinning to enhance its presence strongly and increase market share. As a result, Tim Hortons has impressively implemented the idea of “different but unique experiences under one roof. While doing so, it has evolved its vision and mission statement without ignoring its loyal consumers which are the important stakeholders as it still strongly associates o itself to its premier products. Karachi: Pakistan is an emerging market for coffee players. It has most of the things to attract brands like Tim Hortons to Pakistan. Country with sixth most populous nation, middle class is expanding, youth rate in population is one of the highest in the world, people are embracing western lifestyle, and buying power is improving. Therefore, Pakistan is a good market to jump into and grow international presence. Karachi, being the biggest metropolitan of Pakistan, provides perfect platform to launch Tim Hortons in the country. It has already established the taste for coffee and philosophy behind the model of cafes and coffee shops as espresso being the first coffee bar in the country was set up...
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...of 12–15 hour workdays, 6 days a week. Jane had grown up in Collegetown and graduated from the local university there, majoring in engineering with a minor in business. After graduation, she worked at Hewlett-Packard and Apple Computer in the 70s and 80s. Like many of the technology workers of that era, she soon forged out on her own, starting several companies, failing at two, but hitting on a successful formula with her third venture—handheld computing devices for hospital applications. In 1995, she took her company public and eventually sold the company before the high tech bubble burst. Soon thereafter, she was a founding partner of a successful venture capital firm, but now she is ready to return to her roots and slow down a bit. However, she wants to share her success in a unique way, by helping college students learn about business by operating their own company. Select student teams will receive a $25,000 start-up loan at 10% interest to manage their own coffee shop for a year as an independent study for credit. Jane is confident that teams will have no trouble paying back the entire loan with interest by the end of the year. Overview Jane studied various locations and found a good potential storefront on Main Street, not far from the business school and on the downtown pedestrian mall. There are a number of retail establishments nearby such as restaurants, clothing shops, as well as service businesses. The retail space available contains 1000 sq. feet with glass frontage...
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...background of the Old Town White Coffee and its performance record. Old Town at a glance. The group’s history traces back to the incorporation of White Café in 1999 when its co-founders, Mr Goh Ching Mun and Mr Tan Say Yap, formulated their own blend of 3-in-1 instant white coffee. The duo commercialized the coffee product that year with the “OLDTOWN” brand name and began exporting it to Singapore the following year. Subsequently, the company diversified into instant milk tea mixes, instant chocolate beverages and roasted coffee powder. In 2005, it decided to expand vertically into the food services industry by opening a chain of cafés encapsulating the traditional Ipoh coffee shop setting and ambience. This expansion into food services has met with success because Old town is today a regional food services company with cafés in Malaysia, Singapore, Indonesia and China. Beverage manufacturer with extensive café network. Old Town’s own manufactured products - the 3-in-1 coffee mixes and instant tea mixes, and “NANYANG” roasted coffee powder - are marketed to the retail segment under the “OLDTOWN” brand name. The beverages in the FMCG business that it produces in-house are sold in more than 7,768 retail outlets in Malaysia, 752 in Singapore, 2,870 retail outlets in Hong Kong, as well as in other countries. Meanwhile, the group’s café outlets under the retail segment operate under the brand name “OLDTOWN WHITE COFFEE” and “OLDTOWN WHITE COFFEE SIGNATURE” for the premium segment...
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...satiate customers thirst for high quality coffee with the touch of friendliness in its environment. Starbucks mission statement “To inspire and nurture the human spirit- one person, one cup, and one neighborhood at a time” also shows its commitment towards total customer experience rather than only a material taste of the coffee (Starbucks 2013). Throughout this whole report I tried to find out influence of consumers behavior over the activities of Starbucks. As the normal process of expansion Starbucks has expanded towards the South Asian region. On the basis of this initiative I assumed Starbucks would go further and invest in Bangladesh. And tried to analyze consumers’ behavior of Bangladesh and show its macro and micro factors’ influences over Starbucks present marketing practices. Starbucks SWOT analysis “SWOT analysis pursues and integrated approach that includes key variables from company and environment. The objective is the confrontation of the company’s internal strengths and its weaknesses, as well as, company-external business opportunities and threats in order to generate possible strategic options.” (Bohm, 2009, p.1) The SWOT analysis of Starbucks can be illustrated in the following ways: [pic] Strengths: 1. Starbucks has always boasted of its high quality coffee beans. Though there are some controversies over its coffee sourcing, Starbucks has a good bunch of loyal...
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...Biggby Coffee Marketing Plan Proposed by: Olivia Daley Submitted to: Devry University Date: 1/22/2014 Five Year Marketing Plan Table of Contents 1. Executive Summary 2. Company Description 3. Strategic Focus & Plan 4. Situation Analysis 5. Market-Product Focus 6. Marketing Program 7. Financial Data & Projections 8. Organizational Structure 9. Implementation 10. Evaluation & Control 11. Bibliography Biggby Coffee 1. Executive Summary Biggby Coffee Shop is a unique middle of the road coffee shop that provides made to order coffee drinks for the casual coffee drinker to the serious coffee connoisseur. Its headquarters are based out of Lansing, Michigan and the company has been in business for over 15 years. They franchise their coffee shops to Sole Proprietorships’ and or L.L.C’s. Biggby Coffee offers a middle of the road price point for coffee consumers in that it is more expensive than McDonald’s , but less than Starbucks. My Biggby Shop will be formed under an L.L.C. and will be based in Columbus, Oh. Columbus currently has either lower end chain coffee shops or higher end chain coffee shops. It will be located in an area of town that currently has no coffee shop presence which is the northeast side. It has an untapped market of early adopters, college age and business people. The average salary range for this area is $40,000 per year, which...
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...Hawaiian coffee is known worldwide as being some of the best. So when you’re on Oahu, you should accept nothing less than strong, smooth brews. Fortunately, Honolulu and surrounding regions boast charming neighborhood coffee shops that offer essential caffeine jolts, tasty treats, and community-oriented atmospheres that make cafes feel like home. Here are the five best coffee shops on Oahu: Morning Glass Cafe: Morning Glass Coffee not only offers bold and delicious Hawaiian coffee (sourced locally, roasted in-house daily), the Manoa coffee shop has a menu chock-full of of local fare. They get their meats from regional farms, tomatoes from the Big Island, honey from Oahu, and leafy greens and bananas from the North Shore in order to present...
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...internationally known coffee shop that started in Seattle, Washington. Starbucks’ first international coffeehouse opened in Tokyo back in 1996, and it has grown in popularity in 59 additional countries. Since Hawaii is the only state in America able to grow coffee beans (The Huffington Post, 2013), Starbucks relies heavily on fair trade coffee beans to fulfill the coffee cravings millions of people have every day. Fair trade ensures the coffee beans are grown and harvested by international employees who responsibly grown and ethically trade beans. By 2015, Starbucks wants to ensure 100% of their coffee is ethically sourced, an increase from 86% in 2011 (Starbucks, n.d.). Europe is one the 60 countries Starbucks operates in, and is the number one coffee consuming country (Ferdman, 2014). As an international company, Starbucks must follow trade practices and agreements for every country it resides in. Starbucks has several coffee shops in Europe, but the stores fail miserably compared to those in America and Asia. The coffee shop culture in Europe is extremely different. Americans commonly use coffee shops as a place to access the internet, business, or quickly grab a drink before work. Most of Starbuck’s profits come from grab-and-go customers (Alderman, 2012). Europeans use coffee shops as a place to relax and socialize. Coffee shops in Europe are usually up-scale establishments where people can relax. European Starbucks are attempting to appeal to the taste of locals after realizing...
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...1.1 Produce a profile of a selected small business identifying its strengths and weakness. Introduction Caffè Finix Coffee shop is a local coffee shop in Stratford . Near the Stratford college and WestfieldShopping Centre. Caffè Finix Coffee shop Opened in 2009.Caffè Finix coffee shop is a famous daily necessity for local coffee addicts, a place to dream of as you tryto escape the daily stresses of life and just a comfortable place to meet your friends or to read a book, all inone. The shop owner is MrKhan. The shop is operate in a 1500 square foot shop within a walking distancefrom the Stratford college. The coffee shop start up fund £ 25000. Their employees 7, all are part time worker. Caffè Finix coffee shop provide coffee, tea and breakfast. SWOT Analysis: SWOT is the first stage of planning and helps decision makers to focus on key issues. SWOTmethod is a key tool for company to officials to formulate strategic plan. SWOT standsfor Strengths, Weaknesses, Opportunities, and Threats. SWOT model analysis factors that areinternal to the business and also factors that affect the company from outside. Strengths andWeaknesses in the SWOT matrix are internal factors. Opportunities and Threats are externalfactors. SWOT is the very popular tool in marketing because it is quick, easy and intuitive.SWOT analysis provides information that is helpful in matching in the firm’s resourceand capabilities to the competitive environment in which it operates Strength: Strengths...
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...Costa Coffee Analysis and Strategy – “The Sister Project” Contents 1. Introduction 4 2. External Analysis 4 2.1. Customer Analysis 4 Target Age Groups 4 Key Areas 5 2.2. Competitor Analysis 5 2.2.1. Direct Competitors: Leading coffee shop brands 6 Market Route 6 Independent Coffee Houses 7 2.2.2. Indirect Competitors 7 2.2.3. Key growth areas 8 2.3. Market Analysis 9 The market 9 Awareness of the market 9 Market drivers 9 Market barriers 10 Goods and services 10 Suppliers 10 Customers 10 SWOT analysis 10 Market Trends 11 Market Opportunities 12 2.4. Environmental Analysis 12 2.4.1. PESTEL Analysis 12 3. Internal Analysis 14 3.1 Strategies and Objectives 14 3.2. Brand Analysis 15 3.3. Business Portfolio Analysis – Services 16 3.4. Brand performance 17 3.5. Marketing and Communications 17 4. Key issues 18 4.1. Brand image 18 4.2. Differentiation 18 4.3. Clarity of message 19 5. Strategic positioning 19 “The Sister Project” 19 6. Bibliography 20 1. Introduction Costa is Britain’s leading coffee chain in a highly competitive and growing market. Despite a tough economic environment in Britain, the brand has managed to continue rapid expansion at home and in emerging economies abroad. The brand focus on the core product has been matched with portfolio expansion into new service areas. This report analyses Costa’s relationship to the existing coffee market, in order to look at some of the key...
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