Professional Documents
Culture Documents
SWOT
* S (STRENGTHS):
- Good business location, where is a suitable place for customers to
study
- The price is suitable for students
- The staff is enthusiastic and friendly when guiding customers to the
coffee shop for the first time
- Good product quality and service, it would create a positive image for the
customers. If we keep on providing the same quality service every day, the
number of customers keeps on multiplying.
* W (WEAKNESSES)
- The area of the cafe is still small and cramped
- Brand awareness is unknown compared to competitors
- The investment capital is not enough to expand the shop.
* O (OPPORTUNITIES)
- Increasing customer demand
- Open a workshop or event, we should offer rewards and discounts to
regular customers (nhiều deals cho khách hàng) for everyone to
participate in
- INCREASE MORE PRODUCT LINE: we can increase the product line by
offering some cookies, snacks, cakes, and other similar items to your
customers along with Coffee.
* T (THREATS)
- Competition rate increased: Sometimes competitors lower the prices
of the product to attract the market
- The Low Price of Competitors: Sometimes competitors lower the prices of
the product to attract the market. It’s a loss for your business either way if you
lower it or not.
- Price Sensitive Market: Coffee is such a product that you can’t raise the
price at a certain limit, people would stop coming to your shop for coffee at
being too expensive.