Table of Contents
I. Executive Summary
II. Study Background
a. Brief History
b. Mission/Vision
III. Market Analysis
a. Target Customer
b. Types/Propose Customer Services
c. Supplies
d. Competition
IV. SWOT Analysis
V. Market Objectives
VI. Marketing Strategies/Tactical Implementation
a. Product/Service Strategy
b. Brand Positioning
VII. Marketing Budget/Financial Project
VIII. Feedback & Control
BUSINESS PROPONENTS
___________________________________________________________________________
THE PROPONENTS
Maureen Ollamina Marges
She was born on December 21, 2005. Resident of Medina
Magallanes Cavite. The 3rd Daughter of Michelle O. Marges and Orlando A.
Marges. Currently studying at Kurios Christian Colleges Foundation taking
Accountancy, Business, and Management. She wants to pursue a BS in
Accounting shortly.
Email: margesmaureen2@gmail.com
John Lourick V. Escorido
He is the 1st son of Roderick P. Escorido and Avellou V. Escorido. He
was born on October 06, 2006. Resident in Bendita 1, Magallanes Cavite.
He is currently studying at Kurios Christian Colleges Foundation, taking
Accountancy, Business, and Management. He wants to pursue a BS in
Information Technology in the near future.
Email: lourickescorido@gmail.com
Facebook: Lourick Escorido
I. EXECUTIVE SUMMARY
In an era of technological innovation and shifting market dynamics,
our coffee bean farming business is strategically positioned to excel in
supplying premium coffee beans to meet the demands of discerning
consumers worldwide.
With a steadfast commitment to leveraging cutting-edge
technologies, we aim to revolutionize the coffee supply chain from farm to
cup. Through precision agriculture and smart farming solutions, we
optimize crop management practices to enhance yield, quality, and
sustainability. By integrating advanced technologies such as GPS
mapping, drones, and sensors, we monitor soil conditions, irrigation levels,
and plant health in real time, ensuring optimal growing conditions and
maximizing productivity.
Our dedication to innovation extends to biotechnology and genetic
engineering, where we develop resilient coffee plant varieties tailored to
specific growing conditions. By harnessing data analytics and predictive
modeling, we gain valuable insights into weather patterns, soil
composition, and crop performance, enabling proactive decision-making
and risk management strategies. Moreover, our commitment to
transparency and traceability is upheld through blockchain technology,
providing consumers with confidence in the ethical sourcing and premium
quality of our coffee beans. Through mobile applications and online
platforms, we offer convenient purchasing options and personalized
experiences, strengthening customer relationships and driving brand
loyalty.
Furthermore, our focus on efficiency and scalability is underscored
by the integration of artificial intelligence and machine learning
algorithms, optimizing operational processes and enhancing farm
productivity. Through robotics and automation, we streamline tasks such
as planting, harvesting, and processing, reducing labor costs and ensuring
consistent product quality at scale.
In conclusion, our coffee bean farming business is poised to lead the
way in supplying premium coffee beans to meet the evolving demands of
global markets. By embracing technological innovation, sustainability, and
customer-centricity, we are well-positioned for sustained growth,
profitability, and success in the competitive coffee industry.
II. STUDY BACKGROUND
A. Brief History of the company
Our journey into coffee bean farming began amidst academic
struggles, as my friend and I sought a solution to our constant fatigue and
inefficiency. Inspired by our love for coffee, we decided to elevate our
passion by venturing into the world of coffee bean farming. Funding our
business proved to be a significant hurdle, but we were undeterred.
Drawing on our savings from stock trading and income from other part-
time work, we pooled together our resources to finance the initial setup
costs of our coffee bean farm. This risky move reflected our unwavering
belief in the potential of our business idea and our willingness to take a
leap of faith.
Despite encountering numerous challenges along the way, including
logistical hurdles and steep learning curves, we remained steadfast in our
pursuit of success. My partner, Maureen, took charge of customer
acquisition and bean sourcing, leveraging her multitasking skills and
determination to drive our business forward. Meanwhile, I focused on
operational aspects, ensuring timely delivery of beans to our customers.
Rain or shine, we persisted, drawing strength from each other and our
shared vision of a brighter future.
Today, we stand as a testament to the power of perseverance and
the transformative potential of chasing one's dreams. Our once-small
venture has blossomed into one of the largest suppliers of coffee beans
worldwide. Despite the challenges we faced, our commitment to
innovation and creativity in coffee bean farming remains unwavering. With
each new day, we embrace the opportunities that lie ahead, fuelled by our
determination to make a difference in the world of coffee.
Our logo represents the beans as a
technological advancement as they grow
steadfast and consistent whether the climate is harsh or not ideal. It also
represents the innovations and more efficient techniques that we use in
planting our coffee beans making it a sure growth for our business. The
yin and yang in our logo represent the balance in the eco-friendly aspect
of our business while keeping the industrial innovation's damage to a
minimum while outweighing the benefits for the environment. Thus,
making it a balanced ecosystem for the business which mitigates the
healthy environment. The high-quality sign at our logo represents the
business's motto to give only the best quality for our customers' cups and
tastes. Ensuring that you have a quality and delightful moment drinking
coffee. Our 'EXPRESSO BEANS' is a combination of 'Express' and 'Espresso'
meaning that our delivery form farm, packaging, and quality is top-notch
to our customers' cup. Thus, 'EXPRESSO BEANS'. The green leaves
represent our refreshing packaging and quality-grade organic packaging
styles so you can just throw the used package on the ground and it will
serve as a fertilizer to the environment.
Our tagline, "EXPRESSO BEANS, Coffee at its FINEST," indicates the
highest quality of coffee beans made possible with our innovative facilities
and farming techniques. It encapsulates our dedication to excellence and
commitment to delivering the finest coffee experience to our customers.
B. Mission and Vision
Mission: “Innovating coffee farming sustainably with passion for quality.”
Vision: “Leading with sustainable innovation for a flavorful future.”
III. MARKET ANALYSIS
A. TARGET CUSTOMER
In the world of coffee bean farming, knowing our customers is
crucial for our success. Let's explore the diverse groups of customers we'll
be serving:
Coffee Lovers: These individuals truly appreciate a good cup of coffee
and are willing to pay for quality beans with unique flavors. We aim to
cater to their tastes and provide them with exceptional coffee beans.
Local Coffee Shops and Cafés: These establishments rely on a
consistent supply of high-quality coffee beans to keep their customers
satisfied. By fostering strong relationships with them, we can ensure
steady sales and increase our presence within the community.
Grocery Stores and Markets: Many customers encounter our beans for
the first time in their local grocery stores or markets. It's important to
make our beans stand out on the shelves and offer great value to attract
buyers.
Online Shoppers: With the increasing popularity of online shopping,
more people are buying their coffee beans online. We need to establish a
strong online presence and provide a seamless shopping experience to
capture this market.
Businesses and Offices: Workplaces often provide coffee for their
employees and visitors, presenting an opportunity for bulk bean sales.
Offering reliable, high-quality beans at competitive prices is essential to
securing business customers.
By understanding the needs and preferences of each customer
group, we can tailor our marketing and sales strategies to effectively
engage with them. Building lasting relationships and delivering
exceptional service will be key to our success in the competitive coffee
bean farming industry.
In conclusion, understanding our customers is fundamental to our
success in coffee bean farming. By meeting their needs and preferences,
we can cultivate a loyal customer base and ensure the long-term viability
of our business.
B. TYPES/PROPOSE CUSTOMER SERVICES
At our company, we take pride in offering unique experiences to our
investors, schools, and other interested parties who visit our coffee bean
farm. We understand the value of building strong relationships with our
stakeholders, and our farm tours are designed to showcase the essence of
our business while providing a memorable and educational experience.
When investors or schools express interest in visiting our farm, we
go above and beyond to ensure that their experience exceeds
expectations. From the moment they arrive, they are greeted with warm
hospitality and guided through our picturesque farm. Our knowledgeable
guides provide insightful commentary, sharing the rich history and
intricate processes involved in coffee bean farming.
As our guests wander through the lush greenery of our farm, they
have the opportunity to witness firsthand the care and dedication that
goes into cultivating our coffee beans. We take pride in our eco-friendly
practices, and our guests are impressed by our commitment to
sustainability and environmental stewardship. They learn about our
innovative farming techniques, including organic fertilization methods and
water conservation initiatives, which contribute to the exceptional quality
of our beans.
The highlight of the tour is a visit to our state-of-the-art factory,
where the magic happens. Here, guests are given a behind-the-scenes
look at how we meticulously process, package, and deliver our premium
coffee beans. They witness the precision and care that goes into every
step of the production process, from sorting and roasting to packaging and
distribution.
Before bidding farewell, guests are treated to a tasting session of
our assorted coffee products, allowing them to savor the rich flavors and
aromas of our finest blends. As a token of appreciation for their visit, they
are gifted with samples of our top-quality beans, ensuring that the
experience lingers long after they have left our farm.
In essence, our farm tours are more than just a visit – they are an
immersive journey into the heart of our business. We strive to create
meaningful connections with our visitors, leaving them inspired and eager
to share their experiences with others. By providing a glimpse into the
world of coffee bean farming and offering a taste of our exceptional
products, we foster lasting relationships that are grounded in trust,
authenticity, and a shared love for coffee.
C. SUPPLIES
Our relationship with our suppliers is built on transparency and
effective communication. In the event of any shortages or losses of beans,
our suppliers promptly notify us, allowing us to take swift action to
address the situation. We prioritize maintaining open lines of
communication with our suppliers to ensure that we can address any
issues promptly and minimize disruptions to our operations.
In instances where we encounter shortages or losses of beans, we
have implemented contingency plans to mitigate the impact on our supply
chain. One such measure is our ability to supplement our bean supplies
through our farm operations. By leveraging our coffee farm, we can
produce additional batches of beans to replenish any shortfall, ensuring
that we can meet our production demands and fulfill customer orders
without delay.
Furthermore, our reliance on external suppliers extends beyond
beans to include essential supplies such as construction materials, heavy
machinery, solar panels, and fertilizers. While we strive to maintain robust
relationships with our suppliers to minimize the risk of shortages, we
recognize that unforeseen circumstances may arise. In the event of
shortages in these crucial supplies, we have established alternative
sourcing channels to mitigate any potential disruptions to our operations.
One critical aspect of our supply chain management is our approach
to fertilizers. We prioritize the use of natural and recycled fertilizers
sourced directly from our coffee farm whenever possible. These fertilizers
are not only environmentally sustainable but also contribute to the health
and vitality of our crops. However, in the event of shortages in our natural
and recycled fertilizers, we maintain contingency plans to procure
alternative fertilizers from external sources to ensure the continued health
and productivity of our coffee plants.
By proactively managing our supply chain and implementing robust
contingency plans, we strive to maintain operational resilience and ensure
the uninterrupted flow of supplies to support our coffee bean farming
operations. Our commitment to effective communication, strategic
planning, and proactive problem-solving enables us to navigate
challenges and sustainably meet the needs of our customers and
stakeholders.
D. COMPETITION
In the competitive world of coffee bean farming, staying ahead of the
game is crucial.
Understanding Our Competition
Local Coffee Farms: Other farms in our area grow coffee beans too. We
need to learn from their strengths and weaknesses to differentiate
ourselves.
Imported Coffee Brands: Big coffee brands from other countries also
sell their beans here. However, our locally grown beans offer freshness
and flavor that sets us apart.
Specialty Coffee Roasters: These roasters bring out unique flavors in
their beans. We can do the same with our beans, making them stand out.
Online Coffee Sellers: Some people prefer to buy their beans online. We
need to offer a great online experience to compete with them.
Strategies for Success
Make Our Beans Special: We must highlight the unique qualities of our
beans, such as their flavor profiles and sustainable farming practices.
Keep the Quality High: Ensuring that our beans are consistently high-
quality, from cultivation to packaging.
Connect with Customers: Build strong relationships with our customers,
listen to their feedback, and provide excellent customer service.
Reach New Markets: Explore opportunities to expand our reach, both
locally and online, to attract new customers.
Always Improve: Never be satisfied with our service. Continuously learn
and adapt to stay ahead of the competition and meet the evolving needs
of our customers.
By implementing these strategies and remaining vigilant in monitoring our
competition, we can strengthen our position in the market and ensure the
success of our coffee bean farming business.
IV. SWOT ANALYSIS
STRENGTHS
Quality: We focus on providing fresh, flavorful coffee beans that
customers love. This dedication has earned us a loyal following who
trust our brand and keep coming back for more.
Greatest asset: We have a dedicated and well-trained workforce
that ensures the quality and efficiency of our operations. Their hard
work and commitment drive our success.
Transparency: We communicate openly with investors, suppliers,
and other stakeholders, building trust and fostering collaboration.
Community involvement: By engaging with the local community,
we show our commitment to social responsibility and build positive
relationships with those around us.
WEAKNESSES
Expanding our reach is a challenge. While we have a strong
presence in our local market, reaching new customers in other areas
or online may be difficult.
We rely on external suppliers for resources. This dependence could
pose risks if there are disruptions in supply or changes in market
conditions.
Staying compliant with regulations requires constant attention. As
regulations evolve, ensuring compliance may become more
challenging and resource-intensive.
Our brand awareness may be limited compared to larger
competitors. Despite our efforts in media and public relations, we
may need to invest more in marketing to increase our visibility.
External factors such as weather conditions and pests can impact
our operations. As an agricultural business, we are vulnerable to
these factors, which may affect our crop yields and profitability.
OPPORTUNITIES
Rising Demand for Good Coffee: More people want to buy coffee
that tastes great and is good for the environment. That's a chance
for us to sell more of our high-quality coffee beans and earn more
money.
New Farming Tools: We have cool new tools to help us grow better
coffee. These tools let us take care of our crops in a smarter way, so
we can grow more coffee and keep our farm running well.
More Places to Sell Coffee: There are lots of places where people
love coffee but don't have access to our beans yet. By selling our
coffee in new places, we can make more money and grow our
business.
Being More Eco-Friendly: People care more about the
environment now. By using natural ways to grow our coffee and
being kind to the planet, we can make people like us more and buy
our coffee.
Using the Internet to Sell: We can sell our coffee online and use
social media to tell people about our farm. This helps us reach more
customers and sell more coffee without spending a lot of money on
advertising.
THREATS
Lots of Other Coffee Farms: Many other farms grow coffee like
us. If they sell their coffee for a cheaper price or people like their
coffee more, we might lose customers and make less money.
Bad Weather and Bugs: The weather can be bad, or bugs can eat
our coffee plants. This can make it hard to grow enough coffee
beans, which means we might not have enough to sell and make
money.
Rules and Regulations: The government makes new rules that we
have to follow on our farm. These rules might cost us money or
make it harder to do business.
Problems with Getting Coffee to Customers: There are
problems with shipping our coffee to customers, like delays or
accidents. This can make it hard for us to sell our coffee and make
money.
People Want Different Coffee: People start to like different kinds
of coffee, and they might not want to buy our coffee anymore. If we
don't change what people like, we might lose customers and not
make as much money.
V. MARKET OBJECTIVES
In our coffee bean business, our market objectives guide our efforts
to grow and succeed while keeping our customers happy. We have a few
key goals in mind:
First, we want to reach more people. We're always looking for new
places to sell our coffee beans and share our products with more
customers. By spreading out to different areas, we hope to attract more
people to our brand.
Second, we want people to know who we are. We work hard to make
sure our brand stands out and that people recognize us for our quality and
service. By getting our name out there through advertising and marketing,
we hope to build a loyal following.
Third, we want to offer something special. Our goal is to have a wide
variety of coffee beans that cater to different tastes. We're always trying
new things and listening to what our customers want, so we can keep
them coming back for more.
Fourth, we want our customers to be happy. Customer satisfaction is
really important to us. We make sure to provide excellent customer
service and address any concerns promptly. By keeping our customers
satisfied, we hope to build long-term relationships and keep them coming
back for more.
Finally, we want to grow in a way that's good for the environment
and our communities. We're committed to sustainable practices and
supporting local communities wherever we can. By doing our part to take
care of the planet and give back to those around us, we hope to make a
positive impact as we continue to grow our business.
Overall, our market objectives are all about growing our business
while keeping our customers happy and doing good for the world around
us. With these goals in mind, we're excited to see where our coffee bean
journey takes us next.
VI. MARKETING STRATEGIES/TACTICAL IMPLEMENTATION
A. PRODUCT/SERVICE STRATEGY
In our coffee bean business, our product strategy revolves around
providing a diverse selection of premium coffee beans, including hybrid
varieties, to cater to a wide range of tastes and preferences. Here's how
we approach it:
Firstly, we offer an extensive range of coffee bean options, from
traditional single-origin beans to unique hybrid varieties. This variety
ensures that there's something for everyone, whether customers prefer a
classic brew or are looking to explore new and innovative flavors.
Secondly, we prioritize quality in everything we do. From sourcing
the finest beans to carefully processing and roasting them, we ensure that
each coffee bean maintains its freshness, flavor, and aroma. This
commitment to quality is evident in every cup of coffee brewed with our
beans.
Additionally, we embrace innovation by experimenting with hybrid
coffee bean varieties that combine the best characteristics of different
coffee plants. These hybrids offer distinctive flavor profiles and can
provide an exciting new experience for coffee enthusiasts.
Lastly, we pay close attention to branding and packaging to ensure
that our products stand out on the shelves and resonate with our
customers. By communicating the unique qualities and stories behind our
coffee beans, we aim to create a strong connection with consumers and
build brand loyalty.
In summary, our product strategy focuses on offering a diverse
selection of premium coffee beans, including hybrid varieties, while
maintaining a steadfast commitment to quality, innovation, and branding.
With these elements in place, we're dedicated to providing customers with
an exceptional coffee experience that keeps them coming back for more.
B. BRAND POSITIONING
In our brand positioning efforts, we carefully consider various
elements such as packaging, labeling, selling price, and advertising to
effectively communicate our brand identity and value proposition to
consumers. Here's how we approach each aspect:
Packaging: Our packaging design reflects our commitment to quality,
sustainability, and innovation. We opt for eco-friendly materials and eye-
catching designs that stand out on the shelves and convey the premium
nature of our products. It is organic, disposable, and serves as fertilizer to
the environment, aligning with our eco-friendly motto. The transparent
front and back offer a glimpse of the superior quality within, making it
suitable for display.
Labeling: Our product labels provide essential information about the
origin, flavor profile, and brewing recommendations of our coffee beans.
We strive for clarity and transparency in labeling to help consumers make
informed purchasing decisions. Additionally, we include guidance and
steps for brewing the coffee to bring out each uniquely hybrid and tasty
flavor, enhancing the consumer experience.
Selling Price: We position our products at a competitive yet premium
price point that reflects their quality and value. While our prices may be
higher than some competitors, we believe that the superior taste and
craftsmanship of our coffee beans justify the investment for discerning
consumers. However, we are unable to disclose our pricing at this stage
as it remains confidential as part of our business plan.
Advertising: Our advertising efforts focus on highlighting the unique
attributes of our brand and products, such as our diverse range of coffee
bean varieties, commitment to sustainability, and dedication to customer
satisfaction. We leverage various channels, including television, social
media platforms, and YouTube ads, to reach our target audience
effectively. The brand endorsers of our business a successful artists and
famous influencers across different age groups. These endorsers help
amplify our brand message and credibility, lending their authority and
appeal to our products.
VII. MARKETING BUDGET/FINANCIAL PROJECT
Land P 1,500,000
Construction supplies P950,000,
Labor Cost P1,350,000
Tractor P800,000
Service Vehicle P490,000
Solar Panel P735,000
Solar-powered irrigation pump P40,000
Coffee Seedlings P2,100
Salaries Expense (per month) P23,000
Repair and Maintenance P250,000
Advertising Expense P35,000
VIII. FEEDBACK & CONTROL
FEEDBACK
We create a social media account like Facebook, Twitter, and
Instagram for our business so we can monitor their feedback and
responses about our product.
We pay attention to their comments, reviews, and direct message
from them to acknowledge their experience with our service.
Engaging with our customers helps us to know if they are satisfied
with our service and product.
CONTROL
Implement effective inventory management practices to minimize
wastage and prevent stockouts.
Monitoring the employee's work hours and equipment performance
helps us to minimize the shortage of our business.
Conduct regular financial reviews and analysis so we can track the
revenues expenses, profit, and cash flow.
We train our staff to properly handle their assigned job.
Regularly inspect the coffee beans to ensure their flavor, aroma, and
appearance.