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"BES TEA" Mid Premium Tea Shop
"BES TEA" Mid Premium Tea Shop
“ B E S T E A” m i d p r e m i u m Te a shop
OUR BIG IDEA
Your Shop’s mission is to become the
recognized leader in its target market for
providing an outstanding selection of premium
bagged Tea drinks.
AGENDA
2 Environmental Analysis
4 Positioning
3
BES
TEA
Budding Tea Store which aims to be Best in the country
Menu ranges from signature hot, cold teas to several exotic international tea, food,
desserts and pastries, exciting merchandise such as tea powders, coffee powders,
cookies, mugs, etc. is available at the outlet
7%
27%
9%
24% 13%
52% 48%
21%
34%
66%
Male Female Above 30 Above 19 16-19 20-24 25-30
Major chunk of customers falls within the age group of 20 to 30 which accounts for
57% of the overall percentage.
Demographic
environment
Economic Socio-Cultural
environment environment
6
SEGMENTATION
7
KEY TARGET AUDIENCE
Target Audience
Whom to Sell
8
WHICH SEGMENT LEVEL TO CHOOSE ?
Mass Marketing Same products to all customers
No Segmentation
9
STEPS FOR SEGMENTATION
10
DETERMINE MARKET BOUNDARIES
11
SEGMENTATION VARIABLES
Demographic Segmentation
Age Occupation Income
Psychographic Segmentation
Lifestyle
12
EFFECTIVE SEGMENTATION CRITERIA
Tea lovers
& their Being A wide Flavor A well
craving. available for spread of innovation designed
Our wide a “lazy varieties. with an rewards
range of Shopper” authentic program
Tea Proximity to touch
IT hubs.
13
DEVELOP A PROFILE OF EACH SEGMENT
middle
values
Value for
Indian
class
professionals
Healthy-ish
Educated, white
money
collar
professionals
customer
rvative
Conse
Lover
Taste
early adapters
Technology
class Lover
Best-of- tication
Authen
14
FACTOR ANALYSIS
No Attributes
Attributes
1 Proximity from IT hub & Colleges
2 Surprise gifts
3 Bistro kind of menu
4 Courtesy of Sales staff
5 Combo offers
6 Better parking facility
7 Good ambience
8 Free wi-fi
9 Greeters/engaging Children
10 Unique and innovative menu
11 Discounted sales
12 Attractive sales staff
13 User friendly billing & not time consuming
14 Range of price points
15
FACTOR ANALYSIS
No Attributes
• Proximity from IT
hub & Colleges
• Courtesy of Sales
1 Proximity from IT hub & Colleges • Better parking Staff
facility
• Good ambience
2 Surprise gifts • Free wi-fi
• Greeters/engaging
children
3 Bistro kind of menu • Attractive sales staff
• User friendly billing
4 Courtesy of Sales staff
5 Combo offers
6 Better parking facility
• Bistro kind of
7 Good ambience
menu
• Surprise gifts • Unique &
8 Free wi-fi • Combo offers innovative menu
• Discounted sales • Range of price Menu
Complete
9 Greeters/engaging Children points
10 Unique and innovative menu
Complete
11 Discounted sales Menu
17
PERCEPTION MAPPING
18
POSTIONING FOR BES TEA
19
POSITIONING STRATEGY
POSITIONING STRATEGY
20
EAT OUT / HANG OUT / CHILL OUT MARKET
Formal
Classy
Normal restaurants
Restaurants
A2B
Budget Premium
Star
hotels
Local
Shops
Normal 21
SWOT ANALYSIS
STRENGTHS WEAKNESS
• Youth and Fitness oriented
• Inexperienced Staff
Self-Produced tea • New to the market
Large outlets in IT hubs
Unique Services : Amazon Pick up &
dedicated mugs for privileged customers
Large varieties of tea
Pricing
SWOT
OPPORTUNITY THREAT
• There is a large youth % of tea • Local Tea vendors and nearby
preferring community In the IT zone CCDs
• A fast growing market segment • High maintenance charges
• Using actors to promote the store (Vijay
• Availability of premises for store
Deverkonda)
• Lack of similar competitors
22
COMPETITOR ANALYSIS
Market Share of
Share Costa Cofee; 14% mind
Star bucks; 12%
Costa Cofee Others CCD Barista Barista CCD Gloria Jeans Star bucks
23
COMPETITORS
Direct Competitors:
Barista
0.08
Café Coffee Day
Beyond Coffee 0.08
0.32
Gloria Jeans
Minerva Coffee Shop
Indirect Competitors:
McDonald
0.04
Dunkin Donuts
0.48
Global Competitors:
Star Bucks
Barista Minerva Coffee Shop Cafe coffee Day
Gloria Jeans Beyond Cofee
24
COMPETITORS
25
4P’S OF SERVICE MARKETING
26
PRODUCT
Core Product
Experience
Supplementary Services
Wide range
Merchandising
Ambience
Delivery
Pantohose Tea Hospitality
Price of the product
Home Delivery
27
PRODUCT
PRODUCT
Product Mix
Food and Beverage Width Non Food Items B2B
Food Beverage
Variety Tea Bulk/ Corporate
Deserts Herbal Tea Powder Orders
Tea Machine Catering
Snacks Spiced Tea Services
Product
Cups & Vending
Line
Cakes Tea Mugs Machines
Length
Shakes Chocolate
and
Sundaes cookies
Heavy FoodsFrappe Fruit Shakes
Apparel &
(in &
Accessorie
Lounges) Lemonades
s
28
PRICE
PRICE
29
PRICE
PRICE
IMAGININARYPRICING
– Pricing the product as Rs 60, 70, 80 etc. rather
than in the multiples of ten to give a feel that
the product less priced
COMBO PRICING
• Clubbing up two or more products on
special occasions
• Special offers on Combo packs
30
PRICE
PREMIUMS PRICING
– Adding things like cream, chocolate
sauce and positioning as a premium ice
teas
31
PLACE
PLACE
32
PLACE
PLACE
Strategically looking for outlets locating near CCD
Near IT parks
Kiosks in offices
Coffee machines in college canteens
33
PROMOTION
PROMOTION
34
PROMOTION
PROMOTION
35
WITH THE FOOD: SIDE MENU CARD
36
CONTESTS @ OUR SHOP
37
ON THE WALL
38
THANK YOU!
39