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Boost Juice Essay

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A. Introduction of company
Founded by Janine Allis, formed in the 00s with the first store based in Adelaide, South Australia and specializing in selling fruit juices and smoothies, Boost Juice Bars (Boost Juice, n.d.). According to Boost Juice (n.d.), Boost Juice offers an array of healthy products mainly juices and smoothies that are free of preservatives, artificial flavours, and colours. Besides, Boost Juice also sells a range of healthy snacks which includes wraps, fresh yogurt, muesli bars and soups (Boost Juice, n.d.). Back in 1999, Janine Allis took a trip to the United States and something caught her eye (Boost Juice, n.d.). Everyone in the U.S. was into healthy smoothies and fresh juices -while in Australia, the fast food market was …show more content…

the Asian financial crisis in the late 1990s or on a global scale e.g. the global financial crisis in the late 2000s (Employment, 2018). The main features of an economic downturn include rising unemployment, falling share and house prices, low consumer confidence and declining investment (Employment, 2018). If China is facing an economic downturn, the Chinese citizens (consumers) will be less likely to buy Boost Juice’s products even if the prices are marked down which will cause a decrease in sales and profit of Boost Juice. The consumer’s income will also decrease which effects the discretionary income of the consumer. Discretionary income is what remains after expenses for basics such as food, clothing, shelter, utilities and prior commitments such as school fees and loans are deducted from the disposable income (what is discretionary income? definition and meaning, n.d.). Even if they have discretionary income, they wouldn’t spend much on products as they are not confident with the economy as it is unstable. Boost Juice’s sales and profits will decrease if China faces an economic

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