Black Canyon Coffee
TABLE OF CONTENTS
Sr. #
Particulars
Page #
1
Executive Summary
3
2
Introduction
4
3
SWOT Analysis of Black Canyon Coffee
4
4
Vision and Mission Statement of Black Canyon Coffee
6
5
Five Forces of Competition for Black Canyon Coffee
7
6
Core Competencies of Black Canyon Coffee
9
7
Balanced Score Card for Black Canyon Coffee
9
8
Future Strategy
11
9
Conclusion
11
10
References
13
EXECUTIVE SUMMARY Black Canyon Coffee is a growing business in the coffee industry of Thailand. It has business operations in the local market as well as international presence in various attractive markets of the world. The company has been facing certain challenges in implementing growth strategies for its domestic and international operations. In addition to the financial constraints in the way of international expansion, the company is also facing a stiff competition from international and local coffee brands. In order to encounter these challenges and move forward in the most profitable and competitive way, the company has to first analyze its internal and external business environment. The core competencies and strengths of Black Canyon Coffee can be used to overcome the weaknesses and avail the attractive opportunities from the industry.
The biggest strength of Black Canyon Coffee is its pricing strategy; BCC coffee is available at the lowest rate among all other coffee brands. It has greatly helped the company in targeting a large
The Starbucks former strategy was centered in offering a high quality product to a narrow consumer segment (coffee lovers), therefore, a
30 3.2.6. Five Forces Analysis ......................................................................................................................... 31 Diagram 3: Five Competitive Forces in the Coffee Industry .................................................................. 32 3.2.6.1. Threat of New Entrants .................................................................................................................. 32
Portola Coffee Lab first started as a Portola Handcrafted Coffee Roasters in Irvine in 2009 by Jeff Duggan. Jeff and his wife created Portola Coffee Lab in 2011 with the goal of creating 100% single-cup craft brew coffeehouse designed and constructed as a nod to craft, quality, and freshness. There are four locations currently operates in Costa Mesa, Tustin, Santa Ana, and Old Towne Orange, while Huntington Beach and Mission Viejo are under constructions.
Founded in 1985, Starbucks is one of the largest coffeehouse companies in the world with over 16,000 stores in 50 countries. This report evaluates major internal and external factors affecting Starbucks using various analytical techniques. Based on the Starbucks brand in UK, it identifies suitable marketing strategies for Starbucks to expand its business in the UK market within the next two years. In line with the chosen marketing strategies, recommendations for the marketing mix are discussed.
Starbucks Corporation, generally known, as Starbucks Coffee is the leading retailer and a brand of world’s forte coffee in the world, with more than 15,000 retail locations in North America, Latin America, Europe, the Middle East and the Pacific Rim, wherever in this world where premium quality coffee is in demand. Starbucks is the largest coffeehouse company in the world ahead of UK rival Costa Coffee, with 20737 stores in 63 countries and territories, including 11910 in the United States, 1496 in China, 1442 in Canada, 1052 in Japan and 772 in the United Kingdom. The first Starbucks was open in 1970. The name was inspired from Herman Melville’s Moby Dick, a definitive American novel regarding the 19th century whaling industry. The nautical name matches seamlessly for a store that imports the world’s finest coffees to the cold thirsty people of Seattle. In May 1998, Starbucks have finally successfully entered the European market through its acquirement of 65 Coffee Company stores initially originated from Seattle in the UK. Both companies shared a common culture, focusing on a great commitment to customized coffee, similar company values and a mutual respect.
The first thing I actually learned from the article “Coffee From California” was actually the fact that there are coffee plantations in California. As mentioned in the article, the production of coffee from that region is not an enormous as in other parts of the world, like Hawaii or Indonesia, but the quality of the Californian product is quite impressive. 91 out of 100 quality rating, indicates that the product is worth it’s price, which is anywhere from $8 to $12 dollars per cup. To use an example from my life, I love a cup of hot chocolate for cold mornings. Even though there is a coffee machine at my job, that can make the hot chocolate – for free, I choose to go to Dunkin Donuts in the morning to grab myself a cup of hot chocolate that
Java Culture, a coffee shop that serves the Oregon area of the United States, offers best tasting coffee beverages. The coffee shop makes use of high quality ingredients that are prepared under very strict guidelines. There are a number of business concepts that can be charted to be able to directly compete with the business; Java Culture. First, the business should offer premium quality coffee that is imported from the premium cocoa growing countries such as Brazil. The preparation process should follow the most pristine quality preparation guidelines thus ensuring that the products of firm are
Green Mountain Coffee Roasters, Inc. (GMCR) was founded in 1981 as a small café and combined with Keurig in 2006 (About GMCR, 2004-2009). GMCR produces specialty coffee and coffee makers; Keurig is the maker of a single cup coffee maker as well as specialty teas and coffees. Keurig was founded in 1998 on the concept that one should be able to make coffee one cup at a time rather than one pot at a time (Coffee.org, unknown). Today, GMCR has acquired and merged with several specialty coffee brewers and Keurig
Coffee is considered as being the most favorite hot beverage that is consumed within the United States. Coffee is consumed by over 60% of the U.S. population. The accessibility and expenses of coffee substitutes such as tea, cocoa, and coffee complements (sugar or creamer) in addition plays a major role in which sets the coffee prices. During the 1957-87 era, the cost of coffee had beyond tripled, the per capita of US consumption of coffee declined to 44.3%, and actual disposable personal earning expanded to 246%. With the reduction of per capita US coffee demand could have possibly been associated with the increasing expenses of coffee, modifications within the taste changes that were made due to dietary concerns and the variety of transformations
While the coffee bar market has obviously enjoyed strong growth some organizations can boast the financial performance of Caffè Nero. We believe that the group’s achievement base on main factors.
There are many sellers in the market heating up pricing competition. Competitors like McDonald’s, Dunkin Donuts, Peet’s Coffee and other specialty coffee companies incentivize price wars. Furthermore, coffee’s demand is elastic which makes it difficult to increase prices without greatly reducing the demand. This makes differentiation and positioning very important. Also, it is easy for customers to switch from coffee vendors. Whichever company is most convenient for the customer will likely win the business. Competition is a top priority in the industry.
In this paper, I will talk about Starbucks Company. I will define the influence of the vision, and mission of the company and primary stakeholders along with their overall success. An examination will be conducted to categorize five forces of struggle and their effect on the corporation. I will carry out a SWOT analysis to determine the opportunities, threats, strengths, and weaknesses. Founded on the SWOT analysis, a technique of opportunities and advantages will be exploited while threats and weaknesses will be diminished. Several types and levels of techniques will be talked over to operate the profitability and competitiveness. I will outline a plan of communication to make approaches known to all investors. Two corporate authorities will be designated to assess the efficiency of the regulating managers. I will also assess the effectiveness of management within the Company and come up with sanctions for upgrading.
Cameron’s Coffee was founded in 1978 by Jim Cameron and was later on purchased by Jim Kirkpatrick in 1999. The company specializes in ‘…premium flavored coffees, teas and powdered cocoa and cappuccino mixes (Petersen).’ Even though the coffee market is almost saturated, Cameron is looking to expand its operations not only in the United States, but in Europe and other continents. The company currently has a great advantage in this tight market, due to its dedication to quality. But in order to increase the probability for success, Cameron’s Coffee will need to expand its knowledge and involvement in technology and communication.
The success of Friend-Z 's, a regional based coffee house in the United States, is in its tenth year of business. The small business venture, which began as a cooperative college project, has grown into one of the best coffee houses on the college scene. Friend-Z 's success has sparked the interest of its partners to take their small business to the next level by expanding into the global market. Competing globally would allow Friend-Z 's Coffee House to take advantage of a larger customer base, opportunity to be a stronger competitor, and thrive in diverse environments. Friend-Z 's international business will increase their client base with every new opening. They are not restricted by location or tied a region with failing economics. Therefore, opening Friend-Z 's to the option of an online market. Friend-Z 's will be able to rise as a stronger competitor in the coffee market, especially in countries with fewer competitors. The presentation of the coffee house will be crucial for becoming comparable or communicating its uniqueness. Friend-Z 's existence in the global market opens up their business worldwide. This business move releases dependency on the local or regional market in the United States, reduces growth restraints, and allows movement from potential economic unrest. The advantages of Friend-Z 's beginning a global business are promising, but it would be wise to consider the possible negative factors before going global.
The purpose of this report was to analyze the internal and external environment of Di Bella Coffee in order to identify the brand´s strengths, weaknesses, opportunities and threats as well as evaluating the market situation and the brand´s strategic positioning.