Individual Assignment of International Marketing:
* Executive Summary:
The Coffee Bean and Tea Leaf is one of the trading companies of the largest coffee and tea in the world. We have over 850 stores in 23 countries. We always aim was to create the kind of the best coffee and tea to offer to consumers. We are proud to have raw materials are grown and processed according to the most stringent standards. Besides, we always have a team of managers and staffs are trained all the way. While there are some restrictions to business processes such as competitors, the external environmental factors, but we always try to maintain the brand is one of the famous coffee and tea on world.
* Introduction:
In 1963,
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Each of our employees is recruited and trained all the way (unknown, People First, 2010). In addition, to encourage people to try to work, we have awards for outstanding members of labor. We also guarantee that if you work hard, you will have opportunities for advancement. A large percentage of our General Managers started off as Baristas (unknown, Recognition, 2010). When working for us, the workers will have these benefits: Health and Financial Security, Medical, Insurance, Vacation … (unknown, Benefits, 2010).
Franchise Opportunities:
The company aims to expand business worldwide. Our company is franchising program. Franchising process are detailed instructions on our website (Unknown, Franchise Process, 2010). Franchising helps anyone wishing to do business and have a passion for coffee and tea has the opportunity to work with it. It is also an easy way to bring business profits for both partners. Currently, the company with 850 stores, the number of franchised outlets accounted for almost half, shows the success when you choose The Coffee Bean and Tea Leaf doing business ways.
Business strategy of the company:
For the concept of standardization, The Coffee Bean Tea Leaf you build a brand image consistent with the domestic market. By participating in another country, even though cultural differences may affect demand for products and services. But The Coffee Bean and Tea Leaf feel is most important adaptation. For example, when the Asian market, The Coffee
Independent cafes have joined the bandwagon in making coffee with more exotic beans and the perfectionism in the making cup of coffee. Most of the cafes owners are focused on coffee and they are looking for higher quality beans. Therefore, our company will sell coffee beans that meet their needs and this will be an opportunity to our company to start and expand our business.
Despite Peet’s Coffee and Tea being a corporate company, and the amount of stores it has produced, the goals and ambitions have not changed much. Coffee beans and tea’s are still the main focus of Peet’s and where they get most their revenue from. Bill Lilla, Peet’s executive vice president, said his company ensures quality through long-term relationships with growers, and by paying them more than the going rate. On the other hand, Starbucks Coffee insists their size has not affected quality, but it is hard to believe when their size is above and beyond the thousands. As the saying goes, too many cooks ruin the stew, and in this case, Starbucks would be the cooks, and its coffee and early aspirations are the
Starbucks is one of the leaders in coffee industry. Starbucks has entered into many new markets and today it has more than 16,000 outlets across the globe (Johnson, Scholes and Whittington 2011). Due to unlimited business opportunities, Starbucks Corp has set strategies to enter India as it is next major hub for development in near future. Previously Starbucks has gained wide success in China and Japan due to high consumption of coffee and tea. Since its inception, Starbucks has tapped the major markets across the world, India was left untapped. In India, Starbucks has setup alliances with TATA Global Beverages which is a unit of TATA Group of Companies. Starbucks along with TATA has started with an investment of $80 million and plans to open 50 coffee shops in a year. Currently few coffee shops has been setup by Starbucks, however in near future, it is expected that the company will achieve its target in capturing Indian market (Lamb2009). Thus, besides sourcing coffee beans from TATA, Starbucks can now explore more Asian markets (Hitt, Ireland and Hoskisson 2012).
Every human being having to start the morning with a cup of coffee or tea with hot and delicious breakfast, and mid-morning or afternoon. The great hot coffee or tea is sharing with family, friends and co-workers. Some people are like to drink coffees or teas as taste bold to medium and mild with any types of products. In 19th centuries to now, there are so many food businesses open in the market such as coffee stores, food restaurants, retail grocery stores and food industries. There are different country’s coffees or teas with flavors find in the coffee or cafe stores. The coffee businesses are open such as Starbucks coffee, Dunkin Donut, McDonald, Panera, Caribou café etc. All these coffee businesses have the own corporate stores,
In researching the coffee business, Shania is confronted with either to explore the few franchise opportunities, or sole proprietorship, partnership, corporation or LLC or even a joint venture.
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
The endurance and popularity of The Bean, as it is affectionately referred to by devotees, can be attributed to the high standards that were established from the beginning. From trend-setting drinks like the World Famous Ice Blended, to the employees who become a part of the communities they work in, The Coffee Bean & Tea Leaf ® has discovered the formula for a successful coffee and tea company.
Many multinational corporations in the coffee industry have succeeded tremendously such as Starbucks. Each of these corporations has strategies that helped them continue to expand to nations of different cultures, ethnicities, governmental practices, and locations.
Coffee is a global obsession. Coffee is the second most traded commodity on Earth, and is one of the most widely consumed beverages not only in the United States,
Fred & David’s success is achieved through a few factors which are internally and externally improved. These factors not only have increased the sales but also the reputation among the coffee lovers. Fred & David encounter aggressive competition in all area of its business activity. The market for each of their business segments are characterized by vigorous competition among major corporations with long established positions and a large number of new and rapidly growing firms. Fred & David have enough financial capacity with good strategy; it can overcome all the competitors to shine high as the first class coffee purveyor. Fred & David needs to remain themselves to be ethical company which bring 3 major
All the stores of The Coffee Bean & Tea Leaf were located at high traffic, high visibility locations in each market. The market entry strategies use by the coffee shop in managing their foreign franchisees when expanding into Asia including master franchising and company owned-stores. A master franchise is a person or entity that provides services to franchisees in a specified territory, typically a major market, geographical region or even one or more countries. The marketing approach is essential to gain a competitive advantage in the foreign market. The construct included market entry, site location, and market positioning. The reason
Based on past experience with Starbucks both as consumers, and undergraduate students studying about successful business, we predict that Starbucks will be a theory Y organization, that promotes empowerment within its entry-level staff. Our first impression of Starbucks when we enter a local store is simply that we are going to get a quality product. The staff always remains professional but appears to enjoy their jobs. You don’t see Starbucks employees being yelled at and it appears that all the staff is well trained and knows how to perform their jobs.
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.
All of the ingredients were of the highest quality and freshness. To ensure this, the parent company came up rigorous standards for product uniformity and quality, which were to be met by all of their suppliers regardless of the region.
Since its inception, the company has established itself as the premier purveyor of the world’s finest