In order to occupy a favorable position in the coffee industry-how should coffee companies put new products into the market?
(1) determine the appropriate launch time
Coffee enterprises should choose the best time to launch new products, especially seasonal products without delay or delay. In the case that competitors will launch new products similar to those of enterprises, they can not only enter the market first to establish consumers' awareness and preference for brands, but also delay entry, so as to save advertising costs and understand the response of market demand; you can also choose to enter at the same time to share promotion costs and risks with competitors.
(3) choose the target market with potential
The target market refers to the specific customer groups that enterprises choose to serve mainly according to their own resource advantages on the basis of market segmentation. When choosing the target market, it is necessary to consider the potential of the market, the competitive situation, the coincidence between the resources of coffee enterprises and the market, and the return on investment of the market. To choose the target market is to choose good marketing opportunities to maximize market share. This requires coffee companies to determine the target customer group as soon as possible, understand the psychological needs of target customers, have a clear target, and strive for more customers with the least investment.
(2) choose a suitable location for investment
Generally speaking, large coffee enterprises can choose to launch new products of coffee enterprises in a larger region or region. when the market response is good, they can quickly push the new products of coffee enterprises to the national market or even foreign markets. on the other hand, small and medium-sized enterprises can choose to put into production and try out in some central cities, to gain a firm foothold, and then advance layer by layer to quickly occupy a larger market. At the same time, coffee enterprises can also choose to put their new products into the target markets with greater demand. For example, the Czech Republic in Eastern Europe and Harbin in China are countries and cities with large beer consumption. British "brand" beer chooses this way to enter these two target markets first.
(4) formulate a thorough marketing strategy
Marketing strategy is an organic combination of the four elements of marketing: product (Product), value (Price), distribution (Place) and promotion (Promotion), which should be adapted to time, place and person. For example, due to the different consumption levels, living environment and humanistic concepts of different countries, many multinational corporations in the listing price, positioning and packaging of new products will vary from country to country or region.
In short, there are many uncertainties that may affect the final outcome when new coffee products are introduced to the market. Therefore, when launching new products, enterprises must pay attention to the above four items, choose the right time, potential market, and appropriate investment location, and then make effective marketing strategies, so that they can better enter the market and seize new market share, so as to achieve better economic benefits.
- Prev
An investment in the coffee industry; an auto giant is about to open a cafe.
A car giant is going to open a cafe, and a car maker is going to play a big role in the catering industry. So, who is this brand? this car giant is Cadillac. The investment in the coffee industry stems from the brand's pursuit of fashion and art, thus giving the brand more cultural connotations. This time, the Cadillac Cafe is not just a coffee tasting.
- Next
Boutique coffee shop has become the "third wave" in the history of coffee.
In the SoMa area of San Francisco, the newly developed old warehouse block is home to many stylish modern office buildings. In a coffee shop called Sightglass Coffee, employees of the nearby IT company are sitting around a large table for a meeting. The containers containing coffee beans next to the coffee roaster are stacked into hills and are about to be sent to the famous IT companies near Adobe and Dropbox. S
Related
- Storm landfall! 33,000 people were affected in Honduras
- Cancel free feeding! Manner cuts benefits?!
- Where is the origin of Ethiopian coffee? What are the characteristics of Kafa Forest Coffee?
- Nearly 50 stores closed! Starbucks can't resist the boycott trend?!
- Why is rose summer coffee so expensive? Which is the top ten famous coffees in the world? Is Rose Summer produced in Panama or Ethiopia?
- What is the difference between espresso and espresso? What does Ristretto mean? What is the basis of Australian White Coffee?
- Is it necessary to buy coffee cloth powder injection? What should I do if the espresso powder lumps? Why does coffee powder generate static electricity?
- How to make espresso martini? Martini needs to use it? How to extract espresso? Is coffee and wine good together?
- Introduction to Hope Estate in Cauca Valley Province, Colombia: What are the characteristics of Hope Estate Rose Summer Coffee?
- Historical high! NYSE coffee beans quoted today at 279.3