This article discusses the marketing plan for Three Brother’s Java, a Nepali coffee shop in Australia. It includes an environmental analysis, SWOT analysis, marketing objectives, strategies, and implementation. The article also suggests metrics for evaluating the success of the marketing plan.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head: MARKETING Marketing Name of the Student Name of the University Author Note
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1MARKETING Executive Summary Three Brother’s Java is a full service restaurant or a café specialized in serving Nepali coffee from many decades. Founded in the year 2016, by four of the partners, this coffee shop provides some of the unique services and spellbound atmospheres among all other local café bars in the community. The coffee shop targets and is determined to become one of the renowned places for a daily stop for the local community people, the tourist, the emigrants, the coffee lovers and specially the couples of this generation who seeks some good atmosphere and ambience to initiate some of their conversations. The café specializes in serving their special dish, the Nepali coffee aroused with a beautiful aroma of the baked beans of the coffee from the Nepal. Being a very small company with a limited number of staff members, the café has been facing a lot of strong competitors in the recent years (Tereza Lista, 2018). The café is thus concerned about the recommended strategies and aims towards the making ofdelicious coffees for attracting new customers and establish an effective customer relationship management.The assignment focuses on the aim to develop a marketing plan for the Three Brother’s Java, make someofthedifferentandvariedwaysregardingtheirpromotion,designsomeofthe advertisements and implement the recommended strategies for the benefits or the success of the café in the competitive market of food or coffee chain. Environmental Analysis The café, Three Brother’s Java is a small and a newly settled café and includes a very limited amount of the full time staff members. Only two of the members of the café are instrumental in leading out the strategies and the marketing plan. Situational analysis is the basic and one of the most essential stages in the process of the marketing planning. The strategic fit of
2MARKETING the café with its environmental is central to the strategy. The external environment of the café includes both the micro and the macro environment. A. The Marketing Environment 1. Competitive forces – There lies more than hundreds of coffee shops in the country of Australia. Every other month or two, new and innovative range of coffee shops and the expansion of the international coffee brands has been spread across the corners of the lane of the country, thus increasing the challenge in the competitive market. The competition among the coffee shop has been increasing on a gradual basis and in the current scenario theThree Brother’s Java is facing major challenges to rise in the market. 2. Economic forces – Factors of the forces of the economic are concerned with the purchasing power of the consumer, the spending patterns of the consumer and more. While developing the marketing plan, it has furthermore been identified that due to the rising cost of the food and the beverages together with the taxes in the fine dining and the luxury restaurants, most of the customers in the economy will be looking for to save their money without compromising the quality and the quantity of the food (Chitu, Manivel & Arun, 2016). On this instance, they will be looking to save their cost and look for the café cum restaurants like theThree Brother’s Java and gets benefited for having a fulsome meal and tasty beverage together with a Nepali coffee for the appetizer as well. 3. Technology – Creation of the new technologies, products and the opportunities of the market contributes to the technological factors of the restaurant or the café. Australia is a country where changes and the new technologies are embraced in a rapid form. The technological updates and
3MARKETING the innovation will thus automatically help the café to flourish in the hospitality market. The technology in the country has a vital role in the development and the growth of the marketing over the time and over the decade. According to the technological innovations and the strategies, the introduction of the growth of the market would only be effective in case of the usage in an effective tone. 4. Legal and regulatory forces – Political and the legal forces have to merge with the general political and the legal environment in the operated country. In case of the country of Australia, the country is through out characterized by the political stability and enrolled in the full membership of the UN and the EU. The café,Three Brother’s Java follows all the work place health and safety policies for its employees and the measures of the OSHA together with the other governmental safety guidelines concerning with the customers visiting the café. According to the notion of the members or the owners of the café, following the governmental regulations and the regulatory measures will keep the customer satisfied and attracted together with the creation of a good image of the eatery even after they leave the place. SWOT Analysis The situation analysis tends to generate a great amount of the information for the planning of the effective marketing strategy (Van Valen et al., 2016). One of the most widely used framework for the organizing and the utilization of the information analyzed and gained form the situational analysis is the SWOT analysis. In the current scenario, the SWOT analysis is basically the merging of the external factors of the company with the own characteristics of the café,Three Brother’s Javathat results in the development and the assessment of the opportunities of the café in discussion.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
4MARKETING A. Strengths - Some of the major strengths of the café, Three Brother’s Java includes its new and innovative range of products, its specialty of the Nepali Coffee, the high quality of the food and the beverages served in the café, the mesmerizing view from the lawn of the café, the atmosphere, the ambience , the location and the interior decor of the café that attracts the couples, the tourist and the coffee lover who likes to spend some lonely time without the special coffee and books (Rashid, Cohen & Ghose, 2018). The café further more serves a large section of the home made pastries and cookies together with the best services from the staff members of the café. B. Weakness – One of the major weakness of the café is that it has the tendency to invest all of the money to all it members and the staffs of the restaurant and maintain the premises of the business with a high amount of investment even before any income or profit scale. Since the café is involved with the selling of the unique or a rare types of coffee, it has been difficult for the café to acquire the attention of the customers as most of the customers wonder the taste and the price of the Nepali Coffee and whether it is worth trying. Furthermore the lack of experience in the area has been a major hurdle for the organization since it is making it difficult for them to get proper financing and investors for the business. C. Opportunities – One of the major opportunities for the café,Three Brother’s Java is that the product of the coffee beans that are generally been imported from the Nepal can get a high value in the market of Australia. This can furthermore happen since Nepal is one of the well known country for its unique flavor of coffee and its unique tastes of coffee (Bowie et al., 2016). Besides this another opportunity can be the evaluation of the opportunities of the market,
5MARKETING identification of the untapped targets and the audiences excluding the particular demographics the other coffee cafes are following can be one of the keys towards the success of the café. D. Threats – One of the major threats for the café is the rising number of the restaurants and the coffee in the area. Apart from the competition from the other local and the national brands selling coffee in their coffee shops, theThree Brother’s Java will get threatened and the business will furthermore get threatened if any other Nepalese café gets opened and the coffee business of the café, Three Brother’s Java gets challenged by their prices and their new ranges of the products which can furthermore lead the business of the café go down (McKenzie, 2015). Marketing Objectives – Development of the awareness of the brand of the Three Brother’s Java through a steady increase of the customers and the profit margin Development of increase in the sales and the decreasing in the expenses of the marketing Introduction of new flavors for the customers on the basis of the seasonal fluctuations To become the most preferred place for thedaily stop for locals, tourist, emigrants and coffee lover (Chernev, 2018) Marketing Strategies The marketing strategies for the coffee shop obliges to more of the nuisance after the nearby business. The single objectives are to position the café as the premier place for the couples, the travelers and the coffee lovers to meet like the like-minded individuals. The
6MARKETING marketing strategy will first create the awareness of the customers regarding the offered services, the development of the customer base and the building of the customer referrals and the loyalty. Introduction of the free Wi-Fi in the shop can be one of the strategic measures. Apart from these the café needs to improve and work on its marketing and the promotion strategies (McDONALD, 2016). Further establishment of the strategic relations with the customer and the investors will furthermore help the business to grow and flourish in the market. The Marketing Mix supports the industry of the company and analyses the position of the company in the market. The mix basically identifies the main components of the marketing plan of the firm. The café can use the marketing mix for the identification of the main components of the marketing plan of the firm. The Products – the product range of the Three Brother’s Java coffee shop will have to continue towards the innovation of the product mix for the capturing of the market (Wymer & Polonsky, 2015). Apart from the special Nepali Coffee, the café specializes in some of the come made pastries and cookies to offers to the customers on first come first serve basis. The Place – This components explains the venues where the customers can access the product range. Situated in the heart of the country of Australia, the Three Brother’s Java has a very unique location with one of the best views from the balcony of the café together with an enchanting interior and ambience to serve the customers visiting the café. Recently the firm facilitates the online ordered of the customers for their specialized product range and their preferred table bookings (Lee et al., 2015). This marketing mix enables the café to adapt towards the changing times, the changing patterns of the technologies and the condition of the market.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
7MARKETING The promotion – One of the most important factor that the café needs to remember is that since the café has opened in the market of Australia recently and thus it needs to promote its brand for attracting the customers towards the café. Promotion by the means of the social media ads, posters, the television, radio and the other innovative ways needs to be done to spread the information to the community regarding its firm and the products. Some of the promotional mix strategies that the firm can follow includes the following: The advertising The public relations (Hanssens & Pauwels, 2016) The sales promotions The price and the pricing strategy - The café must adopt some of the basic and affordable pricing strategy and give some of the best offers and deals for the customers so that they gets attracted and visit the café more often. Due to the specialty of the Nepali Coffee, lot many people have this tendency to think that the café may be over priced and thus prefers to visit the other cafes nearby (Datta, Ailawadi & van Heerde, 2017). The Three Brother’s Java thus needs to develop a good pricing strategy so that their sales figures and the selling cost are high while the manufacturing and the product cost are comparatively low. Marketing Implementation Each and every policies of the café or the company are implemented through the decision of the employees and the staffs for the attraction of the new customers for increasing the sales of the café.
8MARKETING Evaluation and Control The progress of the business of the café chain can furthermore be evaluated by the total sales and the revenue and the form the generated income. It can furthermore be controlled by the setting of the goals, the performance measurements, the diagnosis of the performance and the corrective actions (Hanssens et al., 2014). With successful implementation of the recommended measures and the plans, the café targets to implement some of the elements of the campaigning and the activities of the promotion together with the suggested metrics of the campaign elements. The campaign elementsThe Metrics The news media The platform of the social media The internet and the TV Price Advertisement Product placement Number of the viewers of the articles Number of people liking the café page and interested to view the café The number of people viewing when the advertisement is aired and expressing the interest Number of the subscribers The number of the comments and the likes in the social media networking sites
9MARKETING Figure1; Source: (Fan, Lau & Zhao, 2015) The figure above explains the entire process of the marketing plan that the café, Three Brother’s Java needs to evaluate for the maximization of their profit margin, to achieve their marketing objectives explained and noted above together with the effective implementation of the strategies and the marketing mix. Thus it can be concluded that the creation of the marketing plan for the Three Brother’s Java café is essential so that the café can stand out among all other cafes in the region in this competitive market of hospitality and café chains.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
10MARKETING References Bowie, D., Buttle, F., Brookes, M., & Mariussen, A. (2016).Hospitality marketing. Routledge. Chernev, A. (2018).Strategic marketing management. Cerebellum Press. Chitu,M. , Manivel,K. & Arun,A,(2016). Study on sales of coffee, preferred by customers. Datta, H., Ailawadi, K. L., & van Heerde, H. J. (2017). How well does consumer-based brand equity align with sales-based brand equity and marketing-mix response?.Journal of Marketing,81(3), 1-20. Fan, S., Lau, R. Y., & Zhao, J. L. (2015). Demystifying big data analytics for business intelligence through the lens of marketing mix.Big Data Research,2(1), 28-32. Hanssens, D. M., & Pauwels, K. H. (2016). Demonstrating the value of marketing.Journal of Marketing,80(6), 173-190. Hanssens, D. M., Pauwels, K. H., Srinivasan, S., Vanhuele, M., & Yildirim, G. (2014). Consumer attitude metrics for guiding marketing mix decisions.Marketing Science, 33(4), 534-550. Lee, Y. K., Kim, S. H., Seo, M. K., & Hight, S. K. (2015). Market orientation and business performance: Evidence from franchising industry.International Journal of Hospitality Management,44, 28-37. McDONALD, M. A. L. C. O. L. M. (2016). Strategic marketing planning: theory and practice. In The marketing book(pp. 108-142). Routledge. McKenzie, D. (2015).Identifying and spurring high-growth entrepreneurship: experimental evidence from a business plan competition. The World Bank.
11MARKETING Pelsmacker P. , Janssens W. & Sterckz E(2005), International marketing review22(5). Rashid, S. M., Cohen, D., & Ghose, K. (2018). An Exploration on the Process of Brand Identity Building in the Context of Malaysian Cafe.Jurnal Komunikasi, Malaysian Journal of Communication,34(2). Tereza Lista (March 2018), Clickz Marketing Technology Transformation. Van Valen, E., Martin, N., Chaudhary, K., & Mann, K. (2016). Coby’s Marketing Plan. Wymer, W., & Polonsky, M. J. (2015). The limitations and potentialities of green marketing. Journal of Nonprofit & Public Sector Marketing,27(3), 239-262.