Group 10 outlines two plans to open a coffee shop near Bach Khoa University with differing timelines and budgets. Plan A takes 5 days with no budget, involving surveying customers about preferences, observing competitors, and analyzing collected data. Plan B takes 25 days with a VND15 million budget, conducting more in-depth market research through extensive online and in-person surveys of students and employees, observations of other shops, sample offerings, and purchased data to inform decisions on suppliers and opening the shop.
Group 10 outlines two plans to open a coffee shop near Bach Khoa University with differing timelines and budgets. Plan A takes 5 days with no budget, involving surveying customers about preferences, observing competitors, and analyzing collected data. Plan B takes 25 days with a VND15 million budget, conducting more in-depth market research through extensive online and in-person surveys of students and employees, observations of other shops, sample offerings, and purchased data to inform decisions on suppliers and opening the shop.
Group 10 outlines two plans to open a coffee shop near Bach Khoa University with differing timelines and budgets. Plan A takes 5 days with no budget, involving surveying customers about preferences, observing competitors, and analyzing collected data. Plan B takes 25 days with a VND15 million budget, conducting more in-depth market research through extensive online and in-person surveys of students and employees, observations of other shops, sample offerings, and purchased data to inform decisions on suppliers and opening the shop.
Nguyễn Phan Trường Giang - 1551033 Nguyễn Phương Nam - 1551089 Lê Duy Cường - 1551014 Lê Lâm Anh Kiệt - 1551078 Lương Hoàng Đạt - 1551026 Đào Đình Khôi - 1551073 Hoàng Ngọc An – 1551001
Plan to open a coffee shop near Bach Khoa University
Plan A: 5 days, no budget Day 1-2: Find out customer’s behavior Need of customer. Customer’s taste. Space (or Atmosphere). Attitude of staff. When they usually go to coffee shop (morning, afternoon,…or when they need place to study together…). What is the price they willing to pay for a cup of coffee (or tea). How competitor do to attract customer? Day 3-4: Make a survey Observation other coffee shop. Make a online form and publish on Facebook to collect information of customer: age, career, their favorite coffee, price,… Interview with BKU student about their need. Day 5: Analyzing the data Summarize data you already have Divide into many group base on price (main factor). Making the final decision to open the coffee shop
Plan B: 25 days, 15 millions
Day 1-2: Find out customer’s behavior Need of customer. Customer’s taste. Space (or Atmosphere). Attitude of staff. When they usually go to coffee shop (morning, afternoon,…or when they need place to study together…). What is the price they willing to pay for a cup of coffee (or tea). How competitor do to attract customer? Day 3-7: Make a survey Observation other coffee shop. Make a online form and publish on Facebook to collect information of customer: age, career, their favorite coffee, price,… Interview with BKU student about their need. Build a planning survey based on guide of consultant => 5 millions Day 8 – 20: Collecting data Share the online survey form to friends and family Interview BKU student, employee, lecturers,… Observation in other coffee shop to find out what is attract customer to their coffee shop. Make sample of coffee, give it free to customer and get the feedback 3.5 millions Buy data from marketers 3.5 millions Day 21 – 23: Analyzing the data Find the suitable source of coffee and cake based on collected data 3 millions Check the feedback of customer Day 24 – 25: Make the decision to open the coffee shop.