Professional Documents
Culture Documents
Entreppppp
Entreppppp
STRENGTH
High quality coffee (coffee brand served)
High quality coffee (the way the coffee is prepared)
Unique coffee recipes and flavors
High customer service levels
Effective sales and service culture (good at cross-selling)
Good team culture
Highly motivated staff
Team-based culture
Clear value proposition
Close to the customer (strong customer relationships and rapport)
Effective niche marketer (unique coffee menu and selective target market)
High share of target markets
Strong net promoter scores = high customer satisfaction and customer referrals
Strong share-of-customer (customers buy most of their coffee at this store)
High quality products (other menu items, such as food choices)
Attractive store design and layout (known as servicescape in marketing terms)
Customer-centric strategy = focused on the customers’ needs and preferences
Able to charge a price premium
Consumer “love” for the brand = good referrals, WOM, and online reviews
Positive attitudes to the brand
High ratings on review websites
Good location (high traffic, convenience, near a large business, easy parking)
Flexible ordering options
Busy, energetic atmosphere = always full of customers
WEAKNESSES
Operates a single store model = limited sales area coverage
Weak financial reserves
Poor location
High cost location
High overall costs relative to average customer sales
Reliance on regular customers only = and a lack of new customers
Reliance on manual systems = no apps, QR menus, or automation
Limited access to marketplace data = no insight to customer needs
Difficult to access to capital and funding
Limited market share
Difficult to generate publicity in local media
Reliant on one main channel = in-store only, no delivery options
Low brand awareness
Limited social media success
No company app (for menu and ordering)
Static website
Weak bargaining power with suppliers = resulting in higher costs
Broad competitive set
Cost disadvantage (with a one store model)
Low barriers to entry to the market
Many substitute competitive products
Strong existing competitors
Limited cross-selling by staff
Small number of online reviews
OPPORTUNITIES
Grow customer loyalty/retention
Develop and implement a loyalty program
Add more product line extensions = more coffee choices
Introduce or broaden food menu
Develop a customer relationship culture = learn names and orders
Build stronger customer relationships
Develop an innovation culture = lots of new ideas
Expand our number of stores/outlets
Move to a franchisee model
Broaden our geographic reach = delivery, more stores
Pursue co-branding opportunities
Attract new customers through special offers
Improve the overall customer experience
Enhance the look/feel of the store
Tap into the demand for home delivery services
Partner with Uber Eats (or similar)
Increase margins across-the-board = higher prices
Add increased product augmentation = service, fun, information, events
Broaden our product range to target new segments = dietary, kids
Build our brand awareness with local promotion
Create/build “consumer love” for our brand
Develop relationships with online “influencers”
Introduce an app or QR menu for ordering
Hold events in quiet hours (or days)
THREATS
Unlike other forms of advertising, you don’t need to have a huge budget
How much time does it really take to distribute flyers? And if you are
doing it at the right time and at the right place, flyer distribution is
With flyer advertising, you won’t need to sit and wait patiently for a long time to get
a response. Reply is almost instant. Also, searching for and reaching you target
audience is simpler than any other medium. All you
need to do is set up your flyer distribution at a place near your target audience.
4. It’s creative
There are very few limitations, if any, when it comes to flyer advertising. You have
all the creative freedom to try out whatever you want.
5. Old-school is cool
You just cannot deny this, can you? One of the major reasons why flyer advertising
still appeals to customers is because it reminds them of the good old days. Also, with
flyers, there is a strange kind of curiosity. Unlike emails, people are not in a hurry to
trash it, which automatically ups the chances of your flyer getting read.