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Thani Donuts Market Analysis
Thani Donuts Market Analysis
INTRODUCTION
The donut market has a strong attraction for companies that want to enter it, for Donas it has
represented a strong attraction that they want to capitalize on for a very specific market segment,
as opposed to a mass market. It must be considered that Donuts are not everything in the world of
Donuts, there are others, in fact the company's market is not donuts, it is customer satisfaction
through a product, a unique experience when they visit the store , is customer satisfaction through
a product, a unique experience when they visit the store, which is already different from the
competition. In it, customers can see how the donuts are made, served fresh and hot. The neon
sign that announces that the donuts are ready is just part of this satisfaction strategy.
Segments:
Within the Thani Donuts market we can identify five segments, each with similar traits to each
other, which is the taste for Donuts:
1. Social: they are the customers who visit the store not necessarily for the product, they are
attracted by the atmosphere, they see it as a place to relax, spend a while and meet with
friends, it is a group that can be easily attracted by other substitute products such as are
the coffee shops and salons.
2. Craving: those who occasionally have a craving. They are not a regular customer, but they
may visit the store occasionally, they are focused on the product to satisfy their craving
and it is the only reason for visiting the store, they are willing to pay a little more for the
product as they are aware of its quality.
3. Followers: they buy and visit stores out of curiosity about what the media, advertising and
the general public say about Thani Donuts, they go to satisfy their curiosity and verify the
veracity of what they hear, they can easily become regular customers when their
expectations are exceeded by the product.
4. Price Finders. They are customers who are only looking for offers and deals in their favor,
they visit the store when a special discount or promotional packages such as “cheaper by
the dozen” are announced. Generally they are not aware of the quantity of the product,
nor of the experience generated.
5. Hot and ready. It is the most interesting group, they do not usually deviate from their
route and seek to have the products coexist near their area of action; However, and on the
other hand, once they detect some coexistence in the product they are purchasing, such
as proximity of its work and flavor, adequate price and service, etc. They become regular
customers; This is the most interesting segment.
SWOT Analysis:
In the following diagram we can analyze the main strengths, opportunities, weaknesses
and threats that Donas Thani has in its competitive environment.
FORCES WEAKNESSES
OPPORTUNITIES THREATS
Tim Hortons
A subsidiary of Wendy's International, one of the largest coffee and fresh bread
chains, with more than 1,900 stores in Canada and a steadily growing base of 120
locations in US markets. In Canada this chain is considered an icon, the chain was
named after a Canadian hockey player recognized as a national hero.
This company strategy consists of being part of the lives of its customers, every
day and in every life. The image it shows to its customers is that of being a
neighborhood gathering place, a home away from home. Its greatest competitive
advantage is being one of the largest chains with a very popular product in the
region.
La Mar's Donuts
Conmatris in Kansas City. This small privately owned chain with stores in Kansas,
Missouri, Nebraska, Nevada, New Jersey. The first store was opened in 1960 and
quickly became an institution in the city, queues formed from 6.00 am and by
closing time some 110,000 Donuts had been sold. Based on the success, the
owners began franchising the store in 1990.
The secret recipe and its quality is artisanal, handmade daily with natural
ingredients and without preservatives, the day-old donuts are donuts to those in
need. In addition to 20 varieties of Donuts, the menu includes a wide selection of
coffee. In association with Dzbog Coffee Company, they have developed an
exclusive line for LaMar's, with selected beans from Costa Rica.
The company's mela is "simply a better donut." Those who have tried it are left in
awe of its taste and say, "My God, it's the best donut I've ever had in my life." In a
magazine ranking as the best Donut.