Professional Documents
Culture Documents
FGD1_MOM
FGD1_MOM
Classified - Confidential
Republic of the Philippines
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
BS Entrepreneurship
SAN JUAN CAMPUS
Pricing and Affordability To evaluate Bean & Berry’s For price range, the OJTs suggest competitive pricing Vistal
pricing and affordability they mentioned competitors such as Big Brew and
o Price range Starbucks prices.
o Perceived value For perceived value, one OJT expects Bean & Berry to
o Pricing strategies be pricey considering the cost of fruits. However two of
o Willingness to pay
Classified - Confidential
Republic of the Philippines
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
BS Entrepreneurship
SAN JUAN CAMPUS
o Alignment of price them perceived Bean & Berry as low cost ranging from
with expectation 30 to 70 pesos since it’s a startup business.
For pricing strategies, the OJTs advise to use Buy 1 Take
1 strategy, freebies upon certain amount of purchase
and free tasting.
For their willingness to pay, all OJTs agreed to be willing
to pay to try Bean & Berry. They view Bean & Berry as
new concept in the market and is curious of what will it
taste like.
For aligning price with expectations, the OJTs identify
packaging, promotion and ingredients will be the key
factors. They mentioned that packaging represents the
quality of the product. Followed by promotions as a
strategy. One also mentioned that Bean & Berry must
established cost-efficiency in sourcing raw materials or
ingredients.
Distribution and To discuss Bean & Berry’s For distribution channel, the OJTs recommended Vistal
Accessibility distribution and accessibility physical store partnered with logistics like foodpanda
o Distribution channel and grab. Mobile or moving kiosk to expand market in
o Primary concerns different locations and direct selling in front of
o Logistical challenges campuses.
o Expected barriers For primary concerns in distribution, the OJTs identify
o Platform the accesibility and quality of product upon delivery.
They mentioned it is important to maintain the quality
of drinks upon delivery and the accessibility of chosen
distribution channel.
For logistical challenges, they suggest to limit the scope
of distribution to maintan the quality of product.
For expected barrires upon distribution, they identify
that the location of the store may limit the scope for
target market. And its accesibility since there is a limit
for scope of distribution. They even suggest to branch
out if possible.
Classified - Confidential
Republic of the Philippines
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
BS Entrepreneurship
SAN JUAN CAMPUS
Classified - Confidential
Republic of the Philippines
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
BS Entrepreneurship
SAN JUAN CAMPUS
Classified - Confidential