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Coffee Time Market Mba510

Submitted by myth_heart on December 20, 2007

Category: Miscellaneous
Words: 2034 | Pages: 9
Views: 804
Popularity Rank: 8,189
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CoffeeTime Market
The ambience and aroma of a freshly brewed exotic coffee creates a winning combination for CoffeeTime, a popular chain of comfortable meeting places serving some of the finest exotic flavors. CoffeeTime maintains a substantial presence in the United States and Europe and management is considering globalization (University of Phoenix, 2006). Initial research shows that South Asia, especially India, is a promising location for expansion. Globalization of CoffeeTime requires careful consideration of market research especially in the design concepts of both secondary and primary research. Analysis of the secondary research reveals location probability yet is limited in some cultural details and potential constraints on the data as to validity of the research. Primary research specifically designed for CoffeeTime venues as to demographics with reliable probability need consideration before finalizing executive decision on the move into the India coffee bar market.
CoffeeTime compiled a large amount of general research information regarding India and viable market locations within the country. The population of India is approximately three times the population of the United States, while only one-third its size. In studying India, CoffeeTime also learned that Hindi is the national language while English is an important language for natural, political, and commercial communication. With research completed on specific locations in India, CoffeeTime now knows the number of restaurants, malls, and schools in various locations, yet lacks comparison with the number of people attending such on any given day, important for determining a retail location. Some of the other discoveries for CoffeeTime include paved roads showing prosperity, and the likelihood of which cities provide a modernistic culture, important to the probability of consuming class for CoffeeTime products.
Cities like Chennai have a modern culture outlook while...

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