Preview

Environmental Scan

Good Essays
Open Document
Open Document
736 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Environmental Scan
Tim Horton’s Environmental Scan/External Marketing Environment:

Demographic Forces: * Products appeal to diverse generations * Baby boomers, Gen Xers and Gen Yers can all find something at Tim Horton’s to delight and satisfy their wants and desires * Many locations concentrated in big city dwellings * Of the 6 major urban areas in Canada – Toronto, Montreal, Vancouver, Ottawa, Gatineau, Calgary and Edmonton every single one of these demographics has an appropriate saturation of stores to meet supply and demand. In the last few years many suburban areas have developed at rapid paces which has led Tim Horton to strategically place more locations in these areas where once there may have been only one store, now there may be as many as three or four to cater to our need for quality, convenience and speed to match our increasingly fast-paced lifestyles * Appeals to different communities and types of families * Tim Horton’s mainstream products have an innovative and diverse enough flair to appeal to the culturally diverse masses * Although the traditional family unit has changed over time, the menu items offered by Tim Horton’s still appeals to all family units, regardless of their size, composition or structure
Socio-Cultural Forces: * Canadian company * This appeals to Canadians’ sense of patriotism and pride, trustworthiness, being family-oriented, reliable, socially conscious and conservative * Menu offers more than just donuts and coffee * As the menu offers more than just basic donut shop goodies, this gives the company the visibility to be seen as something more to explore, a place to go for variety and choices that will delight and satiate the palate * Kids’ Camp Program * This program lends itself very nicely to Corporate Social Responsibility through Societal Marketing which increases its positive Corporate image. By reaching out to less fortunate children across our country

You May Also Find These Documents Helpful

  • Good Essays

    This article dictates Dick Smith’s cessation. Dick Smith accused the Private Equity group Anchorage Capital of ‘destroying’ the business. They bought it off of Woolworths in 2012. Dick Smith is in deep dept with the banks and has claimed all limited creditors. Dick Smith’s slippery slope lead to cessation, induced by Ferrier Hodgson.…

    • 504 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tim Horton's Isp

    • 98563 Words
    • 395 Pages

    W We are one of North America’s largest quick service restaurant chains, with 4 4,264 systemwide restaurants as at year-end 2012. Tim Hortons is one of the l largest publicly-traded restaurant chains in North America based on market c capitalization, and the largest in Canada by a wide measure. In Canada, we c command approximately 42% share of the quick service restaurant traffic. M f t i it More th 60% of our guests visit us 3 times or more every two weeks. We enjoy iconic brand status in Canada and than a strong, emerging presence in select regional markets in the U.S. We are also beginning to seed international growth, and we had opened 24 restaurants in the Gulf Cooperation Council by the end of 2012.…

    • 98563 Words
    • 395 Pages
    Powerful Essays
  • Good Essays

    Tim Hortons begins as a vague origin. Tim Horton, known as the great Toronto Maple Leaf ice hockey player of the 1950’s and 1960’sand it is also the restaurant namesake, his retirement neared as attempted many of his business. Some attempts included a failed automobile dealership, unsuccessful hamburger business, and coffee and donut business, these restaurants are near or in Toronto, Canada. Although Tim Hortons officially begun in 1964, it is known to be unofficially in 1963 when Tim Horton partnered with Jim Charade, a former jazz drummer from Montreal and also worked for Vachon Bakery, a Quebec maker who nationally distributed baked goods.…

    • 204 Words
    • 1 Page
    Good Essays
  • Good Essays

    Location: Tim Horton’s is kind of hidden, it is where the new area is being built, although people exist that way so people might want to grab a warm drink for that cold day or cold drink for a warm day. Also the people who come from the go train come in that way and the first thing they see is the Tim Horton’s. On the other hand Starbucks is in an open area, it is on the side of the building close to the washroom, a lot of people stop by to the washroom they see Starbucks so they will start carving it. The exist is a bit further compared to Tim Horton’s.…

    • 709 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Why Is Canada Admirable

    • 307 Words
    • 2 Pages

    Canadas showed will power to its own countries and citizens helps build a country in which their citizens are proud to be apart. Thus Canadian citizens will place their full confidence and trust in the Canadian government to do not only right for Canada but for other nations as well. Canada’s military actions made Canada admirable. Canada took specific action to create an atmosphere of peace and stability. Canada’s enthusiasm for peace eliminated the world’s tolerance…

    • 307 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    “Top quality, always fresh products, value, great service and community leadership has allowed it to grow into the largest quick service restaurant chain in Canada specializing in always fresh coffee, baked goods and homestyle lunches.“ (The Story of Tim Horton’s,…

    • 2865 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Aboriginal Relations: Tim Hortons have been working on implementing a meaningful, structured and long-term partnership with the Aboriginal community.…

    • 562 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    "We are setting out to be bold, different and daring. We envision a Tim Hortons that is one of the industry's most consumer-centric brands, leveraging technology to build our understanding of emerging consumer insights and to connect with them in new and innovative ways. We are focusing on flawless execution and creating the ultimate guest experience. We are asserting our coffee and food leadership, simplifying our operations and pursuing differentiated innovation. Our team is aligned, focused and committed to strong execution and market leadership," said Marc Caira, president and CEO. Tim Hortons plans on continuing their success in Canada and the U.S. Their goal is to continue to serve their employee, customers, environment, and communities. The menu will continue to add new items based in the location of the restaurant and tastes of the targeted customers. With technology on the rise, Tim Hortons plans to take advantage of the use of technology, by offering new ways for customers to get the latest Tim Hortons news, as well as being able to pay on their smart phones. The Company has set a goal of opening 215-255 restaurants in Canada and 46-60 restaurants in the U.S. With the opening of the new stores, they would like to see a sales increase of 1-4% in Canada and the U.S. Their long-term goal is to open 800 restaurants in North America between 2014 and…

    • 986 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Canada is one of the most diverse and multicultural countries in the world. Home to 32 million people, Canada portrays a vast amount of cultural, ethnic, and linguistic diversity.1 Of this 32 million that reside, approximately 200,000 come in a year from all over the world in search of better life and a home that provides peace and safety that they may not be able to achieve in other countries.2 Canada reflects a welcoming society that helps newcomers with social and economic needs in order to settle down and be successful. It allows people to become a Canadian but still practice their own beliefs and traditions so that they do not have to completely adapt to a new identity and can still keep their own. All these factors…

    • 2340 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Canadian Culture Essay

    • 450 Words
    • 2 Pages

    Regardless of the small percentage of magazine sales in Canada, its government deemed the Canadian culture as vitally important and sought to preserve the same. The nature and ideology of nationalism and its success in or failure to create socially integrated and patriotic societies; the class and ethnic character of group loyalties and how these translate into power, justice and equality and the extent to which citizens are treated non-discriminately despite racial, class and cultural differences; and the cultural practices, attitudes and values that define the perception and tolerance between social groups, their relative social and economic status and behaviour in politics, individual psychology, self-image and self-worth and all critical…

    • 450 Words
    • 2 Pages
    Good Essays
  • Better Essays

    diverse rights and freedoms. I think that it is a good reflection that Canadians do…

    • 1930 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    testing

    • 1193 Words
    • 11 Pages

    education, and this program enables them to make a difference and give back. Representative Carter…

    • 1193 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Canadians are constantly seeking what identifies them as Canadian. This shared characteristic makes for a unique community.…

    • 193 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Canada's National Identity

    • 1547 Words
    • 7 Pages

    Canadians take pride in the way they are viewed as a whole. When the world thinks about Canada, it is not just the cliche stereotypes that come up, igloos, polar bears, hockey,etc. The culture, customs and international involvement It is viewed as beneficial and helpful throughout many nations. Canada’s national identity is a good example of a working system of diversity, democracy and a beneficial international role.…

    • 1547 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Canadian values are what make us Canadian, and the importance of these values are what make us a great…

    • 730 Words
    • 3 Pages
    Good Essays