Marketing Individual Assignment 3 1) What is the product mix of Trung Nguyen? What are the key attributes of its coffee? How do these attributes help Trung Nguyen to differentiate itself from its competitors? The product mix refers to the total composite of products offered by Trung Nguyen coffee. It consists of different product lines‚ various product items in each product line and within each item is the product depth. Firstly‚ the product line is a group of product or service items that
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Coffee has become a huge consumption in the world today. There is so many different things that coffee has done in the world today. There are many different situations where coffee is very important in the world. One example can be seen is from the people in Ethiopia where there is a huge dependence of harvesting coffee beans and the fact that it is Ethiopia’s major exports that they have. Another example that can be seen is in North America where the majority of people would drink coffee as a
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I.History Trung nguyên is the most famous coffee brand in Vietnam. It was created in 1996 by Mr.Đặng Lê Nguyên Vũ. During student life in medical school of Tây Nguyên‚ Mr.Đặng had a question about coffee farmers’ life. Although the price of a cup of coffee wasn’t cheap‚ but why‚ farmers were still poor. This question encouraged him to find the answers. He and his company suffered from many accidents‚ but they kept on trying. Those experiences brought them a good background for opening more shops
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country‚ one can realize that coffee is one of the most favorite products among American people. It has remained in the top positions for some decades. However‚ drinking coffee is not only the consumption of a product; it has become a daily activity. It is normal to hear this question when someone wants to meet up with one person: “do you want to get a coffee tomorrow and we can talk about...?” Any excuse is good enough to get a cup of coffee. The beginning of the coffee industry dates back to the 1960’s
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Coffee is the world’s second largest traded commodity it is used not only for drinking but for soft drinks and cosmetics as well‚ it is second only to oil according to all imports and exports from all countries. They are two main types Arabica coffee (most people are used to this and are more popular) and there is Robusta coffee. In the last two years the prices of coffee have been gradually falling (Ycharts. (2013). Coffee Arabica Price) alongside this‚ the supply of coffee has also been falling
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Supply Chain Challenges at Company X Coffee Roasters Attila Nagy-Domokos‚ November 2014. Executive Summary The Coffee industry faces serious challenges in regards of sustainability. This essay describes and evaluates possible solutions that the technical operation team and international organisations generated. This essay is intended to provide the executive board with background information to access the feasibility of a proposal they have been asked to assess. Introduction Company X is a
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Table of Contents I. Introduction/Executive Summary and Product Description……………………………………………..3 II. Target Customer Analysis………………………………………………………………………………..3-4 III. Competitor Analysis………………………………………………………………………………………4-6 IV. External Market Environment Assessment……………………………………………………………..6-7 V. Company Analysis……………………………………………………………………………………...…7-9 VI. Marketing Information Requirements………………………………………………………………….…9 VII. Plan Implementation……………………………………………………………………………….....…9-13 Appendix……………………………………………………………………………………………………
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Green Mountain Coffee Case Porter 5-force model Rivalry: a strong force Green Mountain coffee as a premium coffee maker‚ has only two current large threats‚ Starbucks‚ and Seattle’s best coffee. The leader of the premium coffee industry is Starbucks and does have the necessary resources to effectively compete with Green Mountain Coffee. Another issue facing Green Mountain Coffee is the threat of new entry. Since the premium coffee industry is a growing market‚ and with a relatively easy
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Mystic Monk Coffee Case Analysis Questions Management 4480 Fall 2012 1. What is the mission of Mystic Monk Coffee? • The mission of the Carmelite Monks of Wyoming was to be able to earn money to buy the Irma Lake ranch and to expand from 13 monks to 30‚ gothic church‚ retreat canter and convent 2. What is the basic strategy that Mystic Monk Coffee seems to be using to achieve their mission? • Increase the production of coffee. Coffee sales were a means of support
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REPORT ON ANALYSIS OF COFFEE INDUSTRY INTRODUCTION Food and Beverage industry of India have been booming for last 10 years as compared to other developed nations. Food industry includes both packaged and unpackaged as well as beverages either alcoholic or non-alcoholic drinks. Being a producer of coffee‚ India consumes 75% of coffee and exports the remaining. At present‚ India accounts for 16.3% of South Asia food retail industry. According to the research‚ Indian food retail industry
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