Coffee Bean Essay

The coffee berry bean plant & tea leaf riffle was founded by Mona and Herbert Hyman and it is established in Los Angeles, California in the grade 1963. The first-year Coffee bonce & teatime Leaf were established here in Malaysia in 1997. The comp either tosss a wide variety of its own sense of touch beverages that ranges from coffee to non-coffee drinks and launched their very own signature drink The Original frosting amalgamate in 1989 and has been the main highlight of its corporation ever since.We leave alone take a look into the possibility of delivery in a new product that could be a mainstay for the frappe Blended range that is already available here in Malaysia. Currently, the range of its crackpot Blended drinks is limited to several coffee and non-coffee drinks. Although from time to time Coffee Bean has been introducing promotional and seasonal Ice Blended drinks, none of these drinks go away be served in the main menu after that the promotion is over. With this.Although a majority of Malaysians like to drink coffee oriented drinks,With the introduction of the honeydew Ice Blended to the market, it will help boost the challenge of bringing in new flavors for the market.Situation AnalysisThe Coffee Bean & tea leaf Leaf is entering its fifteenth year of operation in Malaysia with some(prenominal) of its products ranging from its well known The Original Ice Blended beverages which carries coffee and non-coffee drinks keep up been well received by the public. However.2.2 swot up AnalysisThe following SWOT analysis captures the key strengths and weaknesses for the proposed product and describes the opportunities and threats that it will face.2.2.1 StrengthThe Honeydew Ice Blended drink is offered during the summer seasons and it is well known as the smart summer drink in United States. With summer all year long in the South East Asia region, this product has also been turn up as a main-stay in the Philippines and Singapores The Coff ee Bean & Tea Leaf. This product carries a cool, chilling and refreshing sweet degustation which suits the pallets of the South East Asian region.2.2.2 WeaknessesThis product may not be suitable for coffee drinkers as the drink does not offer any coffee taste and its a fruit oriented drink. Its also not suitable for those who are watching their calories and diet as the drink carries a high calorie range due to the redolence and the cream that the drink offers. As this product targets the youth which comprises of teens and working adults in their twenties, some may be price sensitive to this beverage offer as it may be expensive compared to the local.2.2.3 OpportunitiesYounger multiplications, whom fell nether the legal drinking age, are known as one of the fastest-growing segments of the beverages market. These generations privilege fresh and upcoming products rather than stagnant products that they get under ones skin consumed daily. With a check off new product being introdu ced, it will trigger the targeted younger generation with the enthusiasm to go. The lifestyle factors converger.2.2.4 ThreatsGlobal coffee and tea market have been increasingly growing and it has since been an extremely competitive sector. Coffee Bean & Tea Leaf goes up against its closest rivals such as Starbucks, Dome, Cha Time and superannuated Town Caf here in Malaysia.CompetitionThe Coffee Bean & Tea Leaf has been a powerhouse brand in providing its ice mingle beverages. However, there are companies that do make similar ice mix beverages such as Starbucks and Cha Time. The Coffee Bean & Tea Lead has the hurrying hand because of the creation of the The Original Ice Blended line which gives the company the extra edge. Although the mentioned competitors have been making ice blended beverages, The Coffee Bean & Tea Leaf has its own signature way of making these beverages limited and cannot be matched with its competitors.