In this paper, we have crafted a marketing plan for the purpose of brand expansion for “Café Coffee Day” in UK market. The main role of articulating this marketing plan is to lure the business capitalist to put resources into our task. The mission of the company is simple one, to be the best Cafe chain by offering a world class coffee experience at affordable prices. This marketing plan will be emulated by an engaging and maintainable return of more than 20 percent profit for our venture. We have completed PESTLE analysis, SWOT analysis, marketing mix, and ratio analysis of the business. The anticipated balance sheet and income statement is additionally put forth to give a complete viewpoint to our business plan.
Cafe Coffee Day
Introduction
Cafe Coffee Day is an award winning Indian based company owned by Amalgamated Bean Coffee Trading Company (Café Coffee Day, 2013). It is considered to be the biggest Arabica beans produced in Asia, which also exports to different countries like Japan, Europe and United States of America. It began its operation with a retail restaurant in Bangalore in 1996, which then expanded its retail shops in different cities to 1000 cafes by 2011. It was named as “most popular hangout joint amongst youth”, and was also as “India's most popular coffee joint”, both in 2011. This report presents the marketing plan for brand expansion of Indian based cafe into UK market.
Discussion
The mission of the Cafe Coffee Day is,
“Our mission is a simple one. To be the best Cafe chain by offering a world class coffee experience at affordable prices.”
SWOT Analysis
Strength
Weakness
Strong brand name and visibility
Target group is of huge number, i.e. youth
Brilliant service and ambiance
More than thousand outlets
It is also a coffee producer that reduces the cost.
Fails to maintain brand loyalty
Wrong selection of sites
Opportunity
Threat
Growing of coffee industry all over the world
People are preferring cafes for meetings and hangouts.
Going international
Increasing competition in coffee industry, cafes like Costa Coffee, Starbucks, Mochas, Braista etc.
PESTLE Analysis
Political Environment
The Political situation of the country is viable for a company where it is operating its business activities. It is amongst the major concern for a company that plays a vital role in both, the failure or the success of a company. It is recommended that investment has to be paid in a country where political situations are safe and predictable. The government in UK is politically stable and is successfully serving its consecutive third term (Davies et al., 2010, p.22). The overall political situation is also very much stable in the country, only the terrorist attacks of 2005 did raise a few concerns, but those too were addressed and supplemented by the strict law enforcement and high alert security that followed. Even the taxation on businesses in the UK follows one of the most attractive tax policies for businesses all around the world.
Economic Environment
The economic environment of the country is dependent on the product mix and marketing strategy of the company. The open economy of the UK ...