Chatime 2
Chatime 2
Chatime 2
Chatime
BUSINESS PLAN
Presented to the Faculty of Quezon City University
College of Business Entrepreneurship
San Bartolome, Novaliches Quezon City
By:
DEPLOMO,IRENEO
Submitted to :
LORNA SUYAT
SEPTEMBER 2022
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TABLE OF CONTENTS
I. Executive Summary
V. Financial Plan
VI. Conclusion
VII. Reference
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I. Executive Summary
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Malaysia, as one of the world's leading beverage brands, aspires to
be the most loved beverage by transforming the country's
teadrin kin g cul tu re . Mala ysia ns were fi rst in trodu ced to the ta ste o f
fre shl y brewed beverages in October 2010. Chatime Malaysia only
serves handcrafted beveragesmade from freshly brewed tea manufactured
on-site.By Chatime's action plan in combining over 30 years of tea
manufacturingexpertise and experience from a team of professional
researchers, the tea drinking culture is now beginning to experience an
exciting shift - consumers are no longer satisfied with teas laden with
artificial ingredients and flavors - they want something realand flavorful. Chatime
Malaysia employs only the best imported tea leaves and qualitying red ien ts,
fre e of pre se rva ti ve s, to tran sform th e tea-dri nki ng scene .
Cha ti me combines concepts from leading Japanese tea makers and takes cues
from their qualitycontrol and design concepts to keep customers coming
back. Every cup of tea is nowfreshly prepared to order. Chatime
Malaysia will continue to provide high-quality beverages and promote a
modern tea culture in Malaysia, in keeping with the brand's promise and
dedication.In March 2014, after four years in the F&B retail market,
In March 2014, after four years in the F&B retail market, Chatime Malaysia
wasnamed the Largest Pearl Milk Tea Beverage Chain in Malaysia, with 115
stores. Bubbletea enthusiasts in Malaysia have demonstrated their passion
for the beverage andloyalty for the
business, establishing Malaysia as the fastest growing Chatime country.To
this day, Chatime is recognized as the world's first and only publicly traded
bubbletea firm, giving its success back to its customers via high-quality
drinks and services.
In terms of the product, it can be described using the flower of service. The
core productis the variety of bubble tea that Chatime sells, but there are also
facilitating and enhancing services that help deliver and add extra value to
the service. With facilitating services there are four key components:
information, order-taking, billing, and payment. Looking at the information
aspect of the flower of service model, it is used to inform customers how to
obtain and use a product/service. On the Chatime Ottawa Facebook page, it
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can be seen the location, telephone number, and hours ofservice.
Additionally, the website is also stated in which customers can go online and
look at the menu as well as prices of the products offered. Moreover, after
each transaction, customers are given a receipt which is used as a proof of
purchase and also used to state the items that were purchased. Now looking
at the order-taking aspect, Chatime makes effective use of order entry
methods. Chatime effectively fulfills orders correctly and effectively for not
only in-person orders, but also web order orders such as Uber Eats and
Upku. Taking a look at the billing aspect, while customers are placing their
order, not only will the cashier make verbal statements of the amount due,
the total will also be displayed on the screen so that the customers are made
aware of the total amount for their purchase. Then, after the transaction has
been complete, a receipt is handed out to customers as a proof of purchase.
Finally, looking at the payment aspect, Chatime effectively handles cash and
change giving, as well as handle credit/debit card purchases. By doing this
effectively, it makes the payment process faster andnmakes it a more
cheerful experience for the customer. Now taking a look at the enhancing
services, which are meant to add value to the overall experience. There are
four types of enhancing services: consultation, hospitality, safekeeping, and
exceptions. Value can be added the entire service experience by offering
consultation to the customers. Chatime offers a wide variety of bubble teas
and it may be confusing to navigate through for first time customers. Thus,
the cashiers are trained by management understand all ofthe products
served in order to effectively recommend customers drinks that will most suit
their preference.
Product
A.Food
Crispy Fried Chicken
Golden Chicken Skin
Mini Hash Brown
Popcorn Chicken
Classic Wedges
B.Drinks
Milk Tea, Fresh Tea, Fruit Tea, “Oriental pop tea”. “Mousse”,
juices, smotthies and coffee, the brand’ s selling drink is its signature
Chatime “pearl” milk tea
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Price :
A. Price among P45.00 to 95.00 for all regular size
B. For extra toping they have to pay 15 pesos
C. For upsize cup portion into a large one, they charge 15 pesos
D. Chatime price very competitive in the market
Promotion
A. Membership card: membership card is the best way to build a loyal customer,
the benefits: Gets one point each transaction multiple of 20 pesos
B. Monthly program : like indonesia’s independence day promo on august,
mother’s day, etc.
C. Cooperation : Collaborate their product with telkomsel, air asia, etc
D. Advertisement : Chatime also promoting their product through internet,
facebook, and website
Place
A. Chatime used franchising as method to enter foreign market
B. 30 countries that they entered.
C. Chatime has more than 100 outlets store in indonesia
B. Competitors
A. Sharetea
B. Calais
C. Gong cha
D. Starbucks
E. Boost Juice bar
F. Juice work
C. Swot Analysis
Strength
A. Strong branded
B. Unique tea, juice, and Coffee
C. Fast order. 20 sec/glass
D. Always makes a new promotion and discount
E. Have a good design interior, sometime it looks luxury
F. Superior technolohy
Weakness
A. no wi-fi
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B. Highly price for developing store
C. Sometimes over;pad capacity
D. People who come is almost teenage
E. Almost have no different with each other
Opportunity
A. Extense
B. Place place estabilished between factory outlet, clothes shop, its being a profit
booster for chatime everyday
C. They can sell old or original flavor
Threats
A. High competition from beverages brands
B. Beverages shops with a concept in th market the produce a lot of nutritionan
benefit
D. Business Strategy
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V. Financial Plan
VI. Conclusion
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VIII. Reference
https://www.slideshare.net/OnnySamosir/chatime
https://en.wikipedia.org/wiki/Chatime
https://www.franchisemarket.ph/franchise-listing/chatime