Tuesday, February 18, 2020
Summary Marketing Plan Term Paper Example | Topics and Well Written Essays - 1000 words
Summary Marketing Plan - Term Paper Example The customers get an overall experience of having coffee along with shopping. Therefore, customers can either have coffee when sitting on a couch or while selecting the merchandizes from the shop. This marketing plan will first make a situational analysis for the cafe. In the situational analysis, the overall picture in terms of trends, statistics, size, growth and competition will be discussed. Also, a SWOT analysis will be performed for identifying the strength, weakness, opportunities and threats of the current industry. The report will also give an insight into the current competitors in the industry. A comprehensive explanation of the target market and product positioning will be discussed. Based on all these analyses, a marketing plan will be charted out for the cafe. Situational Analysis Cafe Gam Sung will be located in the Sunnyside neighborhood in New York City. Sunnyside is located in the western part of New York City. Sunnysideââ¬â¢s total population is 29,506 people. T hough majority of the population are Americans, a larger portion is also constituted of people from almost 30 countries. Therefore, Sunnyside is a place with very diverse cultural characteristics. The median income of the region is $37,962. The majority of the population in the area are of the age group of 25 ââ¬â 39 years; they constitute up to 32% of the Sunnyside population. The next bigger group is 40 ââ¬â 64 years old people forming around 30%. ... 40% fall below $30,000. Only a meager 1% has an annual income of higher than 150,000 (Movoto, 2012). Sunnyside is a market with a highly growing potential for coffee shops. The major opportunity in the market is that it contains a considerable portion of young population. The population of age groups 19 ââ¬â 39 years is of great potential for the business. Another opportunity is the rapid development in the technology industry and the growing population that attempt to explore new and advanced devices to pursue the trend. The major threat will be Starbucks, which has a well-established outlet in Sunnyside. Apart from Starbucks, there are also various other coffee shops in the region which can pose a threat to Cafe Gam Sung. The strength of Cafe Gam Sung when compared to other players is that this is not an exclusive coffee shop. Cafe Gam Sung is a Coffee/Tea shop with a focus on technology merchandizes. The main weakness is that Cafe Gam Sung, being a new player, has less experti se in the field compared to the established players. Competitors Some of the major players in the Sunnyside are Starbucks, Baruirââ¬â¢s Coffee, Cafe Marlene and New Post Coffee Shop. Starbucks: Starbucks is the most established coffee shop in Sunnyside. The shop is so popular that people find it hard to get a seat because of the rush. Wi-Fi is also free at Starbucks Sunnyside. Therefore, customers usually spend more time at the shop. They also offer free refill of coffee when the customers spend more time in the shop. This Starbucks outlet also has a friendly staff. Servings are coffee and teas like in any other Starbucks outlet (Yelp, 2012). New Post Coffee Shop: New Post Coffee Shop also serves diners. But this place seems to be least preferred by the customers. People are
Monday, February 3, 2020
The effects of invasive species on recreational fishing Research Paper
The effects of invasive species on recreational fishing - Research Paper Example First is that the species show very high rate of reproduction. The plant species that are invasive have a much higher rate of reproduction than any other species, which raises the second reason why they are so (Coulatti 138). Second is that the species fall prey to little or no predation at all. This fact gives the species leeway to reproduce and not worry about any form of predation. Thirdly, the invasive species are mostly hardy in nature. Being hardy means that the species can thrive in virtually any kind of environment, including different climates and habitats (Coulatti 140). The impact that invasive species cause on the environment are gross and sometimes irreversible (Verling 272). Destruction of landscape and severe loss of habitats and loss of life by both animals and humans are just but a few of the impacts. The effects the invasive organisms have on the environment include negative impact on bio-diversity, they can cause species extinction, soil erosion and land degradation and change in life cycles of organisms (Verling 273). The weeds found in lakes and rivers, for example the water hyacinth could cause destruction to water bio diversity. First, the weeds in the water destroy all other plant organisms in the water in order to establish their roots some of them even feed on other organisms. This ensures that the weeds remain the apex plant organisms on these water sources thus getting rid of any chance of bio-diversity in the water sources (Callaway 265). Second is the cause of species extinction in water sources (Coullatti 57). In order to fish, it is logical that there be something to catch in the water sources. The invasive species make sure that fishing does not happen. They do this by first, as mentioned above, eating up all the plant life in the water and thus rendering the fish without food. This the main reason for fish extinction. Land and soil
Subscribe to:
Comments (Atom)