Chatime's Competitor in Malaysia
Executive Summary Chatime seems to be blooming as the market leader in the bubble tea market of Malaysia. Instant-Chatime was recommended to maintain its market share in this competitive industry as suggested in the previous proposal. With this, Chatime seeks to investigate and study about its main competitor – Starbucks. A brief profile of Starbucks is shown and compared with our company. The illustrations and tables are tailored to what Chatime should be aware of the surroundings of every potential rival in Malaysia. This proposal is about our analysis on Starbucks discussing about the three strategies the market leader used in the beverage industry. We observed Starbucks’ accomplishments and problems in accordance with analyzing the competitors which are expanding, protecting and increasing its total market share. Next, competitive strategies are presented in six basic steps of imitation in business. We looked into the techniques of imitating and innovating from successful companies. We applied this model and suggested the relationship between Starbucks and Chatime in the beverage industry. It is a great business to follow because with the lessons and undertakings of Starbucks, we learnt that there is so much room to boom further in this beverage industry in Malaysia. The Malaysian consumption of drinks, culture, trends and preferences have to be considered in this analysis as well. Recommendations for delivery services and Drive-Thru Chatime are suggested by the marketing team to provide convenience and availability of Chatime products.
Introduction The Malaysian bubble tea franchises have a few dominant players – Chatime, Ochado and Gong Cha, stated in the Star (The Star, 2012). However, other minor existing bubble tea players are Share Tea, Ding Tea, Each-A-Cup, Cup Bon, 17 C, Tea-Tac-Toe, etc. All these bubble tea brands are close substitutes that share similar qualities and prices in Malaysia that consumers could choose from. The Malaysian
Introduction The Malaysian bubble tea franchises have a few dominant players – Chatime, Ochado and Gong Cha, stated in the Star (The Star, 2012). However, other minor existing bubble tea players are Share Tea, Ding Tea, Each-A-Cup, Cup Bon, 17 C, Tea-Tac-Toe, etc. All these bubble tea brands are close substitutes that share similar qualities and prices in Malaysia that consumers could choose from. The Malaysian
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