Office-appliances, rare books, magazines &newspapers served ... There is a lack of book bar offered in Macao market. ... Rare books, magazines and newspapers offered ... – PowerPoint PPT presentation
is a business of providing service and place for people to enjoy their spare life in reading working.
3 Executive Summary
Spacious and quiet reading area provided, discussing rooms and studios rented.
Office-appliances, rare books, magazines newspapers served
Business service (fax, copy, print, IDD, tickets, booking service)
Dessert drink service
24-hrs-opened
4 Mission Statement
An environment we serve comfort the process of reading working to make customers bring their inspiration or efficiency into full play.
5 Situation analysis
Market analysis
Market segmentation
6
Target market
We will be targeting customers by
Target specific linesWhite-collar class in Macao
high-income level, enjoy relaxing life, think highly of quality of work and environment, celibacy, need a place to comfort readingworking affairs.
7 Problems Opportunity
People are in need of a comfortable place to enjoying reading or working in their spare time, as modern life is developing toward high quality. There is a lack of book bar offered in Macao market.
In Beijing,Shanghai,Hong Kong and Singapore, book bar is well-received by educated people.
8 Problems Opportunity
Comparison
book bar vs. office
more comfortable and relaxed environment, dessertdrink service, reading materials
book bar vs. coffee house
quieter,working place offered, business service, 24-hrs-opened,rare books offered
book bar vs. net bar
reading materials provided, working place, business service offered, food served.
9 Opportunity
book bar vs. home
quieter, more spacious place, business service offered, reading materials, food convenience, gathering of elites.
book bar vs. library
business service, fooddrink service, 24-hrs-opened, more relaxingcomfortable environment
10 Competitive Environment
Major competitors Cafés in MACAU
Example TOP TAIPEI STARBUCKS 11 Competitive Environment
STARBUCKS
Dark lights
Not quiet enough
Narrow space
Limited service
Served time limits
TOP TAIPEI
Noisy, crowded,
Food service only
Dark lights
Not fit for reading
Time limited
12 Competitive Environment
Our advantages-----distinctive
Rare books, magazines and newspapers offered
Peaceful, quiet and comfortable environment designed for needs
Business service for
convenience
24-hrs-opened
13 Market Objectives
Introduce book bar concept to Macau people
Retain a 85 of customers with long-term reactions.
Achieve a 10 return on investment at first 3 month.
spend 13 of service revenue between 2003 and 2004 on development of service supplies and decoration.
14 Marketing Strategy Features
Product
Benefits 15 Features
Theme bar (books)larger than 50m2
Quiet, literary environment
24 hours service
Comfortable, personnel spaces
Considerable services
16 Benefits
Find a relaxing, quiet place for reading or working in a commercial center
Enjoy the literary atmosphere
Absorb the knowledge or get information
17 Price
Comparison with competitorsrelatively higher price for high level customers
Member Cardmonth card, year card, normal customers, VIP customers etc.
DiscountVIP discount, quantity discount, holiday discount etc.
18 Promotion
Local newspaper magazines
20 discount for opening month holiday discount
Free member card for fist-time application
Discount for VIP or year card customers
Activities or lectures organized for intercourse
Display sign Logo
E-mail
19 Place ??
Locates in new,lofty district, near commercial buildings center