Ok, first, let’s talk about the problems. As we all known, our market share has declined by 25% in the last two years. Brand loyalty, price, copycat’ products, Brand image, account for the big loss, and these are also what we need to devote ourselves to solving.
Now, let’s move on to the solutions, this will be also the main part of my presentation. As far as I’m concerned, copycat’s products, brand image, these two are the problems demanding prompt solution. We can see the chart from the report, most of our former market share was taken away by the top five European coffee brands, our competitors. So a new strong competitive product is needed. For example, we can bring out an instant coffee, which aims for office workers. Or we can bring out a series of food related to coffee under our brand. Besides , stretching our brand is also a good idea to be considered, that means we can allow selected manufacturers of coffee equipment (cafetieres, percolators, coffee machines) to use our brand on their goods, we charge for it, of course.
Lack of excitement and enthusiastic, being up-to-date and contemporary are our brand image now. we need to change it ,so we can take steps as follows:
First, we need to have our packaging, logo and labeling changed, especially the logo, should be outstanding , should be recognized from thousands of logos.
Then, we can try something new on the advertising. Devising a new advertising campaign, for example, needs to be considered. As for the content of the advertising, I’ll show all of you after my presentation.
Ok, my presentation is over, thanks for your listening. 下载本文