Boost Juice Bar has established a questionnaire on its website to find out the acumen and insight factors, in order to maximise the profit. Which is why we will work hard to get good deals from our suppliers so as to enable us sell our drinks and other products in our bar at a discount price from time to time especially to customers who spend a certain amount per time whenever they visit our bar We will also ensure that we create a loyalty plan that will enable us reward our loyal customers especially those who are able to helps successfully market our bar to their family members, friends and colleagues. It was the perfect time to launch the business because it could survive through the Christmas and cold weather season. During the brand globalization process, Boost Juice marketing activities not only aim to maintain the original integrity of the brand values around health, fund and love for life but also extend its brand to cater for the local cultural differences. Incorporating fruits that are more popular and exclusive to India to Boost Juice menu must be essential.
By doing that, people will be reminded of the brand positions and link it positively to the sports events; the overseas market will also recognize and remember Boost when they closely keep an eye on the sports event. The following are popular Indian fruits that can be used to make smoothies, juices, and shakes: Boost needs to also take into consideration of having a seasonal juice menu. One thing about internet marketing is that you can direct your marketing effort towards your target market with the help of internet filters and other relevant software applications. There is less incentive for customers to make comparisons based on price. As a matter of fact, it is cost effective to use social media platforms to promote our brands, besides it is pretty much effective.
Excellent facility, excellent ambience and perfect location for a bar in metropolitan city like Los Angles. Their stores are small, colourful and strategically located in high foot traffic areas. The mainly focus is not only taste and healthy drink, but also forms an active and fresh image. Watermelons are only grown in summer. Actually, this helped Boost with the economic stress; meanwhile the joint fee of each shop has to shell out to the head office each year so that Boost has earnings by supply the material and charge shops from administration fees. Even though customers are willing to pay a premium for Boost, Moon, Chadee and Tikoo 2007 suggest that if the price goes up beyond a certain range, customers may begin to substitute for less customized products. For example, company has adapted Its core product range of 6 smoothies to include Dragon Fruit in China, Ribose in South Africa etc.
Compared to normal cups, foam cups create less actual waste due to foam being 80-90% air. Another factor that will give our bar competitive edge is that we have enough packing space to accommodate the numbers of customers our bar can contain per time. Please note that we are likely going to increase this budget when the need arises especially if we have to explore a more expensive but efficient marketing approach as directed by our marketing consultant. Most competitors are vending alike products. Be aware that in some situations, brand tracking may be concerned with which products the brand reminds. We are subject to high employee turnover because we have many part-time staff who are dedicated to their schooling and may not be able to fulfill all of their responsibilities to our company.
The Franchising contracts have been confirmed in Asia and Europe as part of a global expansion plan. Pollution is a crisis in India, with no recycling and litter being tossed away on the roads. It entered the rapid growth stage after 1990 by acquiring or merging with. However, its impact is limited to the domestic young teenagers. These brands have unique identification a name or a logo that consumers recognize and trust. Boost illustrates the outlook of its business through product life cycle, in order to keep the position in the market and maximise the profit.
Demographic Segmentation Demographic segmentation divides the market into segments based on variables such as age, gender,. Unfortunately, Boost Juice Bars stopped part of business in New Zealand in 2006 after the franchiser due to liquidation. The prices for Boost products such as smoothies, freshly squeezed juices or fruit crushes should be in the same price range as comparable products at direct competitors e. Cloud computing is a new model for the provisioning of dynamically elastic and often virtualized resources at the levels of infras- tructures, platforms and software. In terms of the augmented layer, Boost juice differs from other competitors in terms of its brand, environment-friendly packaging, and bright, vibrant juice bars. A strong message of health and nutrition in Boost advertisements heightens the interest and awareness of the potential consumer, initiating their adoption of Boost products. No investor would want to invest his or hard earned money without assessing the risks involved in the venture and also his or her capability to deliver and make profits from the business.
As a result; an increase in consumer spending power, especially within our primary target audience. Customers may have less interest over the time changed. Therefore, as a response to external environmental competition, Boost Juice continuously develops product variations in order to achieve greater market penetration, aiming to build a high quality service with their outgoing and full energy goods. The franchising system allowed Boost to enlarge at a relative small cost whereas franchisees had to invest for installation for each shop. These differences directly influence the products that industries want to produce because people may even have different attitudes and value toward the same product due to different sociocultural factors. We are closed on all holidays with the exception of Canada Day and New Brunswick Day.
On top of that, Australia has a juices are refreshing and offers a sweeter tasting beverage that is lacks the healthy factor. In Australia once they have accumulated ten points, they are entitled to a free juice or smoothie at any store. Furthermore, tea is sold in almost every available, but it is not tasty and therefore is not a good alternative to Australia where local boutique cafes are popular and street in India and is relatively cheap compared to the price of a smoothies and juices. Juice — squeeze from fresh fruit. The pricing of a product depends on the elasticity of demand. To build better relationship between the brand and the mass, Boost can try to sponsor more large-scale sports events such as Australian open.