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PolYo
Online
Presentation
Made by
Chan Hei Tung Melody 11091496D
Chui Chi Hung Ada 111093448D
Siu Ching Ting Emma 11084627D
Tam Mei Yan Yankie 11298543D
Introduction
    PolYo              has the objectives
- To encourage and provide a healthy eating
habit in PolyU campus
   -To provide yogurt product in a relatively
   reasonable price in PolyU
    -To provide a relaxing, comfortable
    environment for students and staff
      -To create a sense of belongings between
      customers and staff by hiring PolyU students
        -To achieve 10% profit at the end of
        financial period (ie.12 months)
External Environment   Demographic Analysis                              Opportunities:
                                                                          Over 176 programmes
                                              focusing on Polyu           Located close to the high density of office premises 
                                                                            gain a high customer flow
                       Population size and density                        The main consumers of yogurt product children to young
                       29,193 students                                      adults
                       3,554 staff                                        Students love to buy snacks and afternoon tea during
                                                                            breaks of lessons
                       Ethnic:
                       26,087 are Hong Kong locals                       Threats:
                       3,906 come from Mainland Macau and Taiwan          Full-time under-graduate students’ income mainly come
                       241 of them are international                         from pocket money from parents
                       Age:                                               May not able to afford relatively expensive frozen yogurt
                       Average age of full-time students is 22            Our product will set a generally acceptable price in
                       Average age of part-time students is 31               order to generate repeating customers

                       Gender:
                       Gender ratio of full-time students is 0.9 male to 1 female
                       Gender ration of part-time students is 1.3 male to 1 female
External Environment   Economical Analysis
                          1. Hong Kong is facing imported inflation
                          2. Depreciation of US dollars
                          3. Overall consumer prices increase 6.1 %
                         Threats:
                          Imported inflation → the consumer’s purchasing power ↓
                          Continuous increasing in consumer price consequently →
                            production cost ↑ →profit↓
External Environment   Political Analysis
                             1. A set of safety standards and food hygiene code
                             2. Implementation of the minimum wage law

                          Threats:
                           Application of licenses are complicated
                           Cost on safety storage of food is high
                           The status can be withdrawn and delisted once we fail to meet
                             requirements
External Environment   Social Cultural Analysis
                         1. Health beliefs and appearance concerns affect eating habits
                         2. Purchase low fat, low carbohydrate and low calories food
                         3. Product life cycle is short which usually lasts for 3-4 years

                         Opportunity:
                          Yogurt is rich in proteins, calcium and potassium
                          act as a substitute to ice-cream as desert or light
                            snack

                         Threats:
                          Keen competition
                          Trend will fade quickly
External Environment   Technological Analysis
                         1.   Point of sales systems is popular in the selling process
                         2.   Advancement of food processing offer more variety of products to
                              customers


                        Opportunity:
                        • making yogurt drinks and cake with different flavors
                        • creating new product  providing greater variety of choice
                             to customers

                        Threat:
                        • bacteria growth --coliform bacteria
                        • caused by improper maintenance and unclean machine
External Environment   Natural Analysis

                            1. Greenhouse effect  temperature↑
                            2. Summer -longer , Winter- shorter

                         Opportunity:
                         ↑ people cold dessert or drinks

                         Threats:
                          Winter time still exists low season time for our business
                          Using paper or disposable plastic–
                             environmental unfriendly
External Environment       Suppliers Analysis
                           Machines used for making yogurt and the ingredients are
                              easy to be found

                       •     Opportunity:
                       •     directly order from the manufacturer in China
                       •      the retail shop in Hong Kong
                       •     the bargaining power of the suppliers decreases
                       •     price of machine and ingredients can be lower
                       •      Threats:
                       •      food safety problem in mainland China
                       •      Seasonal supply of fresh fruits frustrated purchasing cost
External Environment   Competitors Analysis
                       Product form competition:



                                                   Tutti Frutti

                               Holy Cow
External Environment   Competitors Analysis
                       Product food category:

                                                            LibCafe

                              Caffé HABITU



                                                Lawn Café
External Environment   Competitors Analysis
                       General competitor:
Segmentation                      Targeting
We choose demographic Approach:   Our target customers profile
• Age
• life cycle
                                  Age: 18-30
• family size
• Gender                          Life cycle: adult, single or married
• Income                          Income: $3000 or above
• Occupation                      Occupation: students and teacher
• Education                       Education: college or above
• religion
• race
• nationality
Positioning                           Theatre
                                                       Expensive

                                      Lounge南北
                                          小廚

Physical:                                        LibCafe
                                                            Super- Tutti Frutti
                                                            sandwich
• Unique  get their own Extensive        Holly Cow
                                                                                  Minimum
   choice                   Service                                               Service

• Personnel  well-trained                          PolYo
                                                                       Canteens
   staff from PolyU students
   and familiar faces
                                                    Less expensive
• Image cheap price ,
   healthy dessert and
   environmentally friendly
4Ps   Products
      Frozen Yogurt
      4 flavors :



      Toppings:
4Ps   Products
      Others
      Drinks:
      • Fruit juice
      • Smoothies
      • Coffee
      • Milk Tea
      • Lemon Tea
      Desserts:
      • Pancake
         (with 3 toppings and 100g yogurt)
      • Waffle
         (with 3 toppings and 100g yogurt)
Price
      Cost-based pricing
4Ps

      • Common approach in the restaurant industry
      • Set markup to around 2.5 times of food cost for most
          of products
      Product pricing strategies
      1) Product-bundle pricing

                   +                   = reduce price

      2) Discount pricing in winter

      3) Segment pricing---- Polyu students can enjoy 10% discount
4Ps   Place

    •Direct distribution
    •Easier for us to control the number of products
    •Minimize the risk of dairy products turning deteriorate during the distribution
    •More interaction with customers

 Location:
  Located near the Lawn Café
  Specious allow us to place some outdoor seats
  Indoor area inside is about 250 sqft with 20 seats
  Quiet , comfortable environment
  With the help of Lawn Café (located at the lawn) is popularity↑ flowing population passing
   through the lawn
4Ps   Place
4Ps   Promotion
       Promotional tools:
        Advertising
        Sales promotion
        Direct marketing

       Strategies:
       1. E-mail and school newsletters
       2. Workshops
       3. Banners, flyers, the free-trail service , in-class promotion
       4. Winter programme / Festival decoration
       5. Official website and setup a Facebook Page
Milestones
2000000
1500000
1000000
 500000

     0

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Pol yo

  • 2. Online Presentation Made by Chan Hei Tung Melody 11091496D Chui Chi Hung Ada 111093448D Siu Ching Ting Emma 11084627D Tam Mei Yan Yankie 11298543D
  • 3. Introduction PolYo has the objectives - To encourage and provide a healthy eating habit in PolyU campus -To provide yogurt product in a relatively reasonable price in PolyU -To provide a relaxing, comfortable environment for students and staff -To create a sense of belongings between customers and staff by hiring PolyU students -To achieve 10% profit at the end of financial period (ie.12 months)
  • 4. External Environment Demographic Analysis Opportunities:  Over 176 programmes focusing on Polyu  Located close to the high density of office premises  gain a high customer flow Population size and density  The main consumers of yogurt product children to young 29,193 students adults 3,554 staff  Students love to buy snacks and afternoon tea during breaks of lessons Ethnic: 26,087 are Hong Kong locals Threats: 3,906 come from Mainland Macau and Taiwan  Full-time under-graduate students’ income mainly come 241 of them are international from pocket money from parents Age:  May not able to afford relatively expensive frozen yogurt Average age of full-time students is 22  Our product will set a generally acceptable price in Average age of part-time students is 31 order to generate repeating customers Gender: Gender ratio of full-time students is 0.9 male to 1 female Gender ration of part-time students is 1.3 male to 1 female
  • 5. External Environment Economical Analysis 1. Hong Kong is facing imported inflation 2. Depreciation of US dollars 3. Overall consumer prices increase 6.1 % Threats:  Imported inflation → the consumer’s purchasing power ↓  Continuous increasing in consumer price consequently → production cost ↑ →profit↓
  • 6. External Environment Political Analysis 1. A set of safety standards and food hygiene code 2. Implementation of the minimum wage law Threats:  Application of licenses are complicated  Cost on safety storage of food is high  The status can be withdrawn and delisted once we fail to meet requirements
  • 7. External Environment Social Cultural Analysis 1. Health beliefs and appearance concerns affect eating habits 2. Purchase low fat, low carbohydrate and low calories food 3. Product life cycle is short which usually lasts for 3-4 years Opportunity:  Yogurt is rich in proteins, calcium and potassium  act as a substitute to ice-cream as desert or light snack Threats:  Keen competition  Trend will fade quickly
  • 8. External Environment Technological Analysis 1. Point of sales systems is popular in the selling process 2. Advancement of food processing offer more variety of products to customers Opportunity: • making yogurt drinks and cake with different flavors • creating new product  providing greater variety of choice to customers Threat: • bacteria growth --coliform bacteria • caused by improper maintenance and unclean machine
  • 9. External Environment Natural Analysis 1. Greenhouse effect  temperature↑ 2. Summer -longer , Winter- shorter Opportunity: ↑ people cold dessert or drinks Threats:  Winter time still exists low season time for our business  Using paper or disposable plastic– environmental unfriendly
  • 10. External Environment Suppliers Analysis Machines used for making yogurt and the ingredients are easy to be found • Opportunity: • directly order from the manufacturer in China • the retail shop in Hong Kong • the bargaining power of the suppliers decreases • price of machine and ingredients can be lower • Threats: • food safety problem in mainland China • Seasonal supply of fresh fruits frustrated purchasing cost
  • 11. External Environment Competitors Analysis Product form competition: Tutti Frutti Holy Cow
  • 12. External Environment Competitors Analysis Product food category: LibCafe Caffé HABITU Lawn Café
  • 13. External Environment Competitors Analysis General competitor:
  • 14. Segmentation Targeting We choose demographic Approach: Our target customers profile • Age • life cycle Age: 18-30 • family size • Gender Life cycle: adult, single or married • Income Income: $3000 or above • Occupation Occupation: students and teacher • Education Education: college or above • religion • race • nationality
  • 15. Positioning Theatre Expensive Lounge南北 小廚 Physical: LibCafe Super- Tutti Frutti sandwich • Unique  get their own Extensive Holly Cow Minimum choice Service Service • Personnel  well-trained PolYo Canteens staff from PolyU students and familiar faces Less expensive • Image cheap price , healthy dessert and environmentally friendly
  • 16. 4Ps Products Frozen Yogurt 4 flavors : Toppings:
  • 17. 4Ps Products Others Drinks: • Fruit juice • Smoothies • Coffee • Milk Tea • Lemon Tea Desserts: • Pancake (with 3 toppings and 100g yogurt) • Waffle (with 3 toppings and 100g yogurt)
  • 18. Price Cost-based pricing 4Ps • Common approach in the restaurant industry • Set markup to around 2.5 times of food cost for most of products Product pricing strategies 1) Product-bundle pricing + = reduce price 2) Discount pricing in winter 3) Segment pricing---- Polyu students can enjoy 10% discount
  • 19. 4Ps Place •Direct distribution •Easier for us to control the number of products •Minimize the risk of dairy products turning deteriorate during the distribution •More interaction with customers Location:  Located near the Lawn Café  Specious allow us to place some outdoor seats  Indoor area inside is about 250 sqft with 20 seats  Quiet , comfortable environment  With the help of Lawn Café (located at the lawn) is popularity↑ flowing population passing through the lawn
  • 20. 4Ps Place
  • 21. 4Ps Promotion Promotional tools:  Advertising  Sales promotion  Direct marketing Strategies: 1. E-mail and school newsletters 2. Workshops 3. Banners, flyers, the free-trail service , in-class promotion 4. Winter programme / Festival decoration 5. Official website and setup a Facebook Page
  • 23.