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 Established in Singapore in 2008
 LuxuryTea brand with over 800 unique tea blends and
200 varieties
 Retail and premium tea salons in 14 countries
worldwide
 Offers tea accessories and tea infused patisseries
Strengths Weaknesses
1. High Product Quality 1. Unappealing digital and
social media presence
2. Wide ProductVariety 2. Lack of vertical integration
3. HighlyTrained Staff
4. Unique aesthetic appeal of
salons
Opportunities Threats
1. Growing health and wellness trend 1. ExistingCompetition
2. Establishment ofTea Academy in
Canada
2. Substitute Products
 Political
 Stability of Canadian political environment
 Minimal government intervention in business except mainly
through:
 taxation
 labor laws
 Economical
 Canada has a growing and vibrant economy with :
 low interest rates
 stable inflation rates
 strong currency
 Social
 Diverse cultural society
 Growing population
 Relatively good earning power of residents
 Technological
 Advanced technological society
 Technology is widely used in areas such as:
 Manufacturing/Production
 Communication
 Research and Development
Demographic
• Male and Female
• Age 20 and above
• AboveAverage Income
Psychographic
• Appreciate Experiential Products
• Status Seekers
Geographic
• Toronto
To spread the tea drinking culture among
Canadians (and tourists to Canada) by providing
rare and sophisticated tea blends and creating a
unique tea drinking experience in our salons.
 Become a market leader in the luxury tea
category in the next 5 years
 Reach profitability within two years
 Maintain at least 10% growth annually
 High-end experiential environment
 Luxurious salon aesthetics
 Offer unique blends
 Innovative brewing techniques
 Personnel:Tea specialist
 TeaTasting Events
 Tea Sampling Kiosks
 PositionTWG as the Haute Couture ofTeas
 Tie-ups with other luxury lifestyle brands
4 P’s: Product Highest QualityTea
 Over 800 different single-estate, fine harvest
and exclusive blends of tea
 Offers a variety from loose teas, packaged
teas to tea bags and tea collections
The White HouseTea Yellow Gold BudTea
4P’s: Product
 LuxuriousTea Salon
 European and Asian blend decor
 Highly trained knowledgeable staff
Tea Service
Luxury Experience
Basic Experience
High
Quality
Low
Quality
4P’s: Place
• Fairmont Hotels
and Resorts
Wholesale: premium hotels and restaurants
4P’s: Place Retail:TWG salon
• Yorkdale
Shopping
Centre
4P’s: Place
• WHOLE
FOODS
Retail: high-end retailers
4P’s: Place
• Web-site
• Mobile phone
application
E-commerce
4P’s: Promotion
“Wide variety of
tea of superb
quality for elite,
for those who
appreciate a
luxury and
sophisticated
experience”.
Product message
• Articles in life-
style magazines
and web-sites
• Articles in
business
oriented issues
• Blogger’s posts
(food, lifestyle)
4P’s: Promotion Public Relations
4P’s: Promotion
• Celebrities’
presence on
TWG events
• Seek
connection
with Royal
Family
Celebrity Endorsement
4P’s: Promotion
• Toronto
FashionWeek
Events and Sponsorship
4P’s: Promotion
• Our clients will
be our brand
ambassadors
Word-of-mouth
4P’s: Promotion
• Country
Specific
Social Media
 Implement Premium Price Strategy in Canada
 Set a benchmark of 15% higher prices than Singapore
prices
Product David’sTea TWGTea
LooseTeas CAD 4.50 – 24.50 CAD 6.50 – 854.50
PackagedTeas CAD 6.00 – 54.50 CAD 40.50 – 750.00
Tea Bags CAD 6.00 – 39.50 CAD 25.00
Tea Accessories CAD 2.50 – 250 CAD 5.00 – 13,075.00
Price Comparison
27,000,000
29,700,000
34,155,000
40,986,000
53,281,800
1,000,000 1,100,000 1,265,000 1,518,000 1,973,400
2014 2015 2016 2017 2018
5Year Sales Projection forTWGTea
$ Sales Cups of Tea & Desert Sold
Entry of similar competitors.
• ensure high product quality
• intensify communication of strengths
Interruptions of raw materials supplies.
• maintain strong relationships with suppliers
Food contamination
• follow standard procedure
Lawsuits
• hire the best law firm
Twg Presentation

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Twg Presentation

Hinweis der Redaktion

  1. https://www.youtube.com/watch?v=r5ry90BYn74
  2. CHANCHE THIS
  3. I ‘ll tell you about places where can you find this beautifull tea. We will apply a multi-channel strategy that combines wholesale, retail and e-commerce channels.
  4. Wholesales is extremely important channel, because according to Taha Bouqdib it “has more growth potential since involves less investment than starting a retail concept”. We decided on distribution to upscale hotels in Toronto. We goona start with airmont Hotels and Resorts, because it is one of the most iconic Canadian prestige hotel chains.
  5. TWG should also distribute its products through high-end retailers. The brand has been successful in its partnership with Dean & DeLuca in the United States. And there is news of their possible expansion in the Canadian market. So we can greatly benefit from such partnership in Canada as well/ In addition, we TWG must explore distribution opportunities through Whole Foods which has a strong image as gourmet grocery store.
  6. we will sell through an e-commerce channel to enable our customers to buy tea online.
  7. Public relations is a main mode of luxury brand promotion. Promotional articles will be placed in magazines and websites that are lifestyle oriented highlighting topics such as leisure, food and lifestyle. Also we will attract an army of lifestyle blogger to promote out tea.
  8. We don’t need them to be our official endorser but a couple of the pictures with our cups is their hands will make us famous.
  9. Events such as Toronto Fashion Week will give us a sense of connection with Canada’s high society.
  10. Word-of-mouth: We expect that since we provide superb products and unique experience, our clients will become our brand ambassadors.
  11. TWG is present on each popular social media platform, however we think it could be helpful to develop canadian branches for each platform so that canadian can see just international and canadians news and not be bothered by irrelevant events from all over the world.
  12. We will make sure that our product is the best and intensify the communication of our strengths We maintain strong relationships with different suppliers all over the world to ensure steady We have standard procedure (просиджер) which includes: public apology, internal investigation and further improvement of food handling method, PR realize about the improvement.