Báo cáo cuối kỳ môn Hành vi người tiêu dùngI.INTRODUCTION3A.Rational3B.Consumer Behavior intro3II.BODY3A.Industry Product background31.The Coffee industry in Vietnam32.Brief introduction about the company43.Historical Development of the company5B.Product introduction5C.Indepth interview5D.Key insight51.DecisionMaking perspective52.Product Choice: How Do We Decide?63.Nghia evaluate of Highlands6E.Reccommend61.Promotion strategy62.Frequency promotion73.Indication7III.CONCLUSIONS7
Trang 1FINAL REPORT CONSUMER BEHAVIOR OF HIGHLAND COFFEE
Thành phố Hồ Chí Minh, ngày 23 tháng 8 năm 2020
Instructors: Mr Nguyen Dinh Cuong
Group: Dream Makers
Member:
1 Mã Các Tường
2 Trần Thị Hồng Cẩm
3 Nguyễn Thị Ngọc Mai
4 Phạm Thị Mỹ Linh
5 Phạm Ngọc Ánh
6 Nguyễn Thị Thanh Phương
7 Trần Trịnh Hoài Bảo
8 Lý Bảo Thư
Trang 2TABLE OF CONTENTS:
I INTRODUCTION 3
A Rational 3
B Consumer Behavior intro 3
II BODY 3
A Industry / Product background 3
1 The Coffee industry in Vietnam 3
2 Brief introduction about the company 4
3 Historical Development of the company 5
B Product introduction 5
C In-depth interview 5
D Key insight 5
1 Decision-Making perspective 5
2 Product Choice: How Do We Decide? 6
3 Nghia evaluate of Highlands 6
E Reccommend 6
1 Promotion strategy 6
2 Frequency promotion 7
3 Indication 7
III CONCLUSIONS 7
Trang 3I INTRODUCTION
A Rational
Vietnam today stay in the second place in the ranking of top three coffee exporters and the production forecast to be growing year by year together with the exanding on coffee plantation area intil 2015 Besides, the coffee consuming
in Vietnam also ranked high place in the ranking of coffee consumer in the world Knowing the potential of Vietnamese market, coffee shop grow like mushroom after rain in Vietnam from famous brand like Starbucks, The Coffee Bean & Tea Leaf to domestic brand such as Passio, Urban Station, Thuc Coffee and finally we chose Highlands Coffee for our assignment topic about Consumer Behavior The reason why we chose this organization is that “ Highlands Coffee “ is one of the F&B brand and also one of the most famous coffee chains in Vietnamese market and in the developing process
B Consumer Behavior intro
We do this research with the purpose to study what the main customer of Highlands behave and thins In 3 different process, including Deccesion Making process to find out what they look for at a coffee shop about the price, product, places and the spaces The next process it the produce choice: How do
we Decide?, which study the behavior of a customer when standing in-front of a coffee shop menu to know how they choose, what they choose, what can make them notice us, … And the final stage it how the customer feedbacks on our branch to personally know what they like and don’t like about us and after three stages we going to give out recommendation promotion plan based on what we just studied from our target customers
II BODY
A Industry / Product background
1 The Coffee industry in Vietnam
In Asia, Indonesia, Thailand and Vietnam are the fastest growing coffee markets
in the world The boom in the Asian coffee market is fueled by innovations and innovations in coffee products
Coffee exports in the first half of 2020 earned an estimated US$1.6 billion, a year-on-year rise of 2.5%, according to the Import-Export Department under the Ministry of Industry and Trade
• The volume shipped during the first six months of the year reached 955,000 tonnes, up 3.7% compared with the same period last year
Trang 4• The average export price of coffee in the January-June period was approximately US$1,685 per tonne, a year-on-year decrease of 1.2%
The output volume grows accordingly, which promotes the processing, sales and export of coffee beans Coffee has formed a complete industry chain in Vietnam, which is also an important part of Vietnamese economy providing millions of job opportunities Presently, Vietnam forms strong production capacity of coffee bean rough processing and deep processing The designed rough processing capacity is 1.5 million tons/year, coffee bean baking and coffee powder processing capacity is 52,000 tons/year and instant coffee production capacity is 36,500 tons/year
Picture 1:Coffee export volumes worldwide in January 2020, by leading
countries
2 Brief introduction about the company Highlands Coffee is a trademark of Viet Thai International Joint Stock Company (VTI) Viet Thai International is a 100% Vietnamese joint stock company The main office is located in Hanoi and the transaction office is located in Ho Chi Minh City Founded in 1998 and focused only on packaged coffee, in 2002, the first Highlands Coffee cafe was officially launched Up to now, there have been more than 40 shops operating throughout Vietnam Highlands Coffee is confident in a sustainable future with the country's growth and growth
Highlands Coffee always wants to bring customers the feeling of a traditional and immortal value Highlands Coffee strives to bring customers a sense of a part of the modern dynamic life in parallel with the unique and long-standing cultural traditions of Vietnam All of these things are evident in:
Trang 5Coffee culture: We are proud to serve Robusta coffee with Vietnamese style
along with Arabica products with international flavor
Service culture: Enthusiastic and considerate as "guest come to play"
(Source: http://www.highlandscoffee.com.vn
)
3 Historical Development of the company
htt p://www.brandsvietnam.com/17153-Chuoi-ca-phe-Highlands-Coffee-dan-dau-thi-truong
B Product introduction
Product lines:
Product line 1: Traditional Coffee
Product line 2: Espresso Coffee
Product line 3: Freezee
Product line 4: Tea
Product line 5: Other drinks
Product line 6: Highlands cans
Product line 7: Instant coffee
Product line 8: Coffee Bean
Product line 9: Break
Product line 10: Other food
C In-depth interview
Time issue: 7:30 pm Tuesday, August 12, 2020
Location: Highland coffee republic (Lotte cinema republic)
Space: Infusing, vibrant, rhythmic
Temperature: 20oC- 23oC
2000:
Producing
packaged
coffee.
2002: First store opened
in HCMC.
2018: 233 stores across Vietnam
Trang 6D Key insight
1 Decision-Making perspective After doing research we can conclude that Nghia don’t usually make a research and he just go everywhere his friends goes
Price: Nghia favorite price range is from 20.000 to 40.000 vnd and will accept higher price when he go with friends And he also love Vietnamese street coffee with low price, it make he feel Vietnamese life-style
Product: He like simple taste coffee but he mostly focus on health and the coffee ordinary But he specialize the after taste But Nghia demand a diversity of the menu
People: Nghia really appreciate a friendly employee who can make you feel like home And he prefer being serve than self-serve he thinks it make it money feel worth
Place: Nghia like noisy place to easily can communicate or having a fun time with his friends And he want the location at near at possible to malls, workplace
…
2 Product Choice: How Do We Decide?
Nghia usually spent half a minute or one to decide what to order when he see the menu But he mostly just re-order previous order from last time When it come
to price or product he will prioritize the price, but he still consider taste come into the room
3 Nghia evaluate of Highlands
• Highlands employee is really friendly, professional and they make
he feel welcome But most specially they don’t create pressure of ordering like other places
• Highlands price is worth for it product
• Higlands drinks is really unique and have quite good taste
• Smart location always appear around hotspot
• But Higland can-not created the after taste that he wanted as he expected Nghia said that Highland have really good original product
• Rated: 9/10
• Ranking: 2/5
• Why Nghia choose Highlands is because Nghia really appreciate the good price, service and space of Highland brand The drinks is good have the right price with university students and a fun space
to easily communicate with friends What Nghia unhappy about Highland: Highland haven’t used any enviroment friendly product
Trang 7E Reccommend
1 Promotion strategy Customers tend to go out for coffee when invited by their friends, based on the psychology of going in large groups with friends, customers often want to focus
on choosing to get a more economical and beneficial price rather than a bonus Therefore, Highland Coffee can provide promotion strategíe for group buying to motivate customers
The Highlands Coffee proposal can apply programs such as group discounts, gifts for customers when buying more than 200.000d/ bill, buy 2 get 1 free,…
In addition, Highland Coffee can create short-term campaigns to attract groups when there is a need to go to coffee such as: shaping packaging for products to checkin, creating photobooth check-in, check-in program to be get discounts for groups
2 Frequency promotion Hao usually go to coffee to work regularly 5-6 times/week Therefore, it is very important that Highland Coffee has programs to promote and attract customers
to come back
Suggesting Highland Coffee can develop a point-of-sale application for customers, promotions if customers use Highland Coffee continuously for 3 days, give Highland Coffee-branded gifts to remind customers of the brand row Hao can work from morning to noon, to facilitate lunch, Highland Coffee can have Happy Lunch combos to serve customers
Normally, Hao will sit at the coffee shop to work 3-4 hours, morning / afternoon Therefore, the Highland needs to pay attention to the position of the tables and chairs to create a comfortable feeling, quiet space, suitable music in the morning and afternoon, and add power outlets for the convenience of workers who need charging laptop or phone battery
Working 3-4 hours, Hao will drink all the water he ordered and may need more water or order more Therefore, Highland Coffee should refill fresh water for free service or they can discount strategy when customers order a second drink
of the day
3 Indication Hao usually will not spend too much time on choosing dishes, so Highland should highlights for some special dishes on the menu, it avoids the case of customers being overwhelmed by too many items, and highlighting one number
of items will help increase their favorite drinks and brand love of customers when coming to Highland
The Highland proposal should eye-catching the menu design and include high recommend icons for customers, such as: best, new, must try,
Trang 8Hao also tends to order more when seeing desserts introduced or advertised by the staff at the cashier, customers will be forced to look at the cashier at checkout, that's when Highland Coffee banners to introduce new products/discounts/events that Highland wants to customers are impressed Recommended Highland to advertise banner at the cashier, mini banner on each table, login wifi
Hao tends to find cafes near their location, therefore, Highland Coffee should combine running social advertising in around buildings, co-working space, schools, along with the posters advertising on elevators or certain locations in the above locations
III CONCLUSIONS
As for Hao, introverted people like Hao tend to look from the outside to assess if the space inside is suitable for them And research on Hao shows that customers tend to focus more easily on menus thanks to more realistic images and tend to buy side dishes when they are displayed next to the money counter Since the work is mainly done by computer, a special requirement is necessary that any power plug is available for use Finally, because he often had to sit for a long time, Hao often had no water to drink, leading to disappointment with the service