Situation Analyses + Relationship Marketing
Brand/Company: Bandit Coffee Co., St. Petersburg, FL
Scenario: Expanding Bandit Coffee Co. to Charlotte, NC
Bandit One Liner: At Bandit, we recognize that getting through a 9-5 can be difficult these days, we provide a Wi-Fi free, relaxing environment so you can take a break from the spreadsheets and enjoy a cup of cold brew to keep you going until EOD.
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Location: Charlotte, NC, USA
Political
Trade relationships with international coffee distributors
Political unrest in coffee-producing countries
Trade restrictions
Economical
Implementation of high tariffs on coffee products
Limited disposable income among the majority of the population
Currency exchange rates
Unemployment
Social
Demographics - coffee drinkers in all generations, cultures, and lifestyles
Global tribes
Health and wellness trends
Technological
`Apps - reward/loyalty programs
Mobile and/or tap to pay
Self-service registers
Environmental
Water availability
Sustainable production
Climate change
Natural Disasters
Legal
FDA Regulations
Changes in domestic or international regulations
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Strengths
Makes their own coffee
Offers indoor and outdoor seating and to-go options
Offers breakfast and lunch food, including vegan and gluten-free options
Offers coffee alternatives: Matcha Tea, Chai Tea, Kombucha
Offers seasonal drink and food options
Makes drink at the register - faster service
Weaknesses
No Wi-Fi
Does not offer cold brew (one of the most popular products) for bulk purchase like the coffee grounds
Only offers order-ahead pick-up service on the weekends
Can be expensive depending on the product
Opportunities
Large target market in the coffee industry
Start a “bring-your-own-growler” service to offer cold brew in bulk or bottle it
Consistent seasonal opportunities
Partnerships with local small businesses
Tabling at local markets
RELATIONSHIP MARKETING STRATEGY:
Punchcard program - buy 10 coffees, get one free
Loyalty app - join the app get a free beverage, get points as you use the app for more rewards
Comment boxes at the entrance/exit
AI personalized menu suggestions in the app
Threats
Coffee industry is highly saturated, needs to standout
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Starbucks
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Price range: $4-8
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Offers variety of drinks and apparel
Makes their own coffee
Price range: $4-8