PROPOSED MARKETING STRATEGY OF âCOOKIES N CHILLâ BASED ON NEW NORMAL BAKED GOODS BUSINESS ECOSYSTEM
Cookies n Chill is a local culinary brand that focuses on American-style cookie, officially launched on January 1 st , 2020. Cookies n Chill products are hoped can share the joy to anyone who enjoys it. The company experienced sales decreased in April 2020. Consumer behaviour has changed due to...
Saved in:
Main Author: | |
---|---|
Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/53082 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | Cookies n Chill is a local culinary brand that focuses on American-style cookie, officially
launched on January 1
st
, 2020. Cookies n Chill products are hoped can share the joy to anyone
who enjoys it. The company experienced sales decreased in April 2020. Consumer behaviour
has changed due to the COVID-19 pandemic that began to spread in Indonesia. The purpose
of this research is to determine the right business strategy for the current situation and find out
how to grow business transactions and the volume of customer interactions to survive at
critical times.
This study uses internal and external analysis to determine the company's condition and
determine the source of the problems. For internal analysis, this study uses Business Process
Analysis and Existing Business Model Canvas. For the external analysis, the company uses
Customer Analysis to determine further customer wants and needs, Porters Five Forces to
analyze the industry's state, and Competitor Analysis as a company's reference in taking action
and innovating. After knowing its internal and external conditions, the marketing variable was
chosen as the most crucial problem. It expected to help solve other Cookies n Chill problems.
With Proposed Marketing Strategy (Marketing Mix 7P) and Proposed Business Model
Canvas, recommendations that can be given in this study are adding a new menu for a niche
market; healthy cookie lines. In the future, it is possible to add new variants according to
market demand. Social media optimization, such as Instagram and Twitter, is also needed for
promotional purposes. Food blogger recommendations and Facebook ads are also Cookies n
Chill marketing strategies. Business expansions strategies are consignment partnership with
coffee shops and registering as a tenant in food festivals after the COVID-19 pandemic has
ended. At the same time, additional employees are needed after business transactions have
improved. After the analysis has been described, action plan timeline is created to
implementing all business strategies in the current situation. In addition, strategies that can be
implemented after the COVID-19 pandemic ends will be included in the list of future plans.
|
---|