IJAAFMR200804
IJAAFMR200804
IJAAFMR200804
www.ijeais.org/ijaafmr
22
International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
ISSN: ISSN: 2643-976X
Vol. 4, Issue 8, August – 2020, Pages: 22-29
3. Political forces. There are no expected political influences or events that could affect the operations of drink coffee ceremony
marketing. At this time a great important for the political force in the small creativity of work.
4. Legal and regulatory forces. In recent years, more attention for traditional coffee ceremony in Addis Ababa and regional cities
by small micro economic force, then it has been paid Brothers drink coffee marketing ceremony in Ethiopia. While there is not give
a great attention Ethiopian legislation may be introduced to curb the tide of advertising delivered through the mail, the fact that
drink coffee marketing ceremony are no need diverting their promotion to specialty advertising indicates that most Ethiopian can
to preparing the potential for increased international legislation at coffee ceremony in Ethiopia.
5. Technological forces. In our country at this time one of developing country in the world, then at this time major emerging
technological trend involves personal information exchange and the development of cultural coffee ceremony, or personal
exchange of information assistants. A personal exchange of information assistant is a handheld coffee ceremony at this time,
similar in size to a wide center, which can wide center a wide variety of center, including personal notes, addresses, and a different
centers. As this trend continues, currents drink coffee marketing ceremony -based products may have to be adapted to match the
new coffee ceremony in Ethiopia.
6. Socio cultural forces. In today’s society, consumers have more time for leisure. The hallmarks of today’s successful ceremony
of coffee are convenience and ease of use. In short, if the ceremony does save time and is easy to use, con-summers will simply
ignore it. Drink coffee marketing ceremony -based centers fit this consumer need quite well. A traditional drink coffee marketing
ceremony -based centers also fits in with other societal trends at coffee ceremony each region at this time.
1.2. Target Market(s)
By focusing on commitment to service and quality traditional coffee ceremony, now in Ethiopian traditional coffee drink marketing
ceremony has effectively implemented a function differentiation strategy in a somewhat diverse marketplace. Its ability to
differentiate its traditional coffee ceremony has contributed to superior annual returns. Its tar-get market consists of traditional
ceremony of coffee very small corporations that move their products through dealers. Its most profitable product is a traditional
coffee ceremony program for a based center. Clients use this coffee ceremony as a without promotional tool, providing a disk to
their customers as an advertising premium. The traditional coffee ceremony is not produced for resale. It is direct use for our
customers.
The traditional coffee ceremony began as an auxiliary product to coffee ceremony business. However, due this led to the sale of the
commercial printing plant and equipment to employees. Coffee ceremony has maintained a long-term relationship with these
former employees, who have added capabilities to reproduce traditional coffee ceremony and whose serves as coffee ceremony’s
primary supplier of finished coffee for community. The coffee ceremony staff focuses on the further development and marketing of
the traditional coffee drink ceremony.
1.3. Current Marketing Objectives and Performance
The traditional coffee drink ceremony sales representatives call on potential clients and, help them create a traditional coffee drink
ceremony preparation. Once the sale has been finalized, brothers completes the concept, including design, brand, and
customization of the demonstration traditional coffee ceremony. Specifications are then preparation to the user, located about a in
Addis ababa same sub-city. Perhaps what most differentiates brothers from its competitors is its high level traditional coffee
ceremony of service. traditional coffee ceremony can be shipped to same location the buyer specifies. Since traditional coffee
ceremony development and customization of this type can require significant amounts of time and effort, particularly during the
traditional coffee ceremony first year, brothers deliberately pursues a strategy of steady, managed growth.
The traditional coffee drink ceremony markets its products on a company-specific basis. It has an approximate an average
customer-reorder relationship of about four years. The first year in dealing with a new customer is the most stressful and time
consuming for coffee drink ceremony’s sales people and product developers. The subsequent years are faster and significantly
more profitable.
The traditional coffee drink ceremony is currently debt free except for the loan on its facility from government. However, about 80
percent of its accounts receivable are billed during the last three months of the calendar year. Seasonal account billings, along with
the added travel of its sales staff during the peak season, pose a special challenge to the coffee drink ceremony.
The need for cash to fund operations in the meantime makes it necessary for the traditional coffee drink ceremony to borrow
significant amounts of money to cover the period until customer billing occurs. The traditional coffee drink ceremony marketing
objectives include increases in both revenues and profits of approximately 10 percent over the each year. Revenues should exceed
100,000 birr, and profits are expected to reach 50,000 birr.
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International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
ISSN: ISSN: 2643-976X
Vol. 4, Issue 8, August – 2020, Pages: 22-29
2. SWOT ANALYSIS
2.1. Strengths
1. The traditional coffee drink ceremony differentiation strategy is the result of a strong marketing orientation, commitment
to high quality, customization of ceremony and give services.
2. There is little turnover among employees who are well compensated and liked by customers. The relatively small size of
the staff promotes camaraderie with coworkers and clients, and fosters communication and quick response to clients’
needs.
3. A long-term relationship with the primary supplier coffee has resulted in shared knowledge of the product’s requirements,
adherence to quality standards, and a common vision throughout the development and coffee drink ceremony process.
4. The high percentage of reorder business suggests a satisfied customer base, as well as positive word-of-mouth
communication, which generates some of new business coffee drink ceremony each year.
2.2. Weaknesses
1. Too few people hold too much knowledge.
2. Despite the successful, long-term relationship with the Ethiopian people’s coffee drink ceremony, coffee drink ceremony
vulnerable in the event of a natural of the current supplier. Contingency plans for suppliers should be considered.
3. The traditional nature of the ceremony line creates bottlenecks places excessive stress on personnel, and strains the
facilities.
4. Both the ceremony line and the client base diversification coffee drink ceremony.
5. The coffee drink ceremony is reactive rather than assertive in its marketing efforts because of its heavy reliance on
positive word-of-mouth communication for obtaining new business.
6. The coffee drink ceremony current facilities are crowded. There is little room for additional employees or new equipment.
2.3. Opportunities
1. The potential for coffee drink ceremony growth is significant in Addis Ababa at this time.
2. The personal information managers have gained popularity.
3. As Ethiopian traditional coffee ceremony look for ways to develop customer relationships rather than just close sales,
4. This relationship cultural development of community could come in the form of acceptable premiums or gifts that are
useful to the customer.
5. The traditional coffee ceremony of business creates a great opportunity to establish new client relationships in foreign
markets.
2.4. Threats
1. The traditional coffee ceremony in Addis Ababa relationships with eliminates them altogether not attention same
community.
2. The technology, knowledge, and equipment required to ceremony such an item, even a traditional-based one, are minimal.
3. The possible entry of traditional coffee ceremony competitors is a significant threat.
4. Traditional Specialty advertising through promotional items relies on gadgetry and ideas that are new and different.
5. Single-sourcing can be detrimental or even fatal to a ceremony
6. The coffee drinking ceremony buyer supplier relationship is damaged has financial difficulty.
7. Competition from traditional ceremony and other publicity items is solid.
2.5. Matching Strengths to Opportunities/ Converting Weaknesses and Threats
1. The acceptance of traditional at this time and the desire to control time create a potential need for a ceremony-based.
2. The traditional coffee drink ceremony has more opportunity for business growth during its peak season than it can
presently handle because of resource perception development.
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24
International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
ISSN: ISSN: 2643-976X
Vol. 4, Issue 8, August – 2020, Pages: 22-29
3. The traditional coffee drink ceremony must modify its empowering its employees through a more decentralized marketing
organization.
4. The traditional coffee drink ceremony should discuss future growth strategies with its supplier and develop contingency
plans to deal with unforeseen events.
5. Possible satellite facilities in other geographic locations should be explored.
6. The traditional coffee drink ceremony should consider diversifying its product line to satisfy new market niches and
develop non seasonal products.
7. The traditional coffee drink ceremony should consider surveying its current customers and
8. Its customers’ clients to gain a better understanding of their changing needs and desires.
3. MARKETING OBJECTIVES
The traditional coffee drink ceremony is in the business of helping other traditional ceremony market their services. Besides
formulating a marketing-oriented and customer focused mission statement, the traditional coffee drink ceremony should establish
an objective to achieve cumulative growth in net profit of at least 10 percent over the next four years. At least half of this 10
percent growth should come from new, ceremony customers and from products that are non-seasonal.
To accomplish its marketing objectives, the traditional coffee drink ceremony should develop benchmarks to measure progress.
Regular reviews of these objectives will provide feedback and possible corrective actions on a timely basis. The major marketing
objective is to gain a better understanding of the needs and satisfaction of current customers. Since the traditional coffee drink
ceremony is benefiting from a 50 percent reorder rate, it must be satisfying its current traditional customers. Space could use the
knowledge of its successes with current clients to market to old customers. To capitalize on its success with current clients,
benchmarks should be established to learn how the traditional coffee drink ceremony can improve the ceremony it now offers
through knowledge of its clients’ needs and specific opportunities for new product offerings. These benchmarks should be
determined through marketing research and Star’s marketing information system.
Another objective the traditional coffee drink ceremony should be to analyze now uses to determine if there are ways to bill
accounts receivable in a more evenly distributed manner throughout the year. Alternatively, repeat customers might be willing to
place orders at rotten-peak cycles in return for discounts or added customer services.
The traditional coffee drink ceremony also should create traditional ceremony that can utilize its current equipment, traditional, and
knowledge base.
4. MARKETING STRATEGIES
4.1. Target Market(s)
Target market 1: Large societal acceptance divisions of large corporations with extensive distributor networks.
Example: An Ethiopian farmer producer coffee south and western Ethiopian distributes its products to numerous rural “feed and
seed” dealers.
Target market 2: Coffee ceremony preparation segments of the business to business market with extensive customer interesting
for financial planners at coffee ceremony.
Example: Various sporting goods ceremony distributes to specialty ceremony dealers in coffee. bowling with national tour dates.
Target market 3: Direct consumer markets for brands with successful licensing arrangements for consumer ceremony, such as
Ethiopian coffee association and producers support.
Example: Products with major brand recognition and fan club membership, Ethiopian small micro-finance, government of
Ethiopia, Brands with licensing agreements for consumer products could provide a market for consumer coffee ceremony
preparation in addition to the specialty advertising product, which would be marketed to the ceremony/dealer.
Target market 4: Ethiopia coffee ceremony associations that regularly hold or sponsor trade shows, meetings, conferences, or
conventions
Example: National coffee association and producers by promoting the ceremony coffee, such as the National coffee producers and
exporter Association or the Ethiopian Marketing Association, micro financial could be developed for any place.
www.ijeais.org/ijaafmr
25
International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
ISSN: ISSN: 2643-976X
Vol. 4, Issue 8, August – 2020, Pages: 22-29
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26
International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
ISSN: ISSN: 2643-976X
Vol. 4, Issue 8, August – 2020, Pages: 22-29
1 To Assign the position of marketing team leader The marketing team leader will serve as project leader of a x
new business analysis team,
3 Assign members of the analysis team to each of Research potential new product offerings and clients. x x
the projects.
4 To Assess the practice of coffee ceremony. Analyze the practices coffee ceremony. x x
Design a customer view and perceptions in ceremony.
5 The team leader will report the results of their The full business analysis team will review all x x
analyses. recommendations.
6 Finalize a customer satisfaction survey for The business analysis team is responsible. x x x
current clients.
7 Analyze and report the results of all customer The marketing team leader is responsible. x x
satisfaction surveys and evaluate the new
product offering.
8 Reestablish the objectives of the business The marketing team leader is responsible. x x
analysis team for the next new year.
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International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
ISSN: ISSN: 2643-976X
Vol. 4, Issue 8, August – 2020, Pages: 22-29
Total 19,664,00
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13
International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
ISSN: ISSN: 2643-976X
Vol. 4, Issue 8, August – 2020, Pages: 22-29
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