Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
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MövenPick <strong>of</strong> Switzerland:<br />
Basic Company Information<br />
� Location: Gulshan<br />
� Established in: 2000<br />
� Seating Capacity: 55<br />
� Owner: Mr. Arif Mahmud<br />
� <strong>Business</strong> Type: Franchise <strong>of</strong> International MövenPick<br />
� Storage Capacity in Shop: 150 litres<br />
Product Related Information<br />
� Product: Imported MövenPick ice <strong>cream</strong>s, c<strong>of</strong>fee, chicken sandwich and Frappe<br />
� Flavours: Around 30 to 35 flavours available<br />
� Most selling: Swiss Chocolate, caramel, Vanilla Dream, Espresso, Strawberry<br />
� Innovations: New variants are communicated by their franchiser and they decide on flavours that<br />
they want.<br />
� Serve type: Cup, Cone, Glasses, Box for take away<br />
Consumer Pr<strong>of</strong>ile<br />
� Primary: Teenagers and Young Adults (18-30) (70%) & Diplomats<br />
� Secondary: Family consumers for eat out<br />
� Income Group: High income customers; tentatively from SEC A<br />
� Geographic Area: Concentrated in Gulshan and nearby areas.<br />
� Rush time: Afternoon- Young Adult, 10 to 11 pm Foreigners<br />
� *the company also serves at parties and has freezers in known hotels where their ice <strong>cream</strong>s are<br />
served.<br />
Sales and Price Information<br />
� Sales: BDT 35-40,000 daily in summer.<br />
� Price: 640 per litre for any flavour.<br />
� Sales Volume: 55-60 litres per day<br />
Supply Chain/ Placement Information<br />
� Transportation: Imported finished goods by ship.<br />
� Ship travel time: 19 days<br />
� Port clearance: 10 days<br />
� Safety Cushion: Extra 10 days<br />
Promotional Materials<br />
� Materials used are near premises POS materials for promoting the parlour only.<br />
Table 24: Detail <strong>of</strong> MövenPick <strong>of</strong> Switzerland<br />
<strong>Evaluation</strong> <strong>of</strong> <strong>Entry</strong> <strong>into</strong> <strong>Ice</strong> <strong>cream</strong> <strong>Business</strong> for Bangladesh Limited 39