tim horton's potential new entrant
TRANSCRIPT
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Entering theNew Era
Presented By:
Kamaldeep Singh
Tony
CJ
Inderdeep Singh
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Company Info• PESTLC: China
• PESTLC: India
• Country Selection
• Entry Strategy
• Target Maret
• Consumer Preference
• Mareting Mi!
• Company Structure
Agenda
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Company Info
Tim "ortons• #ormer $"L player founded the restaurant in %&
• ()'** Stores +orld+ide
• ,)-** stores in Canada
•
%**)*** Employees +oring• './ of Maret Share in Canada
• Tim "ortons Merged +ith Burger King in .*%(
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Political andLegal
CPC: the only party in po+e La+s and regulations te
general
Economic
#astest gro+ing ma1or econ 2ngoing ur0ani3ation En4ironmental pollution
Social and
Cultural
Largest population Culture: Confucian philosop
"ofstede5s cultural factors
Technological 6apid ad4ances in infrastru Increasing Internet consum
Competition
Bureaucracy and corruption Poor protection of in
property 6ising la0or costs
PESTLC : China
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Political and Legal
7emocratic country
24er .** parties
Economic
6apid economic gro+th En4ironmental pollution Manufacturing 0oom
Social and Cultural
6an $o8. largest popul Lo+ la0or cost 7i4erse culture
Technological Signi9cant ad4ancemen Inno4ation Poor infrastructure
Competition
Bureaucracy and corrup Poor protection of
property Potential in4esting oppo
PESTLC : India
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Variable !eightCountry
China In
Si"e of In#etment *; (
Corruption Inde$ *; ,
%iddle Cla Income
Le#el
*; (
&oung Conumer *; (
%ar'et Si"e *; ;
%ar'et Potential *; (
Political( Legal
Stability
*; ,
Infratructure *; ;
!etern
adaptability
*; ,
Country =nalysis
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)oint Venture• Create ne+ >enture
• Lo+ 6is Tim
"ortons
$e+ >entu
!hy *ombay *urmah++
• Second "ighest Maret Cap8
• 2perated ?nder Trust+orthy@roup A=7I=5
• 6egular Supplier of CoeeBeans and Tea8
Entry Strategy
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=ge: %; D .&• (
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Business Professional Prefer to drin coee
• Consumer +ants rela!ing en4ironment +ith coe
•
=dapting +estern Culture
Consumer Preferences
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Product• Increase Product Line
• Spicy >eg options
•
Price• Penetration Pricin
• Cost >alue Bene9
Mareting Mi!
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2rgani3ational Structure F 2rientation
• @eographic #unctional Structure
• Multidomestic 2rientation
• "igh 6esponsi4eness to consumer needs
Company Structure
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Summary
•
201ecti4es that need to 0e incorporated into thestrategic plan for penetrating the Indian maret:• E!ploration of a Joint >enture
• Multidomestic 2rientation
• 7ecisi4e Target Marets
• Esta0lishment of 6elia0le 7istri0ution $et+ors