Results 1 to 2 of 2
  1. #1
    Junior Member
    Join Date
    May 2008
    Location
    Chicago, IL
    Posts
    1

    Industry Life Cycle

    Hello all,

    I''ve been working on a business plan & am at the industry overview section. Just was hoping to get some input and(or) some links to resources regarding some things.

    Where do you feel the industry is at in its lifecycle?
    ie: emerging, growing, mature, decline
    -I was going to put \"growing\" based on some of the information I''ve found. Based on some SCAA reports I''ve read it seems as though the market won''t be saturated for another 7 years or so. Also taking into consideration that almost 45% of new coffee shops opened since 1991 have been Starbucks, I think there is great growth potential for small independent roasters. Additionally, most of the coffee drinkers are in the 18-24 age group. Demographically, this market is poised to explode?

    Anything I''m missing here? Any other inputs?

    Why are college campus areas good or bad markets to consider?

    -I was thinking that campuses are good because of the students who linger & I''ve heard they tend to buy every 2 hours? Also bad because of the lingering students I would assume. There is a large concentration of the targeted demographics on a college campus right? 18-24, educated, need caffeine?
    Thoughts on this?


    What are some opportunities & obstacles (if any) for a new coffee house/roaster in todays market?

    -This is the one where I was hoping for some \"front-line\" input. What are some of the things you think are having a big impact, things I need to take advantage of or watch for? ie... The purchase of the Clover press company by Starbucks. I''ve heard the Clover press is not a big deal, and also it can be a big benefit.

    Are there any other things of this nature I should research?

    I''m grateful for any help here...

    Phil

  2. #2
    Junior Member
    Join Date
    May 2008
    Location
    Collegeville, PA
    Posts
    1
    Hey there,

    Don''t know if you got your info yet, but Alex over at http://www.espressobusiness.com/ has a ton of info on his website. For example, I learned that coffee is the number 3 commodity in the world right behind gold and oil. So, people don''t just want coffee - they need it.

    While there are trends in any industry, the need for coffee is not going away. What people buy and how much they want to spend can vary.

 

 

Remove Ads

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Coffee is the water of life...
    By JoshR in forum Coffee and Espresso Machines
    Replies: 0
    Last Post: 07-23-2008, 05:00 AM
  2. Natural Gas saved my life
    By topher in forum Coffee Roasters
    Replies: 4
    Last Post: 01-20-2007, 06:06 PM
  3. THE BEST NEWS OF YOUR LIFE
    By Hobbes in forum Coffee and Espresso Machines
    Replies: 0
    Last Post: 09-21-2004, 04:38 PM
  4. THE BEST NEWS OF YOUR LIFE
    By nzroaster in forum Coffee Shops, Espresso Bars & Cafes
    Replies: 0
    Last Post: 09-21-2004, 03:41 PM
  5. My coffee life
    By coffeefreak31 in forum Coffee Table
    Replies: 15
    Last Post: 10-21-2003, 01:05 PM

Search tags for this page

cafe industry life cycle
,

coffee industry life cycle

,
coffee shop life cycle
,
life cycle of a coffee table
,
life cycle of coffee industry
,
life cycle stage of coffee industry
,
product life cycle coffee industry
,
product life cycle of coffee
,
product life cycle of coffee industry
,
which life cycle stage for coffee industry
Click on a term to search for related topics.