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River Bend Coffee. Doug, Erin, Gloria, and Nathan. Target Market. TAM and SAM. -Total Available Market People in hospital daily 40,000 Americans who drink coffee ( 79%) 31,600 People aged 16+ in hospital ( 85%) 26,860 -Share of Available Market Estimated 2% 537.2.
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River Bend Coffee Doug, Erin, Gloria, and Nathan
TAM and SAM -Total Available Market People in hospital daily 40,000 Americans who drink coffee (79%) 31,600 People aged 16+ in hospital (85%) 26,860 -Share of Available Market Estimated 2% 537.2
Price -Income 537 customers per day Average, cup of coffee = $3.43 -Expenses Loan payments at 8% interest - $3528/m $ spent on coffee monthly = $2685 Monthly wages = $24,300
Placement We will be locating or coffee shop inside the New RiverBend Hospital This offers a very diverse market base and low competition. Barriers to entry are low and easily obtained
Promotion Advertising Signage Expense will be the sign on the front of our building.
Message and Measurement Come help us celebrate our grand opening Buy one Grande coffee get a Tall free RiverBend Coffee Located inside the RiverBend Hospital On the first floor just off the main lobby Open From 5:00 AM to 11:00 PM WI FI is available With redemption of this coupon