Location of a coffee shop Phuc Long says anything?
Take advantage of home field to choose direct confrontation with Starbucks coffee and other foreign brands, Phuc Long elevate the brand itself with the big guns this, and thereby leverage the international market through the tourists to Vietnam. When choosing a destination country to discover, foreign tourists will tend to enjoy local brands instead of brand names familiar Starbucks or The Coffee Bean & Tea Leaf. Then when you return, they will become channels of advertising, "word of mouth" of Phuc Long, spew information on product quality and a Vietnamese coffee company.
In return, Phuc Long incur some costs no small with high rents and excessively huge investment costs. Currently, in District 1, Phuc Long has 8 stores like Mac Thi Buoi, Ngo Duc Ke, Nguyen Hue, Ly Tu Trong, Le Loi, Pham Hong Thai, Nguyen Van Cu. Other stores in District 3, District 7, District 5, Phu Nhuan, Tan Binh district .... July next, the brand will open more stores in Aeon Mall 16th Binh Tan. 15 current stores are located in Phuc Long positions 'dream'. Half of them located in the major route of District 1, the central district of the city. In the counties 'less' than such centers Phuc Long Tan Binh is also conveniently located in Lang Cha Ca roundabout, always the busiest traffic points passersby. Never are profitable or at least, get back my money? The answer is probably very long or never. But the benefits of the brand development and profitability, Phuc Long selected brands. Moreover, with this strategy, Phuc Long was accidentally attracted considerable attention of young people.
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