Uploaded by Nhu Quynh Tran

TrungNguyen

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Firstly, while standard and price competitiveness of product are initial
conditions that competitors are still focusing on, Trung Nguyen should pay
much attention in raising the Brand Value. Let Trung Nguyen be the
pioneer who applied franchising to briskly diversify its presence all over
Vietnam.
Moreover, applying an up-to-date marketing strategy when prioritize
“acquirement” more than just a 'product' is not also a deficient method. Not
only the drinking experience but tries hard to accomplish and nourish what
it calls 'cultural oriented experience'. Drinking a cup of coffee is not only
stop by relishing its flavor but also expand by reminicent the Vietnamese
coffee cultural and historical stories.
Next, Trung Nguyen should be broaden to more than “only instant coffee”,
such as: coffee machine, thermos cup or logo souvenirs. That result in,
customers not only bear in mind the taste, fragrant of Trung Nguyen coffee,
but also among them is memorable moments with Trung Nguyen Brand
Name.
Trung Nguyen already has the advantage of a distribution system in the
Vietnamese market with thousands of retail points, store systems and other
infrastructure platforms to create a solid advantage in e-commerce
development. The promotion of business on international e-commerce sites
offers the potential to promote Vietnamese brands on a global scale. These
partners open up opportunities for Trung Nguyen Legend to access an
abundant source of customers in different markets. The development of
technology affects shopping habits and customer experience. In an open
economy, cross-border e-commerce sites should be utilized to expand to
international markets. Particularly, Trung Nguyen Legend should promotes
coffee products to appear on the world's leading e-commerce sites such as
Amazon, Alibaba, JD.com ….
Compared to domestic market, the international market consumes more
and more coffee. In addition, the international market brings potential
resources, more quality and opportunities to develop brands and bring
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them potential profits. Therefore, Trung Nguyen should pay attention to
those international markets, especially the US, China and Singapore
+ In the US market, due to its position and influence, once Trung Nguyen
penetrates and succeeds here, it will be the strongest evidence to help
them easily integrate other doors over the world.
+ About China, Trung Nguyen has the advantage of proximity, cultural
similarities, diverse markets, young population. Therefore, consumption
power increase rapidly.
+ In Singapore market, which is the gateway of Asia to the world, has a
solid foundation in finance, economy as well as developed technical
infrastructure, creating opportunities for Trung Nguyen to reach out.
REFERENCES
https://trungnguyen.eu/
https://bnews.vn/hanh-trinh-dua-ca-phe-viet-ra-the-gioi-cua-tap-doan-trungnguyen-legend/183604.html
https://vir.com.vn/trung-nguyen-legends-journey-to-bring-vietnamesecoffee-to-the-world-82013.html
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