0 évaluation0% ont trouvé ce document utile (0 vote)
440 vues10 pages
Eataly is an Italian market and restaurant chain that aims to make high-quality Italian foods available to everyone at fair prices. It began in 2007 in Turin, Italy and has since expanded internationally. The document discusses Eataly's history and values, its existing locations in Italy, Japan, Turkey, UAE and the US, and its plans to expand to additional markets like London, Los Angeles, and Rio de Janeiro. It then analyzes selecting the Chinese market, specifically the XinTianDi district of Shanghai, to enter the Southeast Asian market. The key to Eataly's success is highlighting its core business of Italian products and making them accessible while emphasizing the Italian brand.
Eataly is an Italian market and restaurant chain that aims to make high-quality Italian foods available to everyone at fair prices. It began in 2007 in Turin, Italy and has since expanded internationally. The document discusses Eataly's history and values, its existing locations in Italy, Japan, Turkey, UAE and the US, and its plans to expand to additional markets like London, Los Angeles, and Rio de Janeiro. It then analyzes selecting the Chinese market, specifically the XinTianDi district of Shanghai, to enter the Southeast Asian market. The key to Eataly's success is highlighting its core business of Italian products and making them accessible while emphasizing the Italian brand.
Eataly is an Italian market and restaurant chain that aims to make high-quality Italian foods available to everyone at fair prices. It began in 2007 in Turin, Italy and has since expanded internationally. The document discusses Eataly's history and values, its existing locations in Italy, Japan, Turkey, UAE and the US, and its plans to expand to additional markets like London, Los Angeles, and Rio de Janeiro. It then analyzes selecting the Chinese market, specifically the XinTianDi district of Shanghai, to enter the Southeast Asian market. The key to Eataly's success is highlighting its core business of Italian products and making them accessible while emphasizing the Italian brand.
ENTERING EMERGING MARKETS EATALY The name Eataly was coined by Celestino Ciocca Celestino Ciocca sold (by his family company) all his rights to the name to Natale Farinetti on February 3, 2004 January 2007, Italian businessman Oscar Farinetti converted a closed vermouth factory in Turin into the first location of Eataly First Eataly was located in the Lingotto district of Torino EATALY IN THE WORLD Brand stores already opened are located in: Italy (Bari, Bologna, Florence, Genoa, Milan, Monticello d'Alba, Pinerolo, Rome, Turin), Japan (Osaka, Tokyo, Yokohama), Turkey (Istanbul), United Arab Emirates (Dubai), United States (Chicago, New York). Other stores are planned to be located in: Boston, London, Los Angeles, Moscow, Paris, Philadelphia, Rio de Janeiro, Rome (2nd store), Sao Paulo. EATALYS MANIFESTO Eataly Manifesto is based on ten fundamental points, from 0 to 9: 0. WE'RE IN LOVE WITH FOOD 1. FOOD UNITES US ALL 2. OUR PASSION HAS BECOME OUR JOB 3. THE SECRET TO QUALITY OF LIFE? QUALITY PRODUCTS 4. OUR TARGET AUDIENCE IS EVERYONE 5. EAT. SHOP. LEARN 6. WE'RE IN THIS TOGETHER 7. OUR THREE PROMISES TO YOU:1. Choice 2. Accessibility 3. Knowledge: 8. YOUR TRUST IS EARNED EVERY DAY 9. THE END GOAL EATALYS PARTNERS EATALYS OBJECTIVES AND FEATURES
Eatalys aim is to make high quality Italian foods available to everyone, at fair prices and in an environment where people can shop, taste and learn.
Most of Eatalys sales points are raised on ultra modern building: this makes the Eatalys experience much more fascinating and attracts more visitors.
The country of origin, Italy, is the key of success. The Italian brand, especially in the food industry, is appealing and synonymous of quality, palatability, a unique food experience. SELECTING WHICH MARKET TO ENTER
South-East Asia: already settled in Japan, focus on the biggest market of the area, China. It is no way a uniform and homogeneous market , socially and economically fragmented.
Variables to be considered: Per income GDP 3 rd place among Chinese cities HDI (Human Development Index) 2 nd place among Chinese cities 7.7% annual GDP growth (2013) International High-end Business Area
SELECTING WHICH MARKET TO ENTER For the reasons just listed, we chose the XinTianDi District of Shanghai, which is home to one of China's first major and affluent car-free shopping centers area. The most suitable construction is supposed to be an ultra modern building, making the Eatalys brand more appealing and recognizable
THE ENTRY IN THE CHINESE MARKET The key of success is in highlighting the strengths of Eatalys core business. TARGETING: Shanghai has a growing middle class inclined to think that imported Italian imports are the height of sophistication PRICING: make products accessible to the whole population, within certain limits (which are related to the medium-high costs of foods and raw materials, that make the final price relatively high). POINT OF SALES: a kind of store that has to be a huge market, deli, and grocery rolled into one offering Italian goods and an Italian piazza with several small restaurants. Preference for local employee rather than expatriates.
CONCLUSION It would be a great deal for Eataly to reach the Chinese market, which is very broad, and Shanghai could be the initial engine to expand its activities all around the South-East area of Asia, that is characterized by the presence of countries with high growth and high GDP per-capita level (such as Singapore and Honk Kong) it is reasonable to believe that Eataly will obtain a positive outcome in emerging markets as long as they will always trust and emphasize their core elements, since the Italian brand and know- how is often appreciated in the world.