Sunday, August 4, 2013

Target Market



The dominant target market for Bocha Tea Lounge is a regular stream of local residents. Personal and expedient customer service at a competitive price is key to maintaining the local market share of this target market.
Fullerton City’s Income Household 2006-2010

The graph above illustrates per capita money income in past 12 months and median household income from 2006 to 2010 of Fullerton city. It clearly shows that both incomes of Fullerton are higher than that of California State. Therefore, we have a strong base to believe that population of Fullerton has the higher disposable income than the average of California state population. In short, our Boba drinks should be affordable for Fullerton citizens.

4 comments:

  1. Maybe you guys can offer student discounts since students make less than the median household.

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    Replies
    1. Thanks for your feedback. In term of sale promotion, we are considering to give discount for students by tax exemptions.

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  2. The figures are very nice, but is this an accurate representation of the average median income for students?

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