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INTERNATIONAL MARKETING

ASSIGNMENT

COUNTRY- FRANCE

Members-

Nayomi Amaria A005

Daksh Badaya- A006

Simona Bansal- A007

Vipasha Bavishi- A008

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PESTEL ANALYSIS

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STARTING A BUSINESS IN FRANCE

  1. Writing a French Business Plan
  2. Choose the By-laws & Structure of Your French Company
  3. Set up a French Business Bank Account
  4. Deposit Capital in Your French Bank Account
  5. Legal Publicity of Your New French Business
  6. Incorporation of Your French Business
  7. Registration of Your Business in France
  8. Find An Accountant in France

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Newspaper announcement

Insert your multimedia content here

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TEA INDUSTRY IN FRANCE

France ranks fourth in tea consumption at 15,000 metric tons with a relative 230 grams per capita

Big european market for herbal and specialised tea specially after the Covid times.

It is the most selective specialty tea market in the West according to French and foreign tea market experts

A vast network of high-end tea bars, to be grafted onto a well-known coffee shop chain, is currently being planned. This is expected to generate a significant increase in sales volume of specialty teas and will certainly favorably impact consumer perception leading to market growth.

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Tea Industry in France

Tea drinkers are ready to put more money on tea. They prefer buying in specialized shops where they can have advices, and an elaborate products staging. Responding to the new trends of the market, specialized networks know a strong growth when sales of mass market retailing decline for a few years.

  • Specialist Tea Shop turnover is 70 million Euros in France.

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  • The luxurious tea market has showed an annual growth of 10% per year for the last 10 years(till 2016)

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  • French people prefer giving priority to quality over quantity.

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  • The tea market is growing rapidly worldwide and is experiencing significant growth in France.

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  • The tea market in France represented 0.4% of the world market in 2018.

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Europe depends on imports from producing countries.

India Accounted for 11.3% of tea to Europe in 2015 and has gradually increased.

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STEPS FOR OPENING A CAFE

Checking for the presence of competitors, established premises

List of business needs, suppliers, units of items to be produced to cover costs

The cafe must conform to the prescribed standards followed by regular checks

Seasonal or permanent staff

LOCATION

FINANCIAL PLAN

LICENSES

STAFF

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LEGAL REQUIREMENTS

Hazard Analysis Critical Control Point-

Training for hygiene standards for professionals

Direction Départementale de la Cohésion Sociale et de la Protection des Populations-

License for making and serving non-veg food

Direction Départementale de la Population

Checks whether the kitchen is upto professional standards

SACEM-

License for playing music whether live or recorded and covers artist copyright

Rural Payments Agency-

License for import/export of agricultural products

Authorization from the Mairie-

For using terrace space for seating customers

Inform the local inspecteur de travail-

When recruiting staff, make a list of working hours and rest periods

Registre des pourboires-

Details of the amount of tips received by staff

Regular inspections by local authorities-

City Hall- location, timings

Fire Department- fire safety requirements

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BRAND NAME AND BRAND VALUE PROPOSITION

Brand name: L’esprit de l’Inde which means The Spirit of India.

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Brand value proposition

Meaning:

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Brand value proposition is a statement of functional, emotional, and self-expressive benefits delivered by the brand that provides value to the customer. An effective brand value proposition should lead to a good brand–customer relationship and drive purchase decisions.

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Logo of L’esprit de l’Inde

-The Spirit of India

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Some pictures of L’esprit de l’Inde

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PRODUCT MIX

  1. SPECIALITY TEAS
  2. HERBAL TEAS
  3. SANDWICHES
  4. QUICHE
  5. CROISSANT
  6. INDIAN FLAVOUR BISCUIT PACKETS
  7. NAMASTE INDIA GOODIES

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Segmentation- 1. Local residents

2. Tourists

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Targeting-l'esprit de l'inde will provide the middle-class community with a place to socialize, indulge themselves with fine teas and savouries, and find unique Indian flavoured biscuits and tea for gifts. For tourists, it will be a destination stop in their tour of the town, whether as a break from shopping, a warm-up visit after sightseeing or a place to buy unique gifts as souvenirs of their holiday.

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Positioning- On the basis of product characteristics

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PACKAGING

FOR TAKEAWAYS

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LABELLING

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PACKAGING & LABELLING STANDARDS

  • All products retailed in the French market must be accompanied by an information leaflet in French.
  • Food labels should include the product name, its shelf life, usage instructions, preservatives or colours added, the country of origin, name of importer or vendor, as well as manufacturers batch number.
  • All products destined for France must have labels in French, regardless of the origin of the product. Multilingual labels are acceptable.
  • The product label should not promote the product.
  • Bar codes may be used though not mandatory.
  • The labelling should be easily visible and clearly legible.

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TYPES OF LABELS USED-

Replaced the AOC, used in the entire European Region.

Guarantees superior product quality.

For products mentioning geographical origin and the way it’s made.

For products that are not entirely produced in a certain geographic area but are linked to a region.

Indication Géographique Protégée-

Appellation d'Origine Contrôlée-

Appellation d'Origine Protégée-

Label Rouge-

Spécialité

Traditionnelle Garantie-

Agriculture Biologique-

For products where ingredients/ methods of production guarantee a traditional character.

For products manufactured using organic means.

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PRICING

Pricing Strategy- Cost Plus Pricing Strategy

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  1. Speciality Teas- 5€ onwards

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  1. Herbal Teas- 6€ onwards

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  1. Iced Teas- 4€ onwards

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  1. Sandwiches- 10€ onwards

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  1. Quiches- 15 € onwards

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  1. Croissants- 2 € onwards

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MODE OF ENTRY

JOINT VENTURE

What is Joint Venture?

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Typically one foreign and one domestic company work together for mutual benefit with specific ownership percentages specified in a long-term contract. Companies of different countries that enter into a joint venture govern their relationship through the International Joint Venture Contract.

Why Joint Venture?

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Both partners can leverage their respective expertise to grow and expand within a chosen market

The political risks involved in joint-venture is lower due to the presence of the local partner, having knowledge of the local market and its business environment

Enables transfer of technology, intellectual properties and assets, knowledge of the overseas market etc. between the partnering firms

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Form of Joint Venture?

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Contractual Joint Venture

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Why Contractual JV for our Tea Business?

Follow the general contract law in France and with simple legal framework.

Standard code of conduct as mentioned in the Contract will be taken with the duration mentioned.

The JV will be done with a established cafe owner in Greater Paris or Île-de-France

Limited liability with shared cost and risk.

Well curated local presence with expertise in Tea Industry

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Selected Location

One of the 6 mainline railway station

69 Passage Brady, 75010 Paris, France

Paris’s Little India Market

Indian Presence + Traveller’s Paradise = Perfect Location

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Location: 69 Passage Brady, 75010 Paris, France

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Procurement of Resources

SUPPLIERS SELECTED-

  • Tata Global Beverages
  • Mcleod Russel(tea plantations)
  • Terai Tea Company Limited

RETAIL CHANNEL

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Providing ready made Tea directly to the consumers along with specialised printed kulhads from local french print suppliers.

CREDITS: This presentation template was created by Slidesgo, including icons by Flaticon, infographics & images by Freepik.

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Our Competitors

Dammann Frères

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Le Temple du thé €

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Kusmi Tea

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Café de Flore

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REGION SELECTED

Gare du Nord

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PROMOTION MIX

  • Promotion tools and strategy
  • Promotion Plan
  • IMC Plan

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DISCOUNT PAMPHLET

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NEWSPAPER AD

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INSTAGRAM & FACEBOOK AD

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Promotion plan: Experiential Marketing

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Merci Beaucoup

-Thank you very much!

Do visit L’esprit de l’Inde!!