Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Analysis of Management Strategy of MXBC

Authors
Jiayue Tangtjycissycom@163.com
Hefei No.8 High school
Corresponding Author
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.240How to use a DOI?
Keywords
MXBC; Business strategy; Competitive advantage; Enterprise
Abstract

Milk tea is a kind of tea beverage which originated in Taiwan Province and has been popular since 1990s. It combines the fragrance of tea and the sweetness of milk, and has become one of the choices of people’s daily drinks. Nowadays, with the increase of milk tea shops, the competitive of milk tea market begins to become greater. If a milk tea shop wants to have its own position in the whole milk tea market, it must have it own unique strategies. This article studies the most self-featured milk tea shop in the Chinese milk tea market. This article is mainly used to analyze several business strategies and reasons for the success of one of the milk tea shop—MXBC. Besides, by comparing with other milk tea shops, the author discovered the unique marketing strategy of MXBC. Finally, these strategies, such as expanding customer base, building their own stores, make MXBC become very successful. However, these strategies also bring some problems such as healthy problem. This article is used to those who want to learn more about the milk tea industry, and get more knowledge about MXBC.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
10.2991/assehr.k.211209.240
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.240How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Jiayue Tang
PY  - 2021
DA  - 2021/12/15
TI  - Analysis of Management Strategy of MXBC
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1479
EP  - 1482
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.240
DO  - 10.2991/assehr.k.211209.240
ID  - Tang2021
ER  -