Boba Boom: Expanding Chatime’s Reach through Strategic Location Analysis
Project Description:
Boba Boom is a data-driven initiative aimed at boosting Chatime’s market share in the U.S. Despite substantial global growth, Chatime has fewer U.S. locations than its competitors. The project utilizes detailed location analytics with Tableau to identify high-demand but underserved areas, integrating market trends and competitive analysis to devise a strategic expansion plan.
Key Contributions:
Data Analysis: Utilized Tableau for comprehensive data integration and market analysis.
Strategic Planning: Developed a business model to reduce franchise fees and optimize site selection, enhancing Chatime’s appeal to potential franchisees.
Performance Metrics: Established KPIs to measure and adapt our strategy, ensuring continuous improvement and growth.
Impact:
Boba Boom positions Chatime for significant U.S. bubble tea market growth by transforming complex data into actionable strategies. This project demonstrates our innovative approach and analytical depth, showcasing our ability to drive substantial business results through sophisticated data visualization and strategic analysis.