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Career Skills Training Presentation - Chinese soup Business Careers Skills Training Presentation – Chinese Soup Business Group Members: Mo Kit Han 2001280205 Lau Stephanie Marie Sze Man 200111 4664 Fong Ka Ki Jessica 2001114614 Wong Ka Yu 2001152082 Chan Man Yi 2001529601

Career Skills Training Presentation - Chinese soup Business Careers Skills Training Presentation – Chinese Soup Business Group Members: Mo Kit Han 2001280205

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Career Skills Training Presentation - Chinese soup Business

Careers Skills Training Presentation – Chinese Soup

BusinessGroup Members:

Mo Kit Han 2001280205Lau Stephanie Marie Sze Man 2001114664

Fong Ka Ki Jessica 2001114614Wong Ka Yu 2001152082Chan Man Yi 2001529601

Career Skills Training Presentation - Chinese soup Business

Secret of Chinese Soup

--Background of Chinese Soup Business

Career Skills Training Presentation - Chinese soup Business

Soup as Chinese tradition

• History of soup being traced to Prehistoric period

• Man knew about boiling before invention of earthenware pottery (around 6,000 BC)

• Meat boiled in water before they knew how to cook

Career Skills Training Presentation - Chinese soup Business

Soup as Chinese tradition• Soup plays different roles in Chinese

cuisine

• China's dynastic families feast on luxuries for banquet course e.g. shark's fin or bird's nest soup

• Rural Chinese make meal of watery mixture flavored with bean curd and

whatever vegetables available

Career Skills Training Presentation - Chinese soup Business

Soup as Chinese tradition

• Herbal Chinese soups being important for medicinal value under Yin and Yang Philosophy – Yin : feminine, darker, cooling forces – Yang : masculine, lighter, hot forces– Soup being able to restore the balance

between two forces

Career Skills Training Presentation - Chinese soup Business

Chinese Soup Business in Hong Kong• Chinese Soup routinely offered in Chinese

restaurants and fast food shops• Not welcomed by customers due to low nu

tritional value • Ah Yee Leng Tong founded in 1980s

– First Restaurant to introduce Chinese tonic soup

–明火靚湯‧真材實料 as gimmick– MSG free

Career Skills Training Presentation - Chinese soup Business

Chinese Soup Business in Hong Kong

• Chinesesoup.com founded in 2001– First online Chinese soup delivery Busines

s

Career Skills Training Presentation - Chinese soup Business

Why do Chinese Soup Business become popular in HK?

-- Reasons for development of Chinese Soup business in Hong

Kong

Career Skills Training Presentation - Chinese soup Business

Reasons

• Chinese soup as familial tradition– Chinese soup to be beneficial for health– Serve soup in meal instead of cold drinks – Sweet soups make light, satisfying finale

to a meal

Career Skills Training Presentation - Chinese soup Business

Reasons• Raising status of Chinese tonic soup

– Transaction of Chinese medicine on international market growth rapidly

– Chief Executive committed providing favorable environment for entrepreneurial development in the Chinese medicine on 2001

– More publications confirming tonic value of Chinese soup and medicine

Career Skills Training Presentation - Chinese soup Business

Reasons• Social changes in HK

– Women regarded as primary care-givers of family in Chinese culture

– More women participated in workforce in recent years

– Lifestyles of many families changed

Career Skills Training Presentation - Chinese soup Business

Reasons• Increase awareness on health

– Economic affluence encouraged people to pursue better quality of life

– More people suffered from stress-related problems

– SARS and Bird influenza in HK captured public awareness of health

Career Skills Training Presentation - Chinese soup Business

-- Results of online Survey about Chinese soup

Conducted between Apr 1 – Apr 1094 replies received

What do people think about Chinese soup?

Career Skills Training Presentation - Chinese soup Business

Online Survey Results

1. Gender– Male = 44 (46.8%)– Female = 50 (53.2%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results2. Age

Career Skills Training Presentation - Chinese soup Business

Online Survey Results3. Occupation

A 學生 (Student) = 69 (73.4%)

B 白領 (White collar) = 9 (9.6%)

C 藍領 (Blue Collar) = 0

D 專業人士 (Profession) =13 (13.

8%)

E 家庭主婦 (House Wife) = 0

F 待業 (Unemployed) = 0

G 退休人士 (Retire) = 1 (1%)

H 其他 (Others) = 2 (2.2%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results4. Do you like to drink soup?

– Like = 73 (77.7%)– Dislike = 9 (9.6%)– No opinion = 12 (12.7%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results 5. Which type of soup do you prefer?

– Chinese soup = 66 (70.2%)– Western soup = 26 (27.7%)– Japanese soup = 2 (2.1%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results6. How often do you drink soup?

A 每天都喝 (Everyday) = 25 (26.6%)

B 隔天喝一次 (Every 2 days) =18 (19.1

%)

C 一星期二次 (Twice a week) = 24 (25.

5%)

D 一星期一次 (Once a week) = 17 (18.

1%)

E 一個月二至三次 (2 to 3 days per mo

nth) = 9 (9.6%)

F 從不喝湯 (Never) = 1 (1.1%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results7. Do you think drinking soup is important?

– Important = 75 (79.8%)– Unimportant = 7 (7.4%)– No opinion = 12 (12.8%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results8. If important, why? (Can choose more

than one answer)A

湯水是餐膳的一部份 (It is part of the meal) = 38 (21.1%)

B

相信湯水對身體有益 / 有其醫 藥療效例如有美容瘦身等

功效、滋潤 (Believe that drinking soup is good for the health/ soup has medical effect, such as beauty,

keep fit =72 (40%)

C 幫助補充水份 (implement of

water) = 33 (18.3%)

D 自己喜好 (Self favor)= 36 (20

%)

E 其他 (Others) = 1 (0.6%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results9. Do you buy soup from outside?

– Yes = 23 (24.5%)– No = 71(75.5%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results10. If yes, why? (Can choose more than

one answer)A

自己不懂煲 (Do not know how to boil) = 8 (18.2%)

B 沒時間煲 (No time to boil) = 7

(15.9%)

C 方便 (Convenience) = 17 (38.6

%)

D 有自己喜愛的湯水款式 (Favorit

e soup is available) =12 (27.3%)

E 其他 (Others) = 0

Career Skills Training Presentation - Chinese soup Business

Online Survey Results11. If no, why? (can choose more than

one answer) A

家中已有湯水 (Soup is available in home) = 42 (50.6%)

B 沒有必要 (It is not necessary)

= 21 (25.3%)

C 沒有合適的款式 (No suitable

choice) = 8 (9.6%)

D 其他 (Others) = 12 (14.5%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results12. Do you think canned soup can

replace slow-boiled soup?– Yes = 1(1%)– No = 89 (94.7%)– No opinion = 4 (4.3%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results13. Which soup you will choose? Canned

soup or slow-boiled soup?

A 罐頭湯 (Canned soup)

= 7 (7.4%)

B 老火湯 (Slow- boiled so

up) = 82 (87.2%)

C 兩者都不會選擇 (Neithe

r) = 5 (5.4%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results14. Which factor(s) will you consider when buyin

g soup from outside? < Can choose more than one answer>

A 價錢 (Price) = 63 (23.1%)

B 款式 (choices ) = 51 (18.7%)

C 湯的療效 (例如滋潤,補腎等 ) (Medical effect)

= 41 (15%)

D 有否含有味精 (MSG is added ) = 61 (22.3%)

E“ ” 是否 老火湯 (whether it is slow-boiled soup)

= 31 (11.4%)

F 方便 (例如有否送貨服務 ) (Convenience, such

as delivery service) = 20 (7.3%)

G 其他 Others = 6 (2.2%)

Career Skills Training Presentation - Chinese soup Business

Online Survey Results15. How much are you willing to pay for

500-ml soup ?

A <$20 = 71 (75.5%)

B $ 20-$ 30 =12 (12.8%)

C $ 30-$ 40 =5 (5.3%)

D $ 40-$ 50= 0

E >$ 50 =1 (1.1%)

F

價錢不是考慮的因素,只要合口味便 成了 (if there is suitable type of

soup, price is not a factor) = 5 (5.3%)

Career Skills Training Presentation - Chinese soup Business

How do Chinese Soup business operate?

-- Case Study of 3 Chinese soup businesses

Career Skills Training Presentation - Chinese soup Business

Case Study 1 --The Soup Cafe

Career Skills Training Presentation - Chinese soup Business

The Soup Cafe

• Shop Profile– Location

• Central, Hong Kong Station

– Services• Sell take-away soup• Provide lunch• Provide delivery service

Career Skills Training Presentation - Chinese soup Business

The Soup Cafe

• The idea of soup industry– Office workers have no time to make soup for

themselves– They have the need of drink soup

• Target Group– Office ladies and workers

Career Skills Training Presentation - Chinese soup Business

The Soup Cafe

• Selling points– Slow-cooked soup– No Monosodium Glutamate (MSG). – Use fresh ingredients– Variety of soup

Career Skills Training Presentation - Chinese soup Business

The Soup Cafe

• Ways to maintain business success – Keep the shop’s principle – Provide more services to customers– Different means of advertisements– Offer discount

Career Skills Training Presentation - Chinese soup Business

Case Study 2

--Pheona’s Business Report in 全線大搜查

Career Skills Training Presentation - Chinese soup Business

Pheona’s Business

• Shop Profile– Location

• Kowloon Bay

– Service• Soup Delivery

Career Skills Training Presentation - Chinese soup Business

Pheona’s Business

• Idea of soup business– Herself as a busy office lady – Need of slow-boiled soup for dieting

reason – Lack in slow-boiled and MSG free soup in

market.

• Target Group– Factory Workers

Career Skills Training Presentation - Chinese soup Business

Pheona’s Business

• Selling Point– MSG free and slow-boiled– Rarely made by oneself at home• e.g. 玫瑰花楜椒豬肚湯

• Publicity– Take initiative to promote to potential custo

mers in nearby factories.

Career Skills Training Presentation - Chinese soup Business

Pheona’s Business

• Business operation– About 40 staffs, 2 of them specialized in s

oup preparation. – Obtain ingredients from Sheung Wan to lo

wer costs.

Career Skills Training Presentation - Chinese soup Business

CapitalItem Amount invested

Rent $ 7000

頂手費 $ 8000

Furnace installation $ 30000

Salary (for the two chef) $ 20000

Salary (~40 staff) $ 120000

Thermal flask (1000 pieces)

$ 50000

Miscellaneous $ 65000

Total $ 300 thousands

Career Skills Training Presentation - Chinese soup Business

Pheona’s Business

• Ways to maintain business success– Good quality of products offered make it

enough to sustain her business – No need to try the products of competitors

Career Skills Training Presentation - Chinese soup Business

Case Study 3Chinesesoup.com

Career Skills Training Presentation - Chinese soup Business

Chinesesoup.com

• Shop Profile– Location

• Kennedy Town, Hong Kong

– Services• Soup and dessert delivery service

Career Skills Training Presentation - Chinese soup Business

Chinesesoup.com

• The idea of soup industry– People recognize the benefits of drinking

slow-boiled soup – They do not have the time to make the soup

themselves

• Target Group– Office ladies

Career Skills Training Presentation - Chinese soup Business

Chinesesoup.com• Selling Points

– No MSG– Uses high quality ingredients – Offers a large variety of soups– High transparency– Hygienic – Consult Chinese doctor for soup recipes

Career Skills Training Presentation - Chinese soup Business

Chinesesoup.com

• Publicity– Magazine and TV interviews– Give out flyers – Website

Career Skills Training Presentation - Chinese soup Business

Chinesesoup.com

• Problems encountered– Limited Budget for publicity

• First of a kind attracted a lot of media exposure

– Route Planning• Hired 2 staff to plan delivery route

– Copy cats• Do the best to provide good service and good food

Career Skills Training Presentation - Chinese soup Business

Chinesesoup.com

• Ways to maintain business success– Be innovative– Provides special soups– Provides good service and high quality food– Offers discounts

Career Skills Training Presentation - Chinese soup Business

Chinesesoup.com

• Future Development– Self-branding, sells high quality oyster sauce– Sells packaged food as well, eg ready-to-eat

abalone, sea cucumber, bird’s nest and shark’s fin

Career Skills Training Presentation - Chinese soup Business

Can Chinese Soup Business satisfy customers’ needs?

-- Comparison between customers’ expectations and

business operation

Career Skills Training Presentation - Chinese soup Business

Comparison: Similarities

RESPONDENTSCHINESE SOUP

BUSINESS

Prefer Chinese soup than Western soup

Sell only Chinese soup

Office ladies have the most need: no time to

make soup

Target on working group

Don’t like MSG No MSG in soup

Career Skills Training Presentation - Chinese soup Business

Comparison: Similarities

RESPONDENTSCHINESE SOUP

BUSINESS

Chinese soup good for health

Focus on health and slow-boiled soup

Like variety 3 kinds of soup each day

Prefer convenience in buying soup

• online order• sell at shop

Career Skills Training Presentation - Chinese soup Business

Comparison: Difference

RESPONDENTSCHINESE SOUP

BUSINESS

Ideal price HK$ 20 per 500 ml

Mostly HK$ 40 per 500 ml

Most students like to drink soup

Mainly target working group

Career Skills Training Presentation - Chinese soup Business

How is Chinese Soup Business in Hong Kong?

-- Opinions towards Chinese soup business

Career Skills Training Presentation - Chinese soup Business

Opinions• Intriguing business due to rising needs for

tonic products for HK people• Not yet well accepted by Hong Kong people

– Adherence to Chinese traditional values of home-made soup

– Inconvenience– Price disparity

• Some service gaps still exists– Location

– Target Group

Career Skills Training Presentation - Chinese soup Business

How can Chinese Soup business further develop in Hong Kong?

--Recommendations

Career Skills Training Presentation - Chinese soup Business

Recommendation

• Expand Target Group– Students living in hall– Primary or secondary students meal

services– Family – People with health problems. e.g. diabetics– Banquet or party services

Career Skills Training Presentation - Chinese soup Business

Recommendation

• Explore New Locations– White collars in commercial areas. e.g. C

entral– Industrial areas. e.g. Tai Po Industrial Vill

age, Kwai Fong, and Fo Tan. – University hall or secondary schools area

s– Hospital

Career Skills Training Presentation - Chinese soup Business

Recommendation

• Tailor-made soup for different groups– “Simpler” soup for students– Medicinal soup for patients– Tonic soup for general public

• Increase soup types with varying price– Existing price too expensive for

students

Career Skills Training Presentation - Chinese soup Business

Recommendation

• Offer Premium– Encourage monthly consumption– Discount (e.g. commutation ticket, stamps

upon patronage)– Mass order privilege– Special price for students

Career Skills Training Presentation - Chinese soup Business

Recommendation

• Strengthen Publicity– Web pages and interviews too passive – Adopt more active approaches e.g.

distributing leaflets– Offer free soup-tasting

– Encourage customers to introduce new buyers

Career Skills Training Presentation - Chinese soup Business

Recommendation

• Develop Signature Dish for the Company – 鎮店之寶 – Deepen people’s impression for the comp

any– “McDonald’s and French fries”

– Affinity to the public

Career Skills Training Presentation - Chinese soup Business

How to succeed when creating a new business?

-- Keys to business success

Career Skills Training Presentation - Chinese soup Business

Keys to Career Success

• Get to know from daily lives– Most ideas come from life experiences

• Innovative– Not to be bounded by existing resources– Stall located in a eye-catching place

• Know the needs of target customers – Right product for right customers

Career Skills Training Presentation - Chinese soup Business

Keys to Career Success

• Take the initiative– Be active

• Stick to own aspiration– MSG-free

EvolutionR