Question: Petula is a large coffee roaster cu m caf that offers food (artisanal pastries and cakes made from their kitchen) and beverages (coffee and other
Petula is a large coffee roaster cu m caf that offers food (artisanal pastries and cakes made from their kitchen) and beverages (coffee and other drinks). The operating hour is from 7.30am-6pm. It has been operating for ten years in Malaysia and has two outlets in Kuala Lumpur. Petula imports beans from Indonesia, Brazil, Ethiopia, Vietnam, and Columbia and roasts them uniquely in their roasting center in Kuala Lumpur. A typical cup of coffee (hot/ice) in Petula ranges between RM10 15. Additionally, they package the roasted and grounded beans and sell to consumers at the caf and their official website. Currently, they plan to expand their business. First, they aim to become a coffee bean supplier to other cafes in Malaysia. Second, they plan to sell bottled-coffee (295ml) in three flavours americano, cappuccino, and latte, commercially to retailers. Based on this scenario, answer all of the following questions:
Question 2: Suggest two pricing strategies Petula could adopt for their bottled-coffee. Please provide justifications in your answer.
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