Free Essay

Tim Horton

In:

Submitted By mrvanoverbeke
Words 2980
Pages 12
Tim Horton’s
[Type the document subtitle]

[Pick the date]
PNC Bank pt24581 Target Market

Adults Tim Horton’s primary target market is men and women aged twenty five to forty. According to scottrade.com, this group accounts for almost half of its total business (forty nine percent). Tim Horton’s attract this group through contemporary design and consistency in its advertising and décor, and the drive to keep their products current to avoid the “lost in time” negativity that can arise in small businesses. According to a personal interview with my relative John R. Moses, who is a senior manager at one of the shops in Canada, claims “our consumers tend to be urbanites with relatively high income, professional careers and a focus on modern social lifestyles. This target audience grows at a rate of three percent annually.

Young Adults This category consists of individuals aged eighteen to twenty four, total forty percent of Tim Horton’s sales. (Scottrade.com) Tim Horton’s positions itself as a place for college students can relax, study, work in groups, and network. The company appeals to this consumer directly through free internet services, such as Wi-Fi, focusing on social networking and actively cultivating an “energizing” image. According to John R. Moses this group grows four point six percent each year.

Kids and Teens Through Tim Horton’s friendly environment, they appeal to kids that come with their parents. They do not cater directly towards kids; however they enjoy the welcoming atmosphere that’s offered there. Teens enjoy Tim Horton’s for the social aspect, to avoid boredom and a place parents can bring their kids to get out for the morning.

Positioning

As we can identify through the perceptual graph below, Tim Horton’s is placed at a level with good quality and a low price. Starbucks, being on the far right quadrant, is known for good quality and high price. We also observe McDonald’s being in the lower left quadrant for their low price and lacking quality. Lastly we examine how Dunkin Donut’s is there primary competitor both located in the upper left quadrant. Tim Horton’s needs to identify specific differentiation products to gain market share within that area.

Swot Analysis The SWOT Analysis identifies the strengths, weaknesses, opportunities, and threats of Tim Horton’s. In order for Tim Horton’s to become successful in the States, they need to concentrate on their reputation here in America. They previously tried to establish their brand throughout the eastern seaboard and failed. They are currently moving to the mid Atlantic areas such as Michigan, Ohio, and some areas of Chicago. The biggest threat is the competition throughout the United States especially Dunkin Donuts. Their opportunity of a new image here in America can be focused on, and turned into a success factor for the company. They need to exploit their strengths such as the company’s charity foundations which gives back to the communities in order to build a well established, respected name here in America and compete with the industry leaders.

Creative Slogan
Tim Hortons' advertising slogans have included "You've Always Got Time for Tim Hortons" and starting in the mid-2000s, "Always Fresh. Always Tim Hortons." While both of these slogans are still used, Tim Hortons began using an alternative slogan, "It's Time for Tims" in November 2011.

Creative Objectives
1. Inform public of rebranding strategy, “Tim Horton’s Cafe and Bake Shop”, in an effort to compete successfully
2. Positively reposition Tim Horton’s in the minds of target market.
3. Increase awareness of Tim Horton’s products offerings.
4. Increase customer base of Tim Horton’s through creative advertising strategies.

Creative Strategy
Tim Hortons’ core strategy is the reason for its success. On its most basic level, the Tim Hortons’ marketing team has created a brand that represents an idealized image of the Canadian national character: friendly, neighborly, unpretentious, gently playful, frugal, trustworthy, and clean. The company measures everything it does against this list of brand values.
The storefronts in United States will be rebranded “Tim Horton’s Cafe and Bake Shop” in an effort to compete successfully. The company has decided to launch itself as a cafe and bake shop in USA, which seems to be a more popular trend popular among consumers there. Tim Horton’s is rebranding in USA as a cafe style and bakery with more refined, upscale furnishings, furniture and lighting, test-driving a concept that may eventually be applied to stores across the chain. The company not only plans to have 4000 stores across Canada by 2013, It also plans to choose three to five overseas markets for expansion in the second half of the year by focusing on its rebranding strategy. The company is also looking to expand its menu, by introducing more variety in their list of food items.

Creative Imperatives
Our campaign focuses on rebranding. To ensure the different elements of marketing communication deliver a consistent and persuasive message, we focused on using one look for the campaign. To achieve this, we focused on having several items incorporated into the creative strategies of the campaign.

Our slogans “You've Always Got Time for Tim Hortons”, "Always Fresh. Always Tim Hortons.”, and "It's Time for Tims" will be incorporated as a main campaign element.

It was also imperative to have the Tim Horton’s logo incorporated into all promotional materials. We want customers to be able to connect the logo to a desire for our products.

Because we are focusing on one consistent look for the campaign, similar color palettes and typography will be used. This will be important to ensure different Tim Horton’s advertising materials will be consistent with one another and able to be tied together.

Creative Rationale

Print Advertisement

Television Advertisement
Commercials will promise that Tim Horton’s coffee isn't just normal coffee, but it is a part of your routine, by associating our products to living a desirable lifestyle.

Advertisement of Company Promotions and Contests
Roll up the Rim" contest uses facts, figures and repetition to emphasis the promotion and guarantee that a vast majority of the cups were winners, from muffins to vehicles, using the snob appeal in a number of their advertisements. Customers determine if they have won prizes by unrolling the rim on their paper cups when they have finished their drink, revealing their luck underneath. These promotions will be created specifically to boost coffee sales in the warmer spring months.

Sponsorship
For 45 years, Tim Horton’s and its store owners have practiced a philosophy of giving back to the communities in which we operate. As a company, their primary focus is on helping children and supporting fundraising events for non-profit organizations and registered charities. Tim Horton’s will also creatively advertise through their relationship with the Children's Foundation and sponsoring children's sports programs. The company’s logo will be shown on advertising materials throughout these events.

Media Objectives
We have carefully selected our marketing mix to attract a wide range of customers. By coordinating these mediums together, our goal is to attract as much business as possible and get ourselves a solid customer base in the area as quickly as possible
Our media objectives are as follows... 1.) Attract a minimum of 15% of our main competitors’ current customers within the first year. (mainly Dunkin, Starbucks, and Caribou) Track this through surveys we will issue in our stores. 2.) Increase brand awareness for Tim Horton in the area by incorporating the use of print ads, Billboards, social media advertising, and PR events such as exclusive grand opening promotions and various sales events. Creativity and variety are key elements in achieving this objective. 3.) Achieve a turn-around of 15% on our direct mailing and e-mailing promotions and special offers/coupons. 4.) Create and sustain a more personal relationship with our customers through special PR events, giveaways, promotions, surveys, and by effectively incorporating our different marketing strategies for a fresh experience. Media Strategies
We will use traditional and non-traditional media as well as use resources online. The selection of our media choice will be based on each mediums strengths and weaknesses. Realizing our target market for our marketing, we will be using a balance between each of these types of media.

Marketing
At Tim Horton’s, our campaign will have 3 main marketing objectives. The first is to inform our target markets of our products and services. It is crucial that we create customer awareness and get our potential customers interested in what we have to offer. Since we are new to the area and competition is steep (Star Bucks and Dunkin Donuts) it is crucial to get our brand out to the public in an efficient and effective manner as we have defined in our marketing strategies. Since we need to appeal to so many different age groups (teenagers to senior citizens) we must make sure to incorporate relative messages to attract these different ranges of people, which is why we have included everything from trendy social media advertising and e-mail, to direct mailing and billboards. Informing the public is key to our success.

The next objective we must achieve is to convince or persuade our customers that we can offer them the best value in comparison to the competition. To do so we must incorporate a strong mix of product promotions and discounts to attract our competitors’ current customers. If we don’t offer them anything better than what they already get from their current provider, they will have no incentive to try our services. We need to be very competitive with our pricing and create a more personal relationship with our customers in order to persuade them to convert to our services. We must prove that we will offer the consumer the best value possible.

Lastly we must get our potential customers to act on our marketing strategies. We must get them to take action and purchase our products. We will do this by staying creative and fresh with our marketing mix so that we can constantly remind them of our presence. Although we are new to the area, we feel that we have a chance to come in and steal a large percentage of our competitors’ customers by offering them a fresh and exciting experience. Also, people like to experience new things and if we can appeal to such customers we feel we can establish a solid customer base. Staying current, visible, and fresh in our target markets minds is a crucial marketing objective for Tim Horton’s.

Marketing Mix

Non Traditional Media

Mailings/Customer and Franchisee Surveys
Tim Horton’s will implement extensive customer and franchisee surveys, and other consumer research, to make sure its products, service, and communications fit the ideals. This will allow the company to engage not only its current and prospect customers, but also Tim Horton’s employees. New franchisees must complete a seven-week training program before taking ownership of stores. Furthermore, the company has strict quality control standards. It routinely surveys and inspects stores, including checking everything from how fast and friendly the staff is to whether the trash in the parking lot has been cleared.

Internet Radio
Many radio stations simultaneously broadcast over the Internet. Not only will a radio ad reach a local audience, but it has the potential to reach anybody in the world with Internet access.

Traditional Media

Radio
Radio will be an important media outlet that we will use to reach our target audience. We could entice our customers to try our offerings while they are “en route” to their intended location.
Radio ads will be cost and time efficient to make; other forms of media can be very costly and extremely time consuming before they are able to be presented to the public. Although strictly an audio experience, the imagery in radio advertising is only limited by listeners' imaginations. Listeners may visualize the ad's content however they please. This will cause us to have to be very creative with the way our ad constructed.
Magazines
Magazine advertising will also be used as a medium in our campaign. With little waste, it can deliver our message to our target audience very effectively. Each ad has the potential to be viewed numerous times over any period, making it very cost effective. Magazines also hold high quality in reproduction. The ads quality can reflect on the company being advertised, so we want to ensure that our campaign perceived well by the public.

We will place full and partial page, colored advertisements for our campaign. We will place them in magazines we believe will be read by our desired audience. The segmentation potential that magazines offer (the 3 largest being consumer, farm and business) will allow is to target our demographic specifically without wasting cost printing in magazines that would not be as beneficial. Some magazines offer additional ways for the advertisement to be noticed, such as gatefolds, popups, bleed pages, and other unique layout designs. Special additions raise the price, but command the attention of the reader in a visually unique way.

Billboards
We will utilize Billboard advertising because of its strength in the reach and frequency that it is able to be displayed to. People traveling in areas where these billboards are located have the potential to be persuaded into impulse buying. Billboards are an economical and effective way to be displayed to a large group, most being our target market and potentially creating interest in those typically not targeted as well. A billboard advertises a product to customers every day of the year, including holidays. For our campaign, our billboard will include lights or an electronic display, so it can also advertise the product at night.

Commercials
Television advertising is one of the best sources of traditional media to reach the largest audience. Television advertising is essential to rebranding Tim Horton’s to the media because we are able to place a focus on brand awareness and image. Television commercials also use multiple sources of communication. In contrast to radio advertising which an audience can only hear, television commercials on the other hand can take advantage of both the senses of hearing and of vision. By appealing to both senses a TV advertiser can use these to reinforce each other. We will verbally say our products or promotions in the TV advertisement and then reinforce it with a graphic on the television of either the Tim Horton’s logo or the product we are speaking of. Using a high quality graphic can make it easier for the customer to remember the product than just hearing about it on the advertisement.
Our commercials will be intermittently played on main cable channels as not over saturate our audience and cause them to “fast forward” because they have seen it too frequently. We will advertise on television channels that have the highest audience of viewers 16+. We will advertise during prime time and late night spots on these channels.

Online Media

Facebook/ Twitter
We will utilize social media to help drive online traffic. We will also buy ads on these social media sites to help grow our online presence. They can reach a large audience with a diverse base of users. Facebook ads can also be targeted to specific areas, so we focus our ads for areas with Tim Horton’s locations to make the most effective advertising for our campaign. Within our ads, the Tim Horton’s logo will be present to create brand awareness.

Tim Horton’s Official Website
Tim Horton’s will continue to maintenance their existing website. It is important for this to remain because customers can look up shop locations and hours. Customers may also come across it when using a search engines for coffee or bakery shops. Customers who have never gone to a Tim Horton’s may also use the website to learn more about the company and the products we offer in advance. With many people being health conscious nutritional information will be available on most Tim Hortons menu items in a two-page brochure and is available online. It is also important for Tim Hortons to use their name as the domain (www.timhortons.com) to make it easy to remember for the customers.

Evaluation

Measuring the objectives and ideas that have been put forth is important in determining the effectiveness of our campaign. In order to do this we must review our Creative and Marketing Objectives and conduct Post Test Evaluations to see what is catching on to the public and what is not.

Creative Objectives * Inform the public of the rebranding strategy * Positively reposition Tim Horton’s in the minds of the target market * Increase awareness of Tim Horton’s products offerings * Increase customer base of Tim Horton’s

Evaluation Methods * Create surveys and focus groups to evaluate rebranding strategy * Track and measure the usage of Tim Horton’s product offerings * Survey the target market to evaluate recall on specific target market advertisements * Track increase of awareness through social media sites

Marketing Objectives * Attract a minimum of 15% of our main competitors’ current customers within the first year. * Increase brand awareness in the area by using print ads, billboards, social media advertising, PR events, and promotions * Achieve a turn-around of 15% on our direct mailing and e-mailing promotions and special offers/coupons. * Create and sustain a more personal relationship with our customers

Evaluation Methods * Conduct and evaluate surveys put throughout Tim Horton’s locations * Measure traffic on Facebook and Twitter (amount of likes on Facebook and amount of followers on Twitter) * Measure attendance of promotional events such as the grand opening * Measure recall of advertisements (billboards, print ads, etc.) * Measure amount of traffic on timhortons.com after promotional events and advertising campaigns * Track and measure the amount of special offers/coupons from mailing and e-mailing being used at locations

After conducting the evaluation methods, we can then understand the effectiveness of our campaign. If the campaign was not as effective as projected, certain concepts and objectives may have to be changed.

Similar Documents

Free Essay

Tim Hortons

...MGMT3650 Term Paper Tim Hortons Expansion to the US Market: What went wrong? Table of Contents Introduction 3 Company Background 4 Expanding to the U.S. 6 U.S. Competitors and Market Share 9 Issues: Competitors & Market Share 9 Leadership Issues 10 Liability of Foreignness 10 Mode of Entry 13 Current Financial Results: 2008 – 2013 (5) Year Plan 15 Tim Hortons New Plan: 2014 – 2018 ‘U.S: A Must-Win Battle’ 16 Recommendations 16 Strategies going forward 16 VRIO Framework 17 References 18 Figure 1: Michael Porter’s five forces 15 Introduction In the present day, there are multiple franchises being established and growing in the community as well as globally Tim Hortons is one of those companies. Due to their chain’s focus on top quality, always fresh products, value, great service and community leadership, Tim Hortons has made a respectable reputation for itself, it is a company that works hard to deliver superior quality products and services for guests and communities through leadership, innovation and partnerships, not only in Canada, where it all started but as well as internationally. In 1984, Tim Hortons opened its first U.S. restaurant in Tonawanda, New York, a suburban community north of Buffalo, which is just 16 kilometers from the Canadian border. (Budak, 2010) Tonawanda is close enough to Canada which gives some recognition into the new U.S. market. Companies that expand internationally can face many problems. In the U.S., Tim Hortons has built an emerging...

Words: 5574 - Pages: 23

Free Essay

Tim Horton

...Tim Hortons Inc. Business History Tim Hortons Inc. is mostly referred to as Tim Hortons Café and Bake Shop. It is the largest fast food service in Canada. It also has some restaurants in the USA and the Persian Gulf region. The Business has its headquarters in Hamilton, Ontario, Canada. The company was founded in 1964, by a hockey player by the name of Tim Horton and Jim Charade. It first operated in Hamilton. The company has undergone various changes in leadership since 1964. For example, Tim Horton partnered with Ron Joyce in 1967. He took over in 1974 when Horton died. Joyce expanded Tim Hortons such that by 2002, it had overtaken McDonalds as the largest fast food service in Canada. Initially, Tim Hortons only served two products; coffee and doughnuts. The company has however grown and now sells a variety of fast foods including muffins, cakes, pies, croissants, cookies, soups and chili. Some of the restaurants also serve sandwiches. The company merged with Wendy’s in 1995, expanding its business operations largely to the United States. (timhortons.com) According to the newswire, the company’s goals as of 2010 included increasing the same-store growth sales by at least 3% in Canada and 2% in the USA. The also had a goal of opening more stores, at least 130 in Canada. (newswire.ca). Their overall goal is to offer superior quality products and services for its customers and communities through leadership, innovation and partnership. The company is currently run by Paul D house...

Words: 966 - Pages: 4

Free Essay

Tim Horton

...DOUBLE-DOUBLE, PLEASE” THE ROLE OF TIM HORTON’S IN THE MAKING OF THE CANADIAN IDENTITY Jessica Barry and Yasmin Manji The seemingly simple question “What is a Canadian?” is often answered by blank expressions. The varied geography, regions and ethnicity of Canada, the second largest country in the world, leave its citizens searching for a unifying identity, grasping to things that could potentially help define them as “Canadian.” Canada prides itself on its multicultural society, which, however, raises a question: If what we have in common is diversity, do we really have anything in common? There are popular notions about Canadian characteristics, things recognised internally and externally as uniquely Canadian. The two traditionally considered the root of Canadian identity are the nation‟s love for hockey and its need to be distinct from America. The fast food restaurant Tim Hortons has adopted these identity markers and itself become part of the answer of what it means to be Canadian. This paper intends to explore how Tim Hortons incorporated the few accepted aspects of the Canadian identity in order to establish itself in the Canadian market. This business strategy was successful because, lacking a national identity, Canadians adopted Tim Hortons as an icon that all Canadians could relate to: rich, poor, educated, blue collar, spanning all regions, ethnicities and even political party lines. The Canadian embrace of Tim Hortons has led to the formation of new...

Words: 269 - Pages: 2

Free Essay

Tim Hortons

...Tim Hortons is a large company that focuses on top quality, always fresh products, value and great service. It has become the largest quick service restaurant chainin Canada specializing in always fresh coffee, baked goods and home style lunches (TimHortons: About Us). Originally Tim Hortons offered only coffee and donuts to itscustomers but has greatly expanded today to offer a full lunch menu as well along withmany more baked goods. The biggest attraction to Tim Hortons is still their always freshcoffee, it is also offered in a take-home tin so customers can enjoy the great taste of TimHortons’ coffee at home. Our team has explored the company’s information resources tolearn about what Tim Horton’s needs to do in order to successfully expand into theUnited States. This was achieved through a number of group meetings, emails anddiscussions about the different ways of expanding successfully into the foreign market. Areview of the company’s history and timeline lead us to a greater understanding of howthe company really works, and how committed they are to improving their image in theconsumers eye. We also conducted a SWOT analysis to determine the strengths andweaknesses of Tim Hortons and their major competitors: Dunkin’ Donuts and Starbucks.To deal with the challenges brought about by these competing firms Tim Horton’s willhave to make the necessary changes that will ultimately make them a strong competitor inthe United States. These changes include adding new items to the menu...

Words: 310 - Pages: 2

Free Essay

Tim Hortons Sustainability

...Overview – Tim Hortons Tim Hortons is a fast food restaurant franchise specializing in coffee and doughnuts. It is currently Canada’s largest fast food franchise with over 4000 stores across North America (http://o.canada.com). The franchise was founded in 1964 in Hamilton, Ontario, by Canadian hockey player Tim Horton. In 1967, Horton partnered with investor Ron Joyce, who assumed control over operations after Tim Horton died in 1974, and expanded the chain into a multi-million dollar franchise (timhortons.com). Tim Hortons franchises as grown rapidly as has overtaken McDonald's as Canada's largest food service operator. The company opened twice as many Canadian outlets as McDonald's and system-wide sales also surpassed those of McDonald's Canadian operations as of 2002. The chain accounted for 22.6% of all fast food industry revenues in Canada in 2005. Tim Hortons commands 76% of the Canadian market for baked goods, and holds 62% of the Canadian coffee market (Wikipedia 2005). Tim Hortons currently employs more than 100,000 staff members to run and support its franchise (nextsteps.org). It has been a stalwart towards supporting the environment and is among the leading fast food franchise that delves into reducing waste. However, due to stores being owned by franchisees who are non- corporate related, each store varies in how strictly it follows regulations. This paper will discuss certain aspects of Tim Hortons stores that can be improved. The economic, environment...

Words: 4677 - Pages: 19

Premium Essay

Tim Hortons Expansion

...Tim Hortons expanding the franchise has many opportunities, however, it can create challenges. After reading the articles listed in question one and studying the lecture notes, I can confidently say that there is a culture barrier that will come with the expansion. An example of this is the products that they will sell. Currently the products created are made to please Canadian and American consumers. However, what is pleasing to these consumers might not be as appetizing to people of the Philippines or United Kingdom. One way to adjust to the culture difference is by researching an traditional Pilipino dessert and presenting into the Philippines. In additional, the CBC article Tim Hortons expanding into England, Scotland, Wales states that...

Words: 289 - Pages: 2

Free Essay

Tim Hortons Strategy

...SOH, Pek-Hooi       Tim Hortons strives to deliver superior quality products and services for its guests and communities through leadership, innovation and partnerships, with its vision to be the quality leader in everything they do. This following essay will first evaluate Tim Horton’s internal strengths and weaknesses and its external opportunities and threats by using the SWOT analysis, it will then examine its current strategy at functional level, business level, global, and corporate level. Tim Hortons is the largest fast food restaurant chain in Canada and the fourth-largest in North America based on market capitalization. It operates a chain of more than 4,250 coffee and donut shops across the country, in several US states and a few other outposts. It features a variety of coffees and cappuccino with a food menu that offers doughnuts, sandwiches and other food items. Tim Hortons not only competes with the typical coffee and baked goods chains, but also with all restaurants in the Quick Service category, with its major competitors being Starbucks and McDonalds. Firstly, we will conclude Tim Hortons’ situation from different angles using the SWOT analysis. The central purpose of a SWOT analysis is to identify the strategies to exploit external opportunities, counter threats, build on and protect company strengths, and eradicate weaknesses. (Hill & Jones, 2013) Strengths Tim Hortons dominates the Canadian coffee chain market with 76%...

Words: 2296 - Pages: 10

Free Essay

Bk - Tim Hortons

...King and Tim Hortons stocks, surges to its best high price of $32.40(19.5% ) and $74.72 (18.9% ) per share. Behind this high drama in floor of NYSE, there was a one of the key announcement rocked. Burger King Worldwide Inc., an American based fast food chain and Tim Hortons Inc., Canadian based coffee and doughnut chain combined announced news of potential merger seeing both on the grounds of market strategic and largest food chain in global market. With approximately $23 billion in system sales, over 18,000 restaurants in 100 countries and two strong, thriving, independent brands, the new company will have an extensive international footprint and significant growth potential. The new global company will be based in Canada, the largest market of the combined company. Tim Hortons and Burger King each have strong franchisee networks and iconic brands that are loved by their guests. Following the closing of the transaction, each brand will be managed independently, while benefitting from global scale and reach and sharing of best practices that will come with common ownership by the new company. “By bringing together our two iconic companies under common ownership, we are creating a global QSR powerhouse. Our combined size, international footprint and industry-leading growth trajectory will deliver superb value and opportunity for both Burger King and Tim Hortons shareholders, our dedicated employees, strong franchisees, and partners. We have great respect for the Tim Hortons...

Words: 8858 - Pages: 36

Free Essay

Bk - Tim Hortons

...and Tim Hortons stocks, surges to its best high price of $32.40(19.5% ) and $74.72 (18.9% ) per share. Behind this high drama in floor of NYSE, there was a one of the key announcement rocked. Burger King Worldwide Inc., an American based fast food chain and Tim Hortons Inc., Canadian based coffee and doughnut chain combined announced news of potential merger seeing both on the grounds of market strategic and largest food chain in global market. With approximately $23 billion in system sales, over 18,000 restaurants in 100 countries and two strong, thriving, independent brands, the new company will have an extensive international footprint and significant growth potential. The new global company will be based in Canada, the largest market of the combined company. Tim Hortons and Burger King each have strong franchisee networks and iconic brands that are loved by their guests. Following the closing of the transaction, each brand will be managed independently, while benefitting from global scale and reach and sharing of best practices that will come with common ownership by the new company. “By bringing together our two iconic companies under common ownership, we are creating a global QSR powerhouse. Our combined size, international footprint and industry-leading growth trajectory will deliver superb value and opportunity for both Burger King and Tim Hortons shareholders, our dedicated employees, strong franchisees, and partners. We have great respect for the Tim Hortons...

Words: 8858 - Pages: 36

Premium Essay

Tim Hortons Research Paper

...Tim Hortons was founded in 1964 by Miles Gilbert (Tim) Horton, a hockey player. He was born on January 12th, 1930, and died on February 21st, 1974 in a car crash. He was born in Cochrane, Ontario, but moved to Duparquet, Quebec, where he leaned how to play hockey, although he soon moved back to Ontario within a couple years. He started off playing for the Northern Ontario Junior Hockey Association's Copper Cliff Jr Redman, from 1946 - when he was fifteen - to 1947. He was then signed for Toronto Maple Leafs a year later, but he played for the Ontario Hockey Association/St Mike's Majors. He then switched to Pittsburgh Hornets in 1949, which was an American hockey league; both were Leafs' farm teams. Tim had joined the Toronto Maple Leafs in...

Words: 367 - Pages: 2

Premium Essay

Tim Hortons Research Paper

...My local Tim Hortons has always been a big part of my life and my community. In high school, we had the choice to leave the building for lunch time. My choice was always Tim Hortons because of the friendly atmosphere and the wide range of healthy foods. It includes all lifestyles including vegetarianism. People always come back to Tim Hortons because it’s a place of gathering and socializing. It’s a great place to meet up with friends to catch up while having a good meal. With my village having a population of around 2,000, I never go to Tim Hortons without seeing a person I know. I also never go to the local arena without seeing someone holding a Tim Hortons coffee cup. When I go to my local Tim Hortons, I love seeing elders sitting and having...

Words: 494 - Pages: 2

Premium Essay

Tim Hortons Marketing Case

...Tim Horton’s Marketing Plan: Tim Horton’s is a fast/casual restaurant situated all over Canada. It’s marketing strategy is based on price and affordability. Known for its food service it has 3000 stores all over Canada. Compared to is other competitors such as Krispy Kreme and Starbucks, Tim Horton’s provides substantially lower prices with a certain level of quality that ensures that customers are repeat customers. Over the years Tim Horton’s has had a strong presence domestically having many stand-alone stores as well as mini locations found in convenience stores, gas stations and malls. In accordance with its physical presence Tim Horton’s has a strong advertising campaign which focuses on commercials being shown on Canadian television. Sponsorship of charity and Canadian organizations also ensures that Tim Horton’s gains exposure through other channels. The vast variety of products Tim Horton’s sells allows for product differentiation and a more satisfying choice selection for consumers. Tim Horton’s provides products for consumers that look for fast affordable options that also taste good, filling a sort of niche that occurs. The product that we are introducing is Tim Horton’s brand pre-made salads. Tim Horton’s sales exchanges usually have duration of 90 seconds so this product fits in. These pre-made salads will come with various fixings and flavours such as cheese crumbles, spicy chicken, bacon pits, salted croutons, and other additives. Following the health conscious...

Words: 384 - Pages: 2

Premium Essay

Tim Hortons

...University of the Fraser Valley A Marketing Analysis on Tim Hortons Company Diana Beedassy 200105312 Business 120 Mr. Richard Simon April 2, 2012 Table of Contents Cover Page...............................................................................................................................................1 - 2 Table of Contents…………………………………………………………………………………………………………………………………….3 Introduction and History………………………………………………………………………………………………..………………....4 - 5 SWOT Analysis……………………………………………………………………………………………………………….………………….6 – 7 Business Articles………………………………………………………………………………………………………………………………………8 Target Market…………………………………………………………………………………………………………………………………9 – 10 Tim Horton’s merging with Wendy’s Inc………………………………………………………………………………………………..11 Tim Horton’s as a convenient product……………………………………………………………………………………..…………...12 Channel of Distributions …………………………………………………………………………………………………………..…………...13 Promotional Strategies……………………………………………………………………………………………………………….…….....14 Socially Responsible Behaviour……………………………………………………………………………………………………..15 – 20 Recommendations – Part A (SWOT) ……………………………………………………………………………………………..21 – 22 Recommendations – Part B …………………………………………………………………………………………………………. ..23 Recommendations – Part C……………………………………………………………………………………………………………24 – 25 Gross Annual Sales & Market Share………………………………………………………………………………………………26 – 27 Appendix 1 – Timeline……………………………………………………………………………………………………… …………………..28 Appendix...

Words: 7764 - Pages: 32

Premium Essay

Tim Hortons

...TIM HORTONS MARKETING PLAN ASSIGNMENT 3 ATIF HAMEED ERP: 10568 MBA-1, Morning Business Definition: When Tim Hortons comes to mind, a dark brown colored bean coffee strikes us instantly. Tim Horton broadly caters hot beverages and fast food items for its valued customers. But still coffee and donuts are its bull eyes. It has built its place in consumers mind and heart through its premier products i.e. coffee and donuts. With the passage of time and changing trends globally, it has expended its business into baking, catering and fast dinning to enhance its presence strongly and increase market share. As a result, Tim Hortons has impressively implemented the idea of “different but unique experiences under one roof. While doing so, it has evolved its vision and mission statement without ignoring its loyal consumers which are the important stakeholders as it still strongly associates o itself to its premier products. Karachi: Pakistan is an emerging market for coffee players. It has most of the things to attract brands like Tim Hortons to Pakistan. Country with sixth most populous nation, middle class is expanding, youth rate in population is one of the highest in the world, people are embracing western lifestyle, and buying power is improving. Therefore, Pakistan is a good market to jump into and grow international presence. Karachi, being the biggest metropolitan of Pakistan, provides perfect platform to launch Tim Hortons in the country. It has already established the...

Words: 2605 - Pages: 11

Premium Essay

Ryanair Case

...across the provided companies, tim hortons, macys, komatsu, ryanair, microsoft in decreasing order. Working capital is not a useful metrics for comparison since the companies represent different industries. Looking at current ratio, Microsoft, ryanair, komatsu, macys, tim hortons, in decreasing order. * Accounts receivable may be a reliable indicator since it’s orders/accounts, ect. Inventories may be slighter difficult to fair value. For ex. Microsoft’s inventory is constantly being updated/sector specific. Or Macy’s clothing can be difficult to pinpoint. PPE especially is a challenge. Microsoft has very specific equipment where it can be valued obsolete if a new component arrives ect. Demand can dictate volume/cycle usage of PPE. * Market to book ratio? B. Compare and contrast the extent to which the companies will likely meet their short-term obligations: Based on working capital and current ratio * Ryanair – Working capital looks to be improving over the past few years, however, looking at the current ratio, it’s been steady between 1.5-2. No concern here in meeting short term obligations * Microsoft – Big jump in working capital, +56% from last year AND current ratio is at an all time high of 2.60. Looks very healthy in meeting STO from this perspective. MSFT seems to be in good hands to outlast the financial crisis and even expand. Current ratio points to a very healthy expansion prospect. * Tim Hortons – Working capital is shy of the...

Words: 597 - Pages: 3