The Chai Point ACQT: Brewing Tradition and Technology for Success
Sindhu Shantha Nair and
S P Smritika
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Sindhu Shantha Nair: Christ University
Shanlax International Journal of Management, 2021, vol. 9, issue 1, 17-19
Abstract:
The unique selling proposition of Chai Point was a combination of Access, Convenience, Quality and Turnaround time (ACQT). The route map of Chai point is quite interesting; in 2009, the idea surfaces, 2010 it becomes a reality and by 2011, around 10 Chai Point Stores are opened in Bangalore, 1 million chai cups were sold and add-on products like Vada Pao and Samosa were introduced. In 2014, Chai on call, Website, mobile app were launched and went on cloud. In 2015, Fidelity invests $10mn and in 2016, PrioriTea mobile wallet, reward program and boxC were launched. By 2017 they were able to open 97 outlets across Bangalore and are venturing into other cities. The growth propositions of Chai Point were innovation and consistency.
Keywords: Chai point; Tradition; Technology (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:acg:managt:v:9:y:2021:i:1:p:17-19
DOI: 10.34293/management.v9i1.4066
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