Core Viewpoint - M Stand is attempting to diversify its offerings by opening a new concept store, Maison by M Stand, which includes food items and alcoholic beverages, aiming to find new growth avenues amid slowing expansion [1][3][6]. Group 1: New Store Concept - The new concept store features a darker, industrial design, contrasting with traditional bright coffee shop aesthetics, and offers a range of products beyond coffee, including handmade burgers, fries, and cocktails [3][5]. - Prices for food items are positioned in the mid-to-high range, with burgers priced between 28-48 yuan, fries at 18 yuan, chicken nuggets at 22 yuan, and chicken wings at 36 yuan, aligning with M Stand's established premium brand positioning [3][5]. Group 2: Consumer Feedback - Consumer reactions to the new concept store are mixed; some appreciate the new food offerings and the ability to bring pets, while others criticize the portion sizes and pricing, particularly for the chicken wings [5][11]. - The brand has not responded to media inquiries regarding the new store and its future plans, despite having over 500 locations across 40 cities since its first store opened in 2017 [5][11]. Group 3: Market Position and Challenges - M Stand's expansion has slowed, with only 36 new stores opened in 2023 as of mid-September, compared to previous years, indicating a need for new growth strategies [9][10]. - The coffee market is highly competitive, with various brands adopting different strategies, such as low pricing or expanding product offerings, making it crucial for M Stand to differentiate itself effectively [10][11]. Group 4: Strategic Considerations - The introduction of food items is a common strategy among coffee brands to drive additional revenue, as seen with Tims China, which reported an 8.6% year-on-year increase in food revenue [9][11]. - M Stand's new store model may face operational challenges due to its complexity, requiring effective management of supply chains and employee training to ensure success [11][12]. - The brand must focus on clear positioning and differentiation to maintain its premium pricing strategy and enhance consumer loyalty [12][13].
做汉堡炸鸡、卖人宠周边 M Stand讲新故事求变
Bei Jing Shang Bao·2025-10-14 13:56