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表7奈雪的茶与星巴克综合盈利能力对比
表7奈雪的茶与星巴克综合盈利能力对比
行业数据
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原图定位
图片属性
图片格式:PNG
图片大小:260KB
图片尺寸:2265*1013
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
所属报告:
2021年中国现制茶市场现状与奈雪的茶竞争优势分析报告(28页).pdf
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再看总部平均,基于 2018-19 年数据,奈雪的茶/星巴克集团毛利率在 63%-65%/68%左右、门店层经营利润率在 16%-18%/22%左右、总部层经营利润率在微亏/15%-16%左右,可见一方面奈雪较星巴克门店层经营利润率低 5-7pct 左右,考虑与(1)产品、供应链及操作流程等标准化,(2)租金议价能力等有关,因此预期奈雪在门店层利润率的提升上存在空间但可能不甚大;另一方面奈雪的茶较星巴克总部层经营利润率低 16-19pct左右,主要与(1)品牌强弱及广告开支高低(奈雪广告费用率为星巴克 2-3 倍)、(2)门店总数及整体规模效应强弱等有关,因此预期伴随品牌力提升、规模扩张减速、财务费用节省等奈雪在总部层利润率的提升上或更为明显。
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2021年中国现制茶市场现状与奈雪的茶竞争优势分析报告(28页).pdf
表7奈雪的茶与星巴克综合盈利能力对比
表4我国头部茶饮店品牌经营数据对比
表4奈雪的茶供应链情况
表3我国大陆连锁餐饮品牌门店数量分布
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