Research on the Model of Luckin Coffee’s Self-Rescue after Delisting

Authors

  • Yijia Zhao

DOI:

https://doi.org/10.54097/pd153k59

Keywords:

Luckin Coffee, Marketing Strategy, Self-Rescue.

Abstract

This article focuses on the research topic of Luckin Coffee’s self-rescue after delisting and its significance for both academic and business communities. The article includes a summary of the main findings, such as the strategies and actions taken by Luckin Coffee in bouncing back from the brink of collapse. Also, it highlights the commercial value of this research topic, as it can serve as a source of inspiration for other struggling businesses. This research paper discusses the main findings and key aspects of the study. The introduction highlights the importance and relevance of the topic, which is Luckin Coffee’s marketing strategy of co-branding with a Chinese white spirit brand. The suggestion section proposes the problem identified by Luckin Coffee’s marketing strategy of co-branding with Chinese well-known white spirit brand issues. The conclusion emphasizes the challenges the co-branding strategy faces and suggests that introducing new drinks and diversifying the company’s offerings can help overcome these challenges. This article aims to provide insights into Luckin Coffee’s self-rescue strategies and their implications for the business world. By analyzing the case and offering suggestions for improvement, this research paper offers valuable knowledge and best practices that can be applied to various industries.

Downloads

Download data is not yet available.

References

Cao Xiaocong Cao. Research on Marketing Innovation of Luckin Coffee. Advances in Economics, Business and Management Research, 2020. https: //doi.org/10.2991/aebmr. k. 220307. 497.

Gu Zhaoyuan, Qi Boyang, Zhao Yirui. Why Luckin Coffee survived after its scandal? Advances in Economics, Business and Management Research, 2021. https: //doi.org/10.2991/assehr. k. 211209. 410.

Shang Zilin. Analysis of Luckin Coffee Marketing Strategy based on the 4P Theory. Highlights in Business, Economics and Management, 2023, 13, 106 – 112. https: //doi.org/10.54097/hbem. v13i. 8632.

Qiu Lingyu. The analysis on the marketing strategy of Luckin Coffee in China. Proceedings of the 2020 4th International Seminar on Education, Management and Social Sciences (ISEMSS 2020). https: //doi.org/10.2991/assehr. k. 200826. 093.

Financial network Technology, “The screen of Luckin Coffee and Kweichow Moutai jointly launched soy sauce latte”, 2023.09.05, https: //baijiahao.baidu.com/s?id=1776212010416094840&wfr=spider&for=pc.

Judith H Washburn, Brian D Till, Randi Priluck. Co‐branding: brand equity and trial effects. Journal of Consumer Marketing, 2000, 17 (7), 591 – 604. https: //doi.org/10.1108/07363760010357796.

Shanghai-Xuhui the Chinese People’s Political Consultative, “soy sauce Latte” burst popular, how does it taste? 2023.09.05, https: //mp.weixin.qq.com/s? __biz=MjM5ODk2MTA2Mw==&mid=2652731609&idx=2&sn=62116f8796cd02af4abb8c7b006cc803.

Haohui Zhang. Methods for Luckin Coffee to Develop its Core Competence. Advances in Economics, Business and Management Research, 2022b. https: //doi.org/10.2991/aebmr.k.220405.255.

Liu Yuqiao. Research on the Business Model of Luckin Coffee Under the Background of New Retail. ournal of orld conomy, 2022, 1 (2), 46 – 57. etrieved from https: //www.pioneerpublisher.com/jwe/article/view/101.

Chen Yiyi. Analysis on the strategic innovation of Luckin Coffee. Rental and Sales Information, 2023 (06): 156 - 158.

Downloads

Published

29-12-2023

How to Cite

Zhao, Y. (2023). Research on the Model of Luckin Coffee’s Self-Rescue after Delisting. Highlights in Business, Economics and Management, 23, 770-776. https://doi.org/10.54097/pd153k59