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How to start a milk tea business guide

Planning to start a milk tea business?

Important things to know before starting yours!

Are you planning to start a milk tea business? That is wonderful. However, before you start out you need to know a lot of things first to avoid making some big mistakes. In this book we will be covering a lot of information about how to get started.

However, before you even start thinking about starting a Milk Tea Business you should know something else first. Understand how wonderful this market really is.

Milk Tea Market and Trend

Milk Tea Market in the Philippines

The Milk Tea industry is huge and it is growing like CRAZY. It is not only the in stores visits that is doing great but also the take out market.

According to GrabFood the demand for Milk Tea is growing quickly. The amount of orders grew by 3,000 percent. That means an increase of 30 times in 2018 only. In 2019 the amount of orders for GrabFood grew another 3,500 percent. Yes that is another increase of 35 times for Milk Tea orders. That amount is not stopping anytime soon!

The 2nd largest market in South East Asia

Did you know that the Philippines is the 2nd largest market in whole South East Asia. Yes that is huge market, and the only one that is larger is Thailand. In the Philippines the average person drinks 5 Milk Tea cups a month. Thailand is the only one that surpasses that with 6 cups a month. Lets look at South East Asia average Milk Tea numbers. See the graph on the next page.

Average Milk Tea Consumption per month per person

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The Philippine Milk Tea Market in ₱eso!

In the Philippines people between the age of 15 to 40 drinks approximately 5 Milk Tea drinks a month. That is a lot but what does that mean in hard earned ₱eso? Well lets crunch the numbers! You will love this number!

Average Price for Milk Tea

In the Philippines the price of a Milk Tea ranges somewhere between ₱ 55 all up to ₱ 150. However, the average price of a Milk Tea is close to ₱ 85 each. In our complete guide we will even show you how to calculate your cost for making a Milk Tea.

Average Spending Per Person for Milk Tea

Once you know that we can calculate how much a customer is worth if they love your Milk Tea.

Lets calculate multiple 5 by ₱ 85 this equals ₱ 425 a person between the age of 15 to 40 years spends on Milk Tea. That is a lot. But we are not ready! Now look how much this customer is worth a year! Lets multiple that ₱ 425 by 12 months to calculate their year value. That magic number is ₱ 5,100. This would mean every year a person spend on average ₱ 5,100 on Milk Tea.

Average Spending Per Person for Milk Tea

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Philippine Market in ₱eso

Total Philippine Market in ₱eso!

According to the PSA the population in 2020 is a total of 109,947,900. If you would calculate the potential market assuming the age bracket is from age 15 up to 40 you will have a total of 45,261,800 potential customers that might be buying Milk Tea.

That would be almost 41.2% (=45,261,800 / 109,947,900) of the total population that fit the target market.

That would mean assuming that every person would be buying 5 Milk Tea a month this is the potential marketing in ₱eso.

45,261,800 x ₱ 85 a week = ₱ 3,847,253,000
45,261,800 x ₱ 425 a month = ₱ 19,236,265,000
45,261,800 x ₱ 5100 a year = ₱ 230,835,180,000

Average Spending Estimates Entire Philippines

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As you can see these are estimates and the numbers are staggering high. It is very certain that these estimates are not yet reached. That means that the market has still full potential. As big brand like ChaTime, Infinitea and the likes are still opening many consistently. Lets look at the total number of stores at the moment.

Top Flavours of Milk Tea drinks in the Philippines

In the Philippines the top flavour drinks are cheese, milk tea with pearl, winter melon, pandan, and chocolate. As sinkers the tapioca pearls are most common as add on for their Milk Tea followed by cheese and pudding. One of the preferred times to order Milk Tea is during the lunch time on all days of the week, confirming that it’s the perfect complement to a midday meal.

Many Milk Tea Brands

With over 1,500 brands of Milk Tea Businesses and with over 4,000 outlets the most common one currently in the Philippines are Chatime, Coco Fresh Tea & Juice, Macao Imperial Tea, Ochaya, Koi Tea, Cafe Amazon, The Alley, iTea, Gong Cha, Tiger Sugar and Serenitea.

However, there every single month opening more than hundreds Milk Tea Businesses who does not have strong branding but does very well. Even big brands are still expanding to other regions. This indicates that there is so much demand for Milk Tea that any store that opens without a strong brand can easily survive. As the trend of Milk Tea is still strong and growing.

The numbers are growing and Philippines is one of the largest and strong growing markets to start. If you are considering about this, now it truly a time to start.

What you can expect from How to start a Milk Tea Business Package

  • The recipes to make the perfect MILK TEA ... (And NO!!! It is easier to do than you think.) - Milk Tea Recipes and Suppliers & Videos

  • Discover how BIG and we mean REALLY BIG the Milk Tea market in the Philippines is and it is growing ... (The numbers here will ABSOLUTELY SHOCK YOU) - Book: Milk Tea Market and Trends

  • How much you CAN earn from Milk Tea a Business owner... (If you look at the earnings OMG!!! It is the BIGGEST trend since COFFEE!) - Book: How To Start A Milk Tea Business (Page 45)

  • Multiple Milk Tea suppliers and 1 of them is THE TAIWANESE MILK TEA MANUFACTURE in the Philippines... (NO MILK TEA BUSINESS will tell this little SECRET!) - Book: Milk Tea Recipe and Suppliers

  • Understand how to calculate your estimated costing for starting your business... (EVEN IF YOU DO NOT KNOW HOW!!! OUR AUTOMATED costing template will show you in seconds results!!! YOU WILL LOVE THIS) - Profit Calculator Excel

  • OVER 200 PAGES of details, information, recipes, product info, equipment details, suppliers and MORE... (THE MOST COMPLETE PACKAGE you can find about how to start a MILK TEA BUSINESS online...!)

What you will get from Milk Tea Business Package

  • MILK TEA Recipes and instructions

  • Over 40 MILK SHAKE and FRUIT SHAKE Recipes

  • Over 30 FRAPPE Recipes

  • Multiple Video instructions

  • Learn about Sinkers (Pearls, Grass Jelly, Pudding and more!) and Toppings (Rock Salt, Sour Cheese and Milk Foam)

  • Complete Automated and EASY to USE Excel Calculations sheets (This is what every business owner must have)

Are you interested to get yours?

  • BDO Online banking

  • GCash

  • PayMaya

Press the button below to chat now for only ₱ 199. Price will go up soon, so hurry up! Order now.

Chat & order your Milk Tea Business Guide for ₱ 199 now

Discover what others are saying with over 1500 reviews!

This guide is complete and absolutely a great buy. Im happy that they cover alot of the financial side of the business in Excel. Making it easy to calculate. :)

Karen

In my business we already offer a lot of shakes and coffee. But now with so many people asking for milk tea I decided to learn more about it. The guide is pleasing and easy to read. Everything was in there that i needed. Will be offering milk tea in my store once covid is over!

April

The seller responded quickly and send email fast.

Marie

I wanted to learn something new and one of my favourite drinks is milk tea. I took their offer and there is so many drinks on their recipe. I tried to make it and it tasted great.

Isabella

Grabe naman, this offer is so good! I first was hesitant but decided to buy it is only 199. Really good deal for what you get.

Leah

Excellent book. :D

Grace
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