Indonesia’s Kopi Kenangan Aims To Be The Largest Coffee Chain In Southeast Asia

  Рет қаралды 32,799

Forbes

Forbes

Күн бұрын

Пікірлер: 148
@muhammadhanif4113
@muhammadhanif4113 2 ай бұрын
They are doing good financially. I hope they become bigger but not overpricing like starbucks.
@raineheartily4580
@raineheartily4580 2 ай бұрын
their place is less fancy but the pricing is easily half of starbucks price while still having pretty good products.
@sakurachristineito6428
@sakurachristineito6428 2 ай бұрын
If you come to Indonesia, you would know that there are tonssssss of better ones than Kenangan. Especially the local ones who can source high quality beans from plantations in Indonesia it's such a fine coffee drinking experience
@DesiranKehendak
@DesiranKehendak 2 ай бұрын
I believe in your statement, but it's not about who has the best or better quality of the product, is it. It's about the scale. To have the giant scale as Kopi Kenangan and sustain it, they must put insane amount of works.
@ironheart8374
@ironheart8374 2 ай бұрын
Insane money as well
@DesiranKehendak
@DesiranKehendak 2 ай бұрын
@@ironheart8374 definitely. But why better taste coffee brands don't get it.? It's really about something that appealing to larger mass. Just like any other products. Like musics, the most popular or most selling out albums are not necessariliy the best music out there. They are just, more appealing to broader mass of people
@cholidid1464
@cholidid1464 2 ай бұрын
​@@DesiranKehendakthe other founders didnt meet tech VCs who do coffee
@hitthedeck4115
@hitthedeck4115 2 ай бұрын
Expanding your business is not about making the best quality product.
@MaydiLoli
@MaydiLoli 2 ай бұрын
I went to Singapore last July and i saw queuing was quiet long at Kopi Kenangan. Is it only because of the cheap price ? I personally prefer Kopi Kenangan than any other coffee shop.
@SuryaSurya-re3vn
@SuryaSurya-re3vn 2 ай бұрын
where is the location in Singapore? I am living in Singapore but never seen Kopi Kenangan
@anyarbach
@anyarbach Ай бұрын
There are few outlets in Singapore, Jewels, Orchard, Raffles etc.
@ardhisyaifuddin4966
@ardhisyaifuddin4966 Ай бұрын
There's one I saw in Changi terminal 4.
@adiburizal5958
@adiburizal5958 Ай бұрын
When a tourist comes and buys coffee on the street in Indonesia, he says "this is better than Starbucks."
@kimdongdot2471
@kimdongdot2471 Ай бұрын
I can say this kopi kenangan is better than *bucks..better in flavor n much more affordable..
@paboviewer6942
@paboviewer6942 Ай бұрын
Taste wise not better than bucks but cheaper thats for sure.
@JohnWaseso-u1d
@JohnWaseso-u1d Ай бұрын
This is new for me, gotta taste it myself😁
@EpicVice
@EpicVice Ай бұрын
lebih suka point coffee daripada kenangan, siapa disini yang sama?
@mmddyyyy-his
@mmddyyyy-his 27 күн бұрын
Flash kopi
@rabinraj15
@rabinraj15 Ай бұрын
Terbaik Indonesia!! 💪🏽 Jom buka di Sabah!
@watchlisten5276
@watchlisten5276 Ай бұрын
Soon
@Picklepuppy00
@Picklepuppy00 Ай бұрын
Amin
@AhmadAshrinAbdulJalil
@AhmadAshrinAbdulJalil 2 ай бұрын
After boycotting Nescafe, I drink Indo Cafe... Good tasting instant coffee
@anythingwrez2932
@anythingwrez2932 Ай бұрын
Me too
@marktrinidad7650
@marktrinidad7650 2 ай бұрын
I would rather buy from Kopi instead of overpriced Starbucks.
@ridhobaihaqi144
@ridhobaihaqi144 2 ай бұрын
Nice. Pancasila/nusantara credits +1000 points.
@Iceyfire12
@Iceyfire12 2 ай бұрын
Or Cafe Amazon!
@irwindavanya2750
@irwindavanya2750 2 ай бұрын
Even kopi liong taste better than sbux overprice americano. And thats not because i'm indonesian 😂
@paijo313
@paijo313 Ай бұрын
indonesian brands; kenangan, tuku, fore on 🔥
@irabakri2662
@irabakri2662 Ай бұрын
Kenangan itu kopi standar yg enak buat ukuran harga 18-19rb (USD 1,25). kalau mau lebih enak banyak, tapi ya ga selalu ada dimana2. Kopi kenangan itu ibarat kata indomie-nya gerai kopi.
@jazzcoustic
@jazzcoustic Ай бұрын
Its better tastes and price than starbuck... lol
@paboviewer6942
@paboviewer6942 Ай бұрын
Better price but not taste...
@watchlisten5276
@watchlisten5276 Ай бұрын
⁠@@paboviewer6942for me kopi kenangan has better taste and price
@jeek78
@jeek78 2 ай бұрын
Nah, never a fans of overpriced coffee chain..... always support the local uncle aunty coffee... cheaper and relatable
@Tomb4k
@Tomb4k Ай бұрын
Try Kenagan, similar to our own Malaysia Zus coffee but higher price. Still prefer Zus with more affordable prices.
@corgansow6173
@corgansow6173 Ай бұрын
Our Zus coffee is cheaper and taste better. Last time tried Kenangan I tasted burnt coffee instead
@Tomb4k
@Tomb4k Ай бұрын
@corgansow6173 indeed. Pricing play factor here. Their may successful in theirnown yard. But not outside.
@BadasHype
@BadasHype Ай бұрын
Nope. Have tried coffee latte at Kenangan once, several times at Dunkin from Massachusetts, Illy from Hungary but my taste is always at "Coffee Bean & Tea Leaf" from California and Zuss Coffee original Malaysia. I would like to try the Coffe latte at Tim Hortons from Canada.
@rimaskautsar4058
@rimaskautsar4058 Ай бұрын
Kopi Kenangan is one of my favourite coffee
@jar3729
@jar3729 2 ай бұрын
This brand can be the biggest in Indonesia, but the whole SEA? Good luck as every SEA countries has their own local and loved brands.
@MawangHujan-fl2zn
@MawangHujan-fl2zn Ай бұрын
Big in Indonesia means big in Southeast Asia. Population of Indonesia is a half of SEA population.
@biggbro9
@biggbro9 Ай бұрын
Yupp..I don't think it will work in other SEA countries as each one has their own homegrown local brand.
@mjy87
@mjy87 Ай бұрын
I doubt how Kopi Kenangan's grab-and-go strat would fare in the Philippines. We already have a similar franchise here - Pickup Coffee - which sells drinks at less than 2.00 USD. People here don't really care if the coffee is made from beans from some remote mountain or it's just instant coffee with a dangerously high amount of sugar. Most Filipinos patronize Starbucks not for the coffee - it's for the status symbol and premium space that we can use to meet up with colleagues, family, and friends. Price does matter, but in the PH market, I don't think that is a profitable space for this brand to compete in.
@mrizaldi7199
@mrizaldi7199 Ай бұрын
It's already biggest in the SEA . Because indonesian population itself are 270 million. Ofc the revenue gonna be huge compared to other coffee shop in the region.
@hafizilmi7255
@hafizilmi7255 Ай бұрын
It doesn't need to expand in other country of Southeast Asia. Just focus in Indonesian market and easily the biggest.
@moriokamoriko9555
@moriokamoriko9555 Ай бұрын
Memories coffee
@paijo313
@paijo313 Ай бұрын
lets buy local brand coffee, the taste n price better then bucks!! kenangan is one of it
@AlvanTama-Pis
@AlvanTama-Pis Ай бұрын
I like kopi kenangan ❤
@17meisha
@17meisha Ай бұрын
Enak sih, janji jiwa juga enak. Dari pada Starbucks yg mahal, mending kopi kenangan atw janji jiwa. J.co juga enak! ❤️❤️❤️
@MbahMu9829
@MbahMu9829 2 ай бұрын
He's also in "very good terms" if not part of Indonesian president's inner circle. So . There you go
@happinesscompilation5252
@happinesscompilation5252 Ай бұрын
Basically, he's a cover to launder money for corrupt Indonesian politicians.
@rafifmuflihh
@rafifmuflihh Ай бұрын
kenangan mantan🤤
@atrynkhansyghma3698
@atrynkhansyghma3698 Ай бұрын
Your earnings are impressive! I’m aiming to reach that level too.
@noirisneo
@noirisneo Ай бұрын
Jco has the best donuts with affortable price but in coffee sector i prefer Lokale
@FeriFerdinan-i7o
@FeriFerdinan-i7o Ай бұрын
"Kenangan" in english mean "Memory"
@PancaPrasetya-mg1ps
@PancaPrasetya-mg1ps Ай бұрын
Aku langganan kopi kenangan harganya tidak terlalu mahal tapi enak untuk nongkrong
@ayfa08
@ayfa08 Ай бұрын
The kopi kenangan and J'co can be sold cheaper, because they dont need to pay franchise. And simultaneously the coffee's taste are better than bucks or other foreign franchises.👍😊
@michelle-nm2jk
@michelle-nm2jk 2 ай бұрын
MADE IN INDONESIA 🇮🇩🇮🇩🇮🇩🦅🦅
@giraffestreet
@giraffestreet 2 ай бұрын
How are they gonna be "top of mind" after expanding outside Indonesia when their names is hard to pronounce?
@gilangh1780
@gilangh1780 Ай бұрын
I guess it's due to their unique name and marketing, such as their flagship menu 'kopi kenangan mantan' literally means 'memories-of-ex coffee'
@VictoriaVoltia
@VictoriaVoltia Ай бұрын
"Kenangan" is a word. Its recognized word in Malayan civilizations like in Malaysia and Singapore. The people in Malaysia and Singapore already know to pronounce the world before this brand existed. So, the company get a nice traffic in brand recognition from using that word. Their brand also using romance niche, aiming at young customers market. The "Kenangan" which usually used in lovey dovey memories. Their product also use words like "mantan" which is ex-lover. Another one using "Kenangan terindah" which means most beautiful memories. and many others like that. They positioned their product to the right audience in Indonesia with large proportion of its population are from late millennial and early gen-z population range. I dont know how they gonna position themselves at marketing on other countries, but I wish them luck. I'm highly proud of them.
@ornachia2489
@ornachia2489 Ай бұрын
Do you think people outside America or English speaker country understand and well knowing "Starbucks" as a word?? In Indonesia we called it Sbux
@alfianmelodic
@alfianmelodic Ай бұрын
Support local 👍🏽
@ayfa08
@ayfa08 Ай бұрын
I am waiting which one would be a winner in South-east Asia region, kenangan or J'co, where J'co has been beginning from 5-6 yrs before.
@repubug1365
@repubug1365 2 ай бұрын
Even in indonesia, kenangan is NOT #1 now among local brands
@mrizaldi7199
@mrizaldi7199 Ай бұрын
Dari segi pendapatan sudah no.1 di indonesia. Kalo rasa ya lain cerita
@vianhoho19
@vianhoho19 Ай бұрын
Taste? Sure. Scale? No competition 😅
@phoenix5054
@phoenix5054 2 ай бұрын
Jollibee acquired CBTL and Korea's Compose Coffee. They might plan to expand in the Philippines soon, so IDK about that.
@ariawan_t
@ariawan_t Ай бұрын
Local Pride of Indonesia...😂
@paranoya733
@paranoya733 Ай бұрын
Brisik
@klmtech6440
@klmtech6440 14 күн бұрын
Kopi Kenangan stores don't look as crowded as when they just started. Many new competition now for cheaper coffee like Tomoro coffee, Fore coffee and Janji jiwa. It's a good Coffee brand but revenue numbers seems inflated...
@fajarcahyono3693
@fajarcahyono3693 Ай бұрын
If you are care about both price & quality, Kopi Kenangan is much better than Starbucks. If the sellers offer better price and quality, I will choose it and I don't care if it's local or foreign
@Siluman_Rubah
@Siluman_Rubah Ай бұрын
Much better than starbug
@arthurwatts1680
@arthurwatts1680 Ай бұрын
I hope it's better than OldTown White Coffee. I get that Malaysians are proud of their homegrown products, and maybe I just didn't know what to order, but compared to a standard flat white in Australia I was very unimpressed.
@leealex24
@leealex24 Ай бұрын
zus coffee is malaysian brand
@KakekSugionoCR7
@KakekSugionoCR7 Ай бұрын
Kenangan mantan
@ddlpt
@ddlpt Ай бұрын
Better than Starbucks !
@juanindojorgijanad782
@juanindojorgijanad782 Ай бұрын
Be advised, folks! Kopi Kenangan will go global.
@ichsansandi4101
@ichsansandi4101 Ай бұрын
This coffee chain is good. Absolutely better than Starbucks! There are other options but "KopKen" (in short for Kopi Kenangan) has its taste characteristic. It's one of the pioneers in the industry. However, I prefer Point Coffee of Indomaret Convenience Store since it is more accessible, but a bit more pricey (starting at 25.000 IDR). For a cheaper option, I prefer Kopi Tuku because it's cheaper 😃 At a mid-level price point (above Point Coffee under Starbucks), Tomoro Coffee tastes better and has more flavor and topping options. What KopKen did better than its competitor is its way of building and maintaining its brand level. It's amazing how KopKen is still at the top of the minds of customers when there are so many competitors in this industry.
@jonwick7635
@jonwick7635 2 ай бұрын
Has kenangan in profits already?
@muhammadsecret8783
@muhammadsecret8783 Ай бұрын
Of course profit is already large, the shop is not own by them, but other business people, they just sell the Brand and the management to manage the coffe shop. So each shop already some one else business, this is why they can grow very fast. No one will enter such partnership if they dont have large profit in their first year operation
@newjohnjuma
@newjohnjuma 2 ай бұрын
I also want to make it for society's sake who wanna cash in on my ideas
@Semangatdonks
@Semangatdonks 2 ай бұрын
Revenue? What about the net profit?
@cholidid1464
@cholidid1464 2 ай бұрын
Reports say in 2022 loss of rp452 billion or ~us28 mil
@hitthedeck4115
@hitthedeck4115 2 ай бұрын
What is net profit? It's all about growth!
@muhammadsecret8783
@muhammadsecret8783 Ай бұрын
@@hitthedeck4115 Of course profit is already large, the shop is not own by them, but other business people, they just sell the Brand and the management to manage the coffe shop. So each shop already some one else business, this is why they can grow very fast. No one will enter such partnership if they dont have large profit in their first year operation
@ArifSetiawan-k2o
@ArifSetiawan-k2o 2 ай бұрын
Coffee makes you unable to sleep too hard 😮
@adhisarakridowasono1019
@adhisarakridowasono1019 Ай бұрын
better than Starbucks
@mrprimarch6484
@mrprimarch6484 Ай бұрын
Peak coffee
@mcaslaf
@mcaslaf 2 ай бұрын
But Fore, Tuku and other few brands have better taste than this sugary brown drinks
@TheDKusuma
@TheDKusuma Ай бұрын
its not about taste... lol
@herryxujr.133
@herryxujr.133 Ай бұрын
Kopi Jago ♥ is Better than Kopi Kenangan.
@arghost9798
@arghost9798 Ай бұрын
Unless i can smoke in their place while enjoying the coffee. I will not go there.
@azax3813
@azax3813 2 ай бұрын
Indonesia maybe but south east Asia,no way.vietnam coffee,Thai coffee,Malaysia & Singapore mix market local and non.other country too poor to afford for franchise coffee
@eddyr1041
@eddyr1041 2 ай бұрын
Viet don't need chains coffee.. their coffee is too good
@azax3813
@azax3813 2 ай бұрын
@@eddyr1041 I agree,even the sit down back of alley coffee there is good.
@anaskhoiri3653
@anaskhoiri3653 Ай бұрын
​@@eddyr1041 if viet still thinking like those capitalizing market gonna take their coffe too 😂
@leealex24
@leealex24 Ай бұрын
malaysia got our local brand, zus coffee. Strong in malaysia, expanding to sg and phil next
@hafizilmi7255
@hafizilmi7255 Ай бұрын
Just focus on Indonesia market easily the biggest in Southeast Asia, as Indonesia is half of Southeast Asia population
@suhalaomo3278
@suhalaomo3278 Ай бұрын
really Kopi Kenangan that successful? In Indonesia there are many other coffee shops that taste way better... For me I prefer Fore....
@TheDKusuma
@TheDKusuma Ай бұрын
ini bukan tentang rasa mas bro... ini tentang bagaimana mereka membesarkan bisnisnya bisa sampai ke overseas... kalo soal mana yg lebih enak ga akan habis2 bahasanya karena itu selera
@AR-bh3mn
@AR-bh3mn Ай бұрын
Good by Starbuck 😅
@paboviewer6942
@paboviewer6942 Ай бұрын
Just wait until sugar tax regulated. The price gonna hit hard.
@kacanghijau166
@kacanghijau166 2 ай бұрын
imo indomaret point is better
@mhkhusyairi
@mhkhusyairi Ай бұрын
I understand it's normal for people to butcher other culture's words and names. I really do. But this is not your average influencer's video. You can do better, Forbes!
@panindonesia
@panindonesia Ай бұрын
Don’t think they can compete overseas especially Vietnam
@shinramx
@shinramx Ай бұрын
Kopi Kenangan = its all about sweet and over roasted .... also coffee taste somehow dissappear from their coffee ... it taste like syrup, milk, and alot of sugar
@gandaruvu
@gandaruvu Ай бұрын
That's practically all Indonesian kopi susu brands.
@janettamaryam5724
@janettamaryam5724 2 ай бұрын
It's to high calories for me 😅
@yuyij6703
@yuyij6703 2 ай бұрын
Won’t last long. Went to one of the outlets only to found out how bland it was compared to tens of other cafes mushrooming nearby with 1/3 less the price. Expanding simply because it has money is not the right way to go
@DreamAgainNetwork
@DreamAgainNetwork 2 ай бұрын
🫡💎📈
@TheMap1997
@TheMap1997 2 ай бұрын
I don't like kenangan. It seems they sell sugar instead of coffee 😞
@ridhobaihaqi144
@ridhobaihaqi144 2 ай бұрын
Overproud indo netizen: 😠😠🤬😡😡
@editorizal
@editorizal 2 ай бұрын
​@@ridhobaihaqi144inferior netizen: 😂😂😂😂
@raineheartily4580
@raineheartily4580 2 ай бұрын
you can always ask for less sugar options. indo default sugar level is overly sweet to me too. i remember trying out es-teh chainstore with less sugar and i was like, "this is the less sugar version? seriously?"
@torevalberg3510
@torevalberg3510 Ай бұрын
Here’s a secret: if you ask for “no sugar”, you get “no sugar”. Aint rocket science
@yuyij6703
@yuyij6703 Ай бұрын
It is bland..stingy and I found that its outlets here in Msia are almost empty. It simply tries to impress VCs by opening outlets as fast as it can before swooping the expected windfall through IPO exercise. It copy paste the same SOPs once used by Uber and NinjaVan. It might work 10 years ago but it won’t work now. I’m expecting things to unravel for this brand within 24 months
@SuryaSurya-re3vn
@SuryaSurya-re3vn 2 ай бұрын
I have tried so many coffees across many countries. And I must admit that Kopi Kenangan is the best coffee in the world.. the taste is just soooo good!!
@yukiaditya7352
@yukiaditya7352 Ай бұрын
Even Tuku is better
@First1ToComment
@First1ToComment 2 ай бұрын
First
@containedhurricane
@containedhurricane 2 ай бұрын
To taste the real coffee, don't add sugar, sweetener, milk or cream into it
@danal9335
@danal9335 2 ай бұрын
I agree, & Kenangan Americano tastes terrible 😅
@user-ckltbyh5I8j0a
@user-ckltbyh5I8j0a 2 ай бұрын
I smell the stench of jealousy in Southeast Asia 😂
@user-ckltbyh5I8j0a
@user-ckltbyh5I8j0a 2 ай бұрын
Even Indonesian coffee is known to be the best quality in the world, please enjoy it and don't be jealous😋
@biggbro9
@biggbro9 Ай бұрын
​@@user-ckltbyh5I8j0afunny how you consider his comment as a sign of jealousy..such shallow minded people
@user-ckltbyh5I8j0a
@user-ckltbyh5I8j0a Ай бұрын
@@biggbro9 I don't like it when many people in Southeast Asia don't support other Southeast Asians just because of jealousy and rivalry,And they prefer to remain dependent on western and east Asian products and remain third world
@kianhoongtee7717
@kianhoongtee7717 Ай бұрын
Overrated BS.
@ridhobaihaqi144
@ridhobaihaqi144 2 ай бұрын
Diabetes & overproud: 📈📈📈📈📈
@editorizal
@editorizal 2 ай бұрын
OVERREACT 💥💥💥💥
@giraffestreet
@giraffestreet 2 ай бұрын
OVERUSED AND OVERBEARINGLY ANNOYING
@AhamdMushaffa
@AhamdMushaffa 2 ай бұрын
Inferiority is the key
@irwindavanya2750
@irwindavanya2750 2 ай бұрын
They have 'no sugar' and 'oatmilk' option. Life is simple
@ThatDruidDude
@ThatDruidDude 2 ай бұрын
Echo chamber babies wot wottt
@toharstafgudang
@toharstafgudang Ай бұрын
Halah, apa yg mau dibanggakan? Sebentar lagi juga dibeli Singapura. Indonesia today is under Singapurean control. From Lion Air to Gojek. We, Indonesian , just living puppets. 🥵🤡
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