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MARKETING ANALYSIS OF STARBUCKS FORMAT OF TASK THAT YOU MUST FOLLOW 1. Executive Summary 2. Brief Introduction Revise and reposition an already existing product or
MARKETING ANALYSIS OF STARBUCKS
FORMAT OF TASK THAT YOU MUST FOLLOW
1. Executive Summary
2. Brief Introduction
- Revise and reposition an already existing product or service OF STARBUCKS
3, Market Research and The Marketing Audit & SWOT
- The customer landscape, the major segments in the market and the needs and factors that might affect purchasing behaviour. Customer Analysis. .
- The competitors, their strategy and their strengths and weaknesses .
- Examine existing Suppliers and Distributors if relevant. .
- The relevant macro - environmental [forces and trends] - political/ legal, economic, ecological, social and technical factors that might impact your choice of market (PEEST) Macro forces and trends at play.
4. Marketing Objectives
5. Marketing Strategy
- Specific marketing objectives. What are your marketing goals and objectives. .
- Core Strategy: Market segmentation, targeting and positioning strategy. Clearly outline your value proposition, what is your value proposition, how you intend to compete to achieve your objectives. .
- Apply the marketing mix framework /FOUR Ps (Product, Price, Place, Promotion, People, Process, Physical Evidence) to delivery on your strategy.
6. Marketing Actions: Marketing Mix
7. Metrics and Evaluation
8. Conclusion
9. References
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