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What does Starbucks sell, and why are people willing to pay for it? At a minimum, the answer should address the following: If I tell

"What does Starbucks sell, and why are people willing to pay for it?"

  • At a minimum, the answer should address the following:
  • If I tell you Starbucks product is not coffee, then what is the product?
  • Identify and explain all the tangible and intangible attributes of the product. Cite at least two feature-function-benefit examples of Starbucks' offerings.
  • Give opinions as to why people are willing to pay more at Starbucks.

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