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Starbucks marketing
Brief history of the term “marketing-mix”
 1964’ Neil H. Borden published “The Concept of the Marketing
Mix”
 “Marketing-Mix” included: product, planning, price, branding,
distribution channels, personal selling, advertising, promotions, packaging,
display, servicing, physical handling, and fact finding analysis
Brief history of the term “marketing-mix”
 1940’s James Culliton
“marketing manager=mixer
of ingredients”
Brief history of the term “marketing-mix”
 E. Jerome McCarthy grouped each aspect into 4
categories
 The 4P’s of Marketing:
product, place, price,
promotion
The 4 P’s of Starbucks Marketing
1. Product
 Must meet customer requirements
 Products should meet expectations
 The goal is to satisfy consumers needs
The 4 P’s of Starbucks Marketing
1. Product
 Starbucks is known for one product: extremely good
coffee
 No more breakfast sandwiches because does not
compete with coffee aroma
The 4 P’s of Starbucks Marketing
2. Price
 Discounts, financing
 Price decisions: profit margins and response of
competitors
 Determined by the quality of the product and the
target consumers
The 4 P’s of Starbucks Marketing
2. Price
 Starbucks has achieved the highest price point for
cofee in the restaurant industry
 Consistent high quality beverage
 Threat of competitors: McDonald’s- McCafe
Dunkin Donuts- Dunkachino
 Starbucks counter offer: $1 cofee item
The 4 P’s of Starbucks Marketing
2. Price
The 4 P’s of Starbucks Marketing
3. Place
 Channels of distribution
 Distribution decisions include market coverage, channel member
selection, logistics, and levels of service
The 4 P’s of Starbucks Marketing
3. Place
 Starbucks has strategically located its retail locations
 Target potential customers
The 4 P’s of Starbucks Marketing
3. Place
 College campuses
 Irreplaceable real estate
 Helpful mobile applications
with store locations
The 4 P’s of Starbucks Marketing
4. Promotion
 Business of communicating with customers
 Promotion decisions involve advertising, public
relations, media types
 Successful promotion increases sales
The 4 P’s of Starbucks Marketing
4. Promotion
 Starbucks is an overall success story when it comes
to promoting their products and services
 Brand image: “the third place”, unique & relaxing
atmosphere
The 4 P’s of Starbucks Marketing
4. Promotion
 Use technology to promote their brand
 Social Media Marketing: Facebook daily notices
 Free wifi
 Loyalty cards
Starbuck’s ads
 Starbucks: Make a Difference. Take The Pledge:
http://www.youtube.com/watch?v=KRFofwu-0o4
 Starbucks new TV advert, UK:
http://www.youtube.com/watch?v=19r4I70fZRU
 Starbucks "Mondays Can Be Great" Campaign:
http://www.youtube.com/watch?v=sj5NxPryPXE
END

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starbucks-marketing.ppt

  • 2. Brief history of the term “marketing-mix”  1964’ Neil H. Borden published “The Concept of the Marketing Mix”  “Marketing-Mix” included: product, planning, price, branding, distribution channels, personal selling, advertising, promotions, packaging, display, servicing, physical handling, and fact finding analysis
  • 3. Brief history of the term “marketing-mix”  1940’s James Culliton “marketing manager=mixer of ingredients”
  • 4. Brief history of the term “marketing-mix”  E. Jerome McCarthy grouped each aspect into 4 categories  The 4P’s of Marketing: product, place, price, promotion
  • 5.
  • 6. The 4 P’s of Starbucks Marketing 1. Product  Must meet customer requirements  Products should meet expectations  The goal is to satisfy consumers needs
  • 7. The 4 P’s of Starbucks Marketing 1. Product  Starbucks is known for one product: extremely good coffee  No more breakfast sandwiches because does not compete with coffee aroma
  • 8. The 4 P’s of Starbucks Marketing 2. Price  Discounts, financing  Price decisions: profit margins and response of competitors  Determined by the quality of the product and the target consumers
  • 9. The 4 P’s of Starbucks Marketing 2. Price  Starbucks has achieved the highest price point for cofee in the restaurant industry  Consistent high quality beverage  Threat of competitors: McDonald’s- McCafe Dunkin Donuts- Dunkachino  Starbucks counter offer: $1 cofee item
  • 10. The 4 P’s of Starbucks Marketing 2. Price
  • 11. The 4 P’s of Starbucks Marketing 3. Place  Channels of distribution  Distribution decisions include market coverage, channel member selection, logistics, and levels of service
  • 12. The 4 P’s of Starbucks Marketing 3. Place  Starbucks has strategically located its retail locations  Target potential customers
  • 13. The 4 P’s of Starbucks Marketing 3. Place  College campuses  Irreplaceable real estate  Helpful mobile applications with store locations
  • 14. The 4 P’s of Starbucks Marketing 4. Promotion  Business of communicating with customers  Promotion decisions involve advertising, public relations, media types  Successful promotion increases sales
  • 15. The 4 P’s of Starbucks Marketing 4. Promotion  Starbucks is an overall success story when it comes to promoting their products and services  Brand image: “the third place”, unique & relaxing atmosphere
  • 16. The 4 P’s of Starbucks Marketing 4. Promotion  Use technology to promote their brand  Social Media Marketing: Facebook daily notices  Free wifi  Loyalty cards
  • 17.
  • 18.
  • 19. Starbuck’s ads  Starbucks: Make a Difference. Take The Pledge: http://www.youtube.com/watch?v=KRFofwu-0o4  Starbucks new TV advert, UK: http://www.youtube.com/watch?v=19r4I70fZRU  Starbucks "Mondays Can Be Great" Campaign: http://www.youtube.com/watch?v=sj5NxPryPXE
  • 20. END