Entrepreneurship
9/20/14 Dunkin’ Donuts Competitive Analysis
Dunkin’ Donuts
Target Market: the blue color middle class working American, both males and females, ranging in age from 18-45
Demographic Segmentation: Their salaries range from $40,000 to $100,000 annually. They are coffee enthusiasts, mainly people on the go, and some families.
Psychographic Segmentation: a working professional, with a family. They are generally in their thirties and enjoy a good coffee drink and occasional doughnut before work to get their day started.
Geographic Segmentation: urban areas with a mix of all different races as well as suburban areas with middle class families
Behavioral Segmentation: Customers that want an easy to understand menu and an easy to give order with stores that have a laid back feel without having to find a seat among the sea of laptop users who stay hours at a time like Starbucks
Product Positioning:
Starbucks (direct competitor) Target Market: 9-5 white-collar workers between the ages of 25 and 44
Demographic Segmentation: well educated men and women either students or business ages 25-44 having a house hold income of over $90,000 living in either suburban or inurban areas.
Psychographic Segmentation: high middle class married, well educated men and women with children in the age of 40.
Geographic Segmentation: Suburban areas
Behavioral Segmentation: regular to heavy users that enjoy the European coffee house feel and don’t mind paying for quality of service.
Product Positioning: A premium coffee product, premium price, premium quality, and premium service that goes far beyond the coffee.
Starbucks holds themselves at a higher standard than Dunkin’ Donuts, starting with their target market. Starbucks’ ideal customer is the white educated female businesswoman in between the ages 25-45. While Dunkin Donuts’ ideal customer is the average Joe, a blue collar middle class working man between the ages of 18-45 who is always on the
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