I. Cost Leadership & Differentiation strategies A/ My perspective on the issue As far as I’m concerned‚ cost leadership and differentiation are the most popular strategies applied in business battlefield. Each has its own pros & cons‚ aims and sticks firmly to companies’ different long-term goals. And here are my brief comparison tables between them : Cost leadership Differentiation Staples Provide customers with standardized products at the lowest prices Provide customers with products having
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available to a firm: differentiation or cost leadership. Both strategies can be applied either into a focused market or a broad market. Do you agree that these are the only two strategies available? Are they mutually exclusive? Why or why not? Porter’s Generic Strategies Target Scope Advantage Advantage Low Cost Product Uniqueness Broad(Industry Wide) Cost Leadership Strategy Differentiation Strategies Narrow (Market Segment) Focus Strategy(low cost) Focus Strategy(differentiation) Generally
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Costa Coffee Costa Coffee was founded by Italian brother Bruno and Sergio Costa in Lambeth‚ London in 1971. Then in 1995‚ Costa was sold to Whitbread Company as its subsidiary. During the period of global economic recession‚ 2009‚ Costa achieved a remarkable level with 60% profit increased and 23% revenue increased1. Moreover‚ as the largest coffee chain in UK‚ Costa paid £36m for the acquisition of ‘Coffeeheaven’ at the end of 2009. So far‚ Costa Coffee operates in 28 countries with the total
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------------------------------------------------- Costa Coffee The Handcrafted Taste External Environmental Factors April 14‚ 2011 Team Members: Alaa Korayem | 7100112 | Mohamad Shafshak | 7102413 | Mourad El-Kerdany | 7100053 | Nada Shalash | 7100835 | Remote Environment The remote environment comprises factors that originate beyond and usually irrespective and out of Costa Coffee ’s control. Economic factors Since Costa Coffee is a multinational business‚ top-level managers
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which a business seeks to differentiate its products. The four strategies are summarised in the figure below: The differentiation and cost leadership strategies seek competitive advantage in a broad range of market or industry segments. By contrast‚ the differentiation focus and cost focus strategies are adopted in a narrow market or industry. Strategy - Differentiation This strategy involves selecting one or more criteria used by buyers in a market - and then positioning the business uniquely
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required: yes/no For Office Use Only__________ Tutor______________________ Final Grade_________ Date _______________ 1 2 The Marketing Profession A Business Report of Costa Coffee as a main competitor of BESO Coffee ______________________________________________ Antoaneta Yordanova Elena Docheva Fatme Bostandzhieva Sundus Aden ID number 000675498 ID number 000668575 ID number 000668250 ID number 000615153
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INTRODUCTION In the last five years‚ the coffee brewing industry has seen so much activity in terms of massive changes in the landscape of coffee brewing companies. These changes range from mergers and acquisitions to changing consumer tastes and finally‚ to different branding strategies. These activities are expected to continue over the course of the next ten years. Costa Coffee is one of the leading companies in UK’s coffee brewing industry in terms of the volume of sales and profitability
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Brand Identity: Their brand name is their signature. “Costa” signifies luxury‚ excellence and perfection. The image of Costa is luxury and comfort with style. The theme of Costa‚ from the brand logo‚ the color scheme of the premises to the entire feel is warm tones and relaxing colors. Their ambience is trendy and soothing as well. According to me Costa is the comfortable place to relax‚ chill‚ spend quality time and have a warm experience which not only brings back customers but through
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The Costa Experience Jake Davies Careers at Costa In-Store Careers: Join our team of Costa Baristas‚ committed to delivering an exemplary experience to every customer. We’ll teach you how to make the perfect coffee with speed and precision‚ while brining your own passion and determination. In return for the skills you bring to costa we’ll pay you our starting hourly rate of £6.36‚ which will progress upwards as you do. Or join us as either a Store Manager or Assistant Manager: As a Store Manager
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STUDY: COSTA EXPRESS The brief Millions depend on the hot jolt of java a perfect elixir to jumpstart their day. Coffee now an essential part of the busy fast life helps to keep us functioning and match the pace. In this age of quick fixes‚ a perfect flavorsome cup of coffee also will no longer need waiting. Costa Coffee plans to introduce ‘coffee on the go’. Whitbread the parent company for Costa has acquired self-service coffee chain Coffee Nation and plans to launch a new brand‚ Costa Express
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