STARBUCKS COFFEE COMPANY Company Background Since opening its first store in Pike Place Market‚ Seattle‚ Washington (USA) in 1971‚ Starbucks has established itself as the world’s leading retailer‚ roaster and brand of speciality coffee with over 13‚000 outlets in 39 countries (Starbucks Corporation 2007a‚ b)1. The company‚ which ranks amongst the world’s top 100 global brands (Interbrand 2006)2‚ has an impressive record of sales and profit growth (See Table 1). In FY2006 Starbucks achieved
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Marketing The business that I choose is retail food industry/fast food chain business. For example‚ McDonald’s is my case study in this proposal. This fast food chain business began with Raymond Albert Kroc. Ray Kroc was the exclusive distributor of a milk shake maker called the Multi mixer. That time‚ Richard and Maurice two brothers were the owner of a brand and ran a burger restaurant in San Bernardino‚ California‚ in the 1950s. In 1955‚ Ray Kroc founded the brand’s Corporation and opened
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Most of us have heard the new slogan‚ more than some of us have been exposed to the commercials and the social networking campaign that spread throughout the internet faster than wildfire and a virus; like a viral wildfire. “It’s More Fun in the Philippines!” But‚ after we laughed at the wit‚ marvelled at the creativity of the pictures with the now eponymous tagline on the internet‚ we are left to wonder; Is it Really more Fun in the Philippines? I’ve lived my entire life in the Philippines‚ not
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Microenvironment Intermediaries: AVINAA has many marketing intermediaries that distribute products to customers in more than 37 cities of Vietnam. Especially‚ AVINAA vodka is sold and distributed in the largest cities and populous cities of Vietnam and almost big districts in these cities. Those channel firm are mainly retailers. http://www.avinaa.com/ (AVINAA vodka > Distribution agents) a. Strengths: - AVINAA has many large retail corporations and stores available‚ which assist company
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The Generation Gap Today’s Workforce Today’s Workforce Traditionalists (1922 - 1945) ✤ ✤ ✤ ✤ ✤ Aliases: Veterans‚ Silent Generation‚ Greatest Generation Lived through WWII and were taught core values‚ respect for authority Traditionalists enjoy sharing their knowledge and history High value on loyalty and hard work Want to provide more opportunity to their children than they had Today’s Workforce Traditionalists (1922 - 1945) ✤ ✤ ✤ ✤ ✤ Aliases: Veterans‚ Silent Generation‚ Greatest
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MA Design (ADM Pathway) / Semester 2 12/13 Module: Final Major Project / Module code: ARTD 6081 Easter Brief: FMP Presentations + 500 words summary Brief set: 11.3.13 Deadline: 16.4.13 & 17.4.13 Tutors Dr Cui Su c.su@soton.ac.uk Giulia Zaniol g.zaniol@soton.ac.uk Julian Gee j.gee@soton.ac.uk Introduction By now you should all be familiar with how to write a research proposal. An exemplar research proposal by last year’s top student is uploaded on BB for your reference
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Price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first‚ then lowers the price over time. It is a temporal version of price discrimination/yield management. It allows the firm to recover its sunk costs quickly before competition steps in and lowers the market price. Price skimming is sometimes referred to as riding down the demand curve. The objective of a price skimming strategy is to capture the consumer surplus. If this is done successfully
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CASE STUDY - SONY CORPORATION A record number of Sony Corporation shareholders‚ total 9‚500‚ gathered in a posh hotel in Tokyo on 27th June 2012 waited anxiously for the new chief to reveal revival plan and strategies for Sony. This was Kazuo Hirai‘s first interaction with the share holders. Board of Sony Corporation had announced him as the new Chief Executive in February 2012 and he had taken over charge in April 2012. Kazuo Hirai‚ 51 years old new CEO‚ first asked the outgoing American
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Marketing Assignment 1 Submitted To: Professor Vijayaraghavan P Department of Management Studies IIT Madras Submitted By: Isheeta Sengupta | MS13A025 | Jagrit Dhingra | MS13A026 | Prashant Tripathi | MS13A042 | Sriram Mohan | MS13A064 | S Sai Uday Kumar | MS13A055 | Acknowledgement Our project would not have been successful without the valuable guidance provided by Professor Vijayaraghavan P who guided us on how to approach the problem and find its solution. We’re also
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Marketing Mix The marketing mix for a product is a major factor in influencing whether a business can sell it profitably. The marketing mix is made up of seven interrelated decisions − the 7Ps. The four key ones are product‚ price‚ promotion (including advertising and packaging) and place (where and how a product will be sold to consumers). The other 3Ps largely relate to marketing services – people‚ process and physical evidence. Consumers require the right product. This might be an existing
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