Preview

Marketing Mix Mkt/421

Better Essays
Open Document
Open Document
871 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Mix Mkt/421
STARBUCK’S COFFEE/ MARKETING MIX
VALISA BENSON,
MKT/421
JANUARY 9,2012
INSTRUCTOR:ROBERT HARRIS

STARBUCK’S COFFEE/ MARKETING MIX
Starbuck’s Coffee is not just selling products, but it is a label. It is a label and a brand that consumers believe in. Starbucks decided to be personal with their customers. Understanding the consumers thoughts became a main goal for the marketing team. The marketing team understands that people want to belong and people want to feel they are being or doing something better than the quote on quote “others”. To relay these feelings to the customers Starbuck’s Coffee base the appeal on the environment that it provides for the customer. Starbuck’s Coffee expects customers to arrive at a given store, relax at a table, talk, read, listen to music, study and drink coffee.
Starbucks also prides it’s self on diversity. Jim Donald, President and CEO of the Starbucks Corporation states, “When we embrace diversity, we succeed” (www.starbucks.com).
Creating The Environment
To create this type of environment Starbuck’s Coffee marketing team has placed conversation topics on the sides of each cup to spice up any meeting that one may have. Starbuck’s Coffee also allows all customers to have access to the internet which always can prolong a stay. Starbuck’s Coffee guarantee’s the average customer that is visiting a store; quick service with the surety to leave with the strong smell of a coffee house. They are so committed to having their stores feel and smell like a coffee house that they even prohibit their employees from wearing perfume and cologne because it takes away the aroma of the coffee. In addition, Starbuck’s Coffee makes sure that they are environmentally friendly so that it also adds to their image that they are promoting. (Kembell, 2002).
PLACE
Typically their stores are in high traffic locations where people will just encounter the store without having to search. Starbucks is placed in high-visibility locations. These



References: * Kembell, B., Hawks, M., Kembell, S., Perry, L., & Olsen, L. (2002, April). Catching the Starbucks Fever. Retrieved March 23, 2007, from http://www.academicmind. com/ unpublishedpapers/business/marketing/2002-04-000aag-catching-the-starbucks-fever.html * Lamb, C. W. & Hair J. F. & McDaniel C. (2008). Marketing. Ohio: Thomson Higher Education. * (2007). Starbucks affirms 40,000 total store goal. Retrieved May 2, 2007, From: http://today.reuters.co.uk/news/articleinvesting.aspx?view=cn&symbol=SBUX.O &storyid=205122+13-Mar-2007+RTRS&type=qcna * (2005, January 25). Starbucks Corporation. Retrieved May 2, 2007, From: www.datamonitor.com * (2006, December 03). Starbucks opens its first stores in Brazil. Retrieved May 2, 2007, From: http://starbucksgossip.typepad.com/_/2006/12/starbucks_opens.html * SWOT Analysis Starbucks. (2000-2007). Marketing Teacher. Retrieved May 1, 2007, From: http://marketingteacher.com/SWOT/starbucks_swot.htm * Starbucks Takes a Step to Music industry (2007, March 12). Media Korea.

You May Also Find These Documents Helpful

  • Good Essays

    Mkt/421 Marketing Mix

    • 1459 Words
    • 6 Pages

    Neil Borden, the president of the American Marketing Association in 1953, coined the term “marketing mix”. The marketing mix refers to Jerome McCarthy’s “4 P” method used to create an effective marketing strategy. The 4 p’s of the marketing mix are product, place, price, and promotion. (Investopedia, 2013)…

    • 1459 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Mkt 421 W2 Marketing Mix

    • 1487 Words
    • 6 Pages

    Perreault, W. D., Cannon, J. P., & McCarthy, E. J. Jr. (2009). Basic marketing: A marketing strategy planning approach (17th ed.). New York, NY: McGraw Hill.…

    • 1487 Words
    • 6 Pages
    Better Essays
  • Best Essays

    * Robert Gibson. (2007). Starbucks Corporation: How to Improve the Current Marketing Strategy. Available: www.plu.edu. Last accessed 29 September 2011.…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Good Essays

    Startbucks coffee company is a very large and popular company that conducts domestic and global business; it was defined to be the finest coffee in the whole world. It mission statement is “to inspire and nurture the human spirit- one person, one cup and one neighborhood at a time“. Starbucks Company is one of the companies that know how to manage all the environmental forces that effect its marketing decisions. It is recognized for the successful marketing factors that have been influencing the company’s global and domestic growth more effectively in a positive way. These environmental forces are the key trends that influence marketing.…

    • 821 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Starbucks is a company in which purchases and roasts high quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related accessories and equipment (starbucks.com). During my environmental scan in which took place at the Starbucks on the corner of Fair and Newport across the street from vanguard, I noticed many things in which where never brought to my attention in prior stays and visits at Starbucks; such as the many social groups in which choose to have their meetings at Starbucks. Thus in this essay we will discuss things in which many people do not really notice when going to Starbucks.…

    • 1130 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Marketing Mix

    • 1502 Words
    • 7 Pages

    Kerin, R. A., Hartley, S. W. & Rudelius, W. (2011). Marketing (10th ed.). New York, NY:…

    • 1502 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Starbucks Ltd.

    • 2467 Words
    • 10 Pages

    The business strategy of Starbucks ' is identical to the corporate level strategy since the company is a single business company, focusing on only coffee-related products and retail stores.…

    • 2467 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Marketing MIx

    • 2317 Words
    • 10 Pages

    Kerin, R. A., Hartley, S. W., & Rudelius, W. (2011). Marketing (10th ed.). New York, NY: McGraw-Hill Irwin.…

    • 2317 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Diversity and Ethics

    • 399 Words
    • 2 Pages

    Starbucks has made diversity a major priority. According to Starbucks’ Corporate Social Responsibility Report, diversity is one of Starbucks’ Guiding Principles. “At Starbucks, we embrace diversity as an essential component in the way we do business.” (Starbucks, 2009). Diversity is even one of Starbucks’ core values in their Standards of Business Conduct.…

    • 399 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In order to make the customers fall in love with Starbucks’ products, the employees need to love their own products and their work first. «The customers won’t love your product if you don’t».…

    • 903 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The following report evaluates the marketing environment for the coffeehouse business, specifically Starbucks. The report will cover a brief background of the company and reasons to why Starbucks has been selected as a center group to display a marketing report. A macro environmental study will demonstrate important possible threats and opportunities for Starbucks. It will also look into further segmentation research, characteristics, views and behaviors within the consumer groups.…

    • 1619 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Starbucks Case Analysis

    • 481 Words
    • 2 Pages

    The factors that contributed to Starbucks` success were their experiential branding strategy, their reach, product variety, customer service and quality. The compelling factor of the value proposition was that Starbucks was tightly integrated. It met the needs of its target market. In the early 1990s, Starbucks` target market consisted mainly of coffee connoisseurs. Starbucks was less about the coffee itself and more about the experience around the consumption of coffee. The brand image it developed during this period was synonymous with its ‘live coffee’ mantra. It became America’s third place – after home and work. They created a place other than work and home where people could meet and hang out. They brought the Italian coffee shop culture to America. They had three branding components – the coffee itself, customer intimacy and the ambience. To enforce their coffee standards, Starbucks directly dealt with growers in different countries to purchase green coffee beans, oversaw the custom-roasting process and also controlled distribution to retail stores around the world. They created an uplifting experience for the customers by their `customer intimacy` strategy. The ambience they provided was based on the human spirit, sense of community and the need for people to come together. Their brand image back then was that of a living room outside your home with good quality coffee. In a decade, this changed drastically to being anywhere, everywhere, good coffee on the run. Their brand image was essentially consistent with high quality, personalized service rather than that of making a huge profit. This had also changed over the decade when a survey showed that 61% of the customers thought Starbucks cared…

    • 481 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Starbucks is a leading company of the finest coffee in the world. Starbuck uses high quality whole bean coffee, and sells a variety of pastries, other unique beverages, and coffee-related accessories and equipment. As a part of their mission, Starbucks strives to provide a work environment treating the customer, as well as employees, with respect and dignity. Furthermore, the company embraces diversity as a major component in the way Starbucks does business. In addition, Starbucks subscribes to the highest standards of excellence to the purchasing, roasting and fresh delivery of their coffee. Starbucks believes that the company should satisfy customers every time they serve a cup of coffee and contribute to the communities and the environment while recognizing that profitability is essential to their success (Starbucks.com, 2008).…

    • 1216 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Starbucks

    • 539 Words
    • 3 Pages

    Thirty years ago Starbuck was a single store in Seattle’s Pike Place Market selling premium roasted coffee. Today it is a global roaster and retailer of coffee with over 8400 stores, more than 2000 of which are to be found in 31 foreign countries. Starbuck corporation set out on its current course in the 1980s when the company’s director of marketing, Howard Schultz, came back from a trip to Italy enchanted with the Italian coffeehouse experience. Schultz, who later became CEO, persuaded the company’s owners to experiment with the coffeehouse format-and the Starbucks experience was born. The basic strategy was to sell the company’s own premium roasted coffee, along with freshly brewed espresso-style coffee beverages, a variety of pastries, coffee accessories, teas, and other products, in a tastefully designed coffeehouse setting. The company also stressed providing superior customer services. Reasoning that motivated employees provide the best customer service, Starbucks’ executives devoted a lot of attention to employee hiring and training programs and progressive compensation policies that gave even part-time employees stock option grants and medical benefits. The formula met with spectacular success in the United States, where Starbucks went from obscurity to one of the best known brands in the country in the decade.…

    • 539 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Howard Schultz, a marketer who eventually acquired Starbucks in 1987, made selling brewed coffee to a wider market the bedrock of Starbucks (Darguste et al., 2006 p.655). The concept, “inspired by the Italian espresso bars,” transformed coffee from an ordinary beverage to a lifestyle product for the aspirational and discerning consumer.…

    • 1599 Words
    • 7 Pages
    Best Essays