How would you segment the coffee market

Assignment Help Marketing Management
Reference no: EM133340161

Question: There are many different customer needs of customers who purchase coffee away from their home on a regular basis. (Starbucks, Tim Hortons etc.)

Imagine that you are the marketing director at Starbucks and have been asked to review the positioning and market strategies for the company. Your first task is to review the various segments in the away from home coffee market.

How would you segment the coffee market based on the different customer needs? List 5 segments and briefly describe in a few words what customers in each segment needs/want/what is important to the customers in each segment

For example - Busy Early Morning Commuters - looking for quick service, premium coffee, pre order capabilities. (You can use this one to start - you need 4 more). To help think about what you do at, or how you use your favourite coffee shop and what you might see others do.

b) Once you have the 5 segments what would be your next step - just state what you would do not how you would do it.

 

Reference no: EM133340161

Questions Cloud

Identify problem company is currently facing : Identify a problem the company is currently facing. How would the company benefit from using a team to solve this problem?
Case study of steadfast nutrition - power glutamine : Prepare a case study of steadfast nutrition - Power Glutamine
Identify big rock main competitors and determine : Identify Big Rock's main competitors (micro/macro) and determine what they are doing that might pose a threat or an opportunity for Big Rock.
What are the advantages and disadvantages of contemporary : What are the advantages and disadvantages of contemporary marketing practices. Provide specific points as to why you see them as advantages or disadvantages
How would you segment the coffee market : Busy Early Morning Commuters - looking for quick service, premium coffee, pre order capabilities. (You can use this one to start - you need 4 more).
What trends are important in the health industry : What trends are important in the health industry? What trends are important in the hygiene industry?
Develop skills necessary to work together with technology : Workers need to develop skills necessary to work together with technology or to perform jobs that are uniquely human and cannot be replaced with technology.
What do you learn from the price elasticity information : from Hot wheels: launching the mixed play experience(harvard business case study), What do you learn from the price elasticity information
What operational issues impact financial management : What operational issues impact financial management? What are the fundamental financial considerations for running a small business?

Reviews

Write a Review

Marketing Management Questions & Answers

  Examine different types of passenger transportation and the

for a tourism destination to be successful it must have something that attracts tourists to the area. for this

  Pull sales promotion strategies

How do you think a retailer decides when it is time to combine the push/pull sales promotion strategies and why?

  Explain the reasons behind your design choice

Explain the reasons behind your design choice and explicitly state how they will affect intrinsic and extrinsic motivation. Information relevant to answering this question is in your textbook and lecture material, but if you choose to supplement t..

  Would you like to work for schlumberger

What are the advantages and disadvantages of Schlumberger's approach to international human resources management? Under what circumstances, if any, might Schlumberger find it necessary to change its international staffing strategy

  You must choose between two sales recruits one has scored

you must choose between two sales recruits. one has scored very high in terms of the quality of his interview but not

  Discuss the challenge of implementing innovation

Discuss the challenge of implementing innovations within organizations that are naturally resistant to change. They present a systematic approach

  Related to the major societal forces

According to these critics, marketers encourage consumers to spend more money than they should on goods and services they really do not need. Consider the broad shifts in marketing. Are there any themes that emerge in these shifts? Can they be rel..

  Different types of factor that influence consumer behavior

Identify the major financial purchase you recently made. Think about different types of factor that influence consumer behavior.

  What is the protectionism

What is protectionism? The U.S., under Donald Trump's, is conducting more protectionist strategies? Provide a one example that supports this statement.

  Write a press release about special activities

Write a press release about special activities your employer or college is doing to help the environment or the community

  Determine the marketing team went off the rails

Determine what the sale price would be for each item if Marketing team went off the rails and implemented a sale for 35% off the original price of all items.

  Provide overview of your marketing mediums you have consider

Identify, analyse and incorporate relevant marketing information and legal ethical and sustainability issues and include these in your marketing plan and activities. Provide an overview of your target markets and marketing mediums you have consider..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd