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Starbucks has a wide range of target markets across the world. However, this might differ based on the usability level of the product. This project is designed targeting on the younger generations. The lunch pack that Starbucks will sell aims at delivering to the kids who take lunch boxes to the schools.
Primary target market
Primary target market refers to those specific groups of people who can greatly use the specific product and generate revenue to the company that sells it. The primary target market includes the kids in the environment where Starbucks promotes this product. The reason behind choosing the kids groups as the primary target markets for the lunch pack is the widespread usage among these kids. Kids generally carry lunch packs to schools. Parents might feel that the lunch pack of Starbucks would relieve them from preparing lunch and packing for their kids.
Secondary target market
The secondary target market would involve potential future buyers. In addition to the kids who carry lunch packs, there are other groups such as office going people and college going students. These groups do not seem to carry regularly to their institutions. However, they can even act as future buyers of the lunch pack.
This project solely aims at the promotion of the concept of "lunch pack of Starbucks" to kids. The market potential seems to be stronger for the kids groups.
Marketing plan
Type of target market
Size
Establishment
Growth levels
Primary - Kids
Large
Near schools and residential areas
High due to the presence of large number of kids and better awareness
Secondary - College students and employees who carry lunch packs
Medium
Residential areas and near organizations
High provided there are more varieties that would attract them.
Medium, if otherwise.
own example of participants in the business buying process
what is modern and traditional value delivery approach???
Sample work
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