Starbuck's 2010 Marketing Plan Veronica Puerta EJ Justo Jeff Freeman Turner Hall Matilda Landeblad
Executive Summary Starbucks has not been meeting standards in terms of customer satisfaction Level of customer service has been less than customer expectations We have developed two goals in response to this problem Increase customer loyalty and satisfaction Improve brand image
Situation Analysis Competitive Set:    Local Cafe/Restaurant   Coffee Breakfast Foods        Category Analysis:    Growth Phase Consumption rapidly increasing SCAA says will peak 2015 Factors high gross profit margins (per cup of coffee)
Situation Analysis Competitive Analysis: Local Cafes Dunkin Donuts McDonalds Espresso Machines     Customer Analysis:    Old 25-44 year old well-educated, affluent skewed female New younger, price sensitive On-the-Go
Situation Analysis SWOT Analysis     Strengths: Market Leader Brand Equity Excellent Locations  Weaknesses: High Wait Times Dependency on Just Beverages Too Many Stores Opportunity: Product Expansion and Innovation Co-Branding New Markets Threats: Economy Disposable Income Health Consciousness
Goal: Improve brand image   "Starbucks cares primarily about making money”    Objective   Decrease the amount of people that agree with the statement presented above from 61 percent to 35 percent by quarter 3 of 2011. ???        Strategy  Local community service  Short campaigns - non profit    Adverstising within coffeeshops
Expanding website out in our stores...
Contingency Plan If not on track to meet our objectives by first quarter of 2011: Increase incentives to visit Starbucks Smaller promotions and discounts from rewards program Increase rewards program a Clear up confusion about rewards program Customers may think there is a "catch" FAQ in stores and website Make sure employees are informed and can answer customer questions   Involve customers in socially responsible initiatives Customers may assume our intentions by advertising our initiatives are solely to increase profits Grassroots approach will demonstrate a genuine commitment to social responsibility

Starbuck's 2010 Marketing Plan

  • 1.
    Starbuck's 2010 MarketingPlan Veronica Puerta EJ Justo Jeff Freeman Turner Hall Matilda Landeblad
  • 2.
    Executive Summary Starbuckshas not been meeting standards in terms of customer satisfaction Level of customer service has been less than customer expectations We have developed two goals in response to this problem Increase customer loyalty and satisfaction Improve brand image
  • 3.
    Situation Analysis CompetitiveSet:    Local Cafe/Restaurant   Coffee Breakfast Foods        Category Analysis:    Growth Phase Consumption rapidly increasing SCAA says will peak 2015 Factors high gross profit margins (per cup of coffee)
  • 4.
    Situation Analysis CompetitiveAnalysis: Local Cafes Dunkin Donuts McDonalds Espresso Machines     Customer Analysis:    Old 25-44 year old well-educated, affluent skewed female New younger, price sensitive On-the-Go
  • 5.
    Situation Analysis SWOTAnalysis     Strengths: Market Leader Brand Equity Excellent Locations  Weaknesses: High Wait Times Dependency on Just Beverages Too Many Stores Opportunity: Product Expansion and Innovation Co-Branding New Markets Threats: Economy Disposable Income Health Consciousness
  • 6.
    Goal: Improve brandimage   "Starbucks cares primarily about making money”    Objective   Decrease the amount of people that agree with the statement presented above from 61 percent to 35 percent by quarter 3 of 2011. ???        Strategy Local community service  Short campaigns - non profit   Adverstising within coffeeshops
  • 7.
    Expanding website outin our stores...
  • 8.
    Contingency Plan Ifnot on track to meet our objectives by first quarter of 2011: Increase incentives to visit Starbucks Smaller promotions and discounts from rewards program Increase rewards program a Clear up confusion about rewards program Customers may think there is a "catch" FAQ in stores and website Make sure employees are informed and can answer customer questions   Involve customers in socially responsible initiatives Customers may assume our intentions by advertising our initiatives are solely to increase profits Grassroots approach will demonstrate a genuine commitment to social responsibility