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Starbucks Situation Analysis
Essay specific features
Written by:
Stacy F
Date added:
December 9, 2016
Level:
Grade:
B
No of pages / words:
1 / 247
Was viewed:
984 times
Rating of current essay:
Essay content:
Amongst them are:
- Geographic segmentation
- Demographic segmentation
Age, life (-cycle) stage, gender, income, generation, social class
- Psychographic segmentation
Lifestyle, Values
- Behavioral segmentation
Decision roles, behavioral variables (occasions, benefits, user status, usage rate, buyer-readiness stage, loyalty status, attitude), conversion-attitude
After the segmentation (that means after defining the characteristics of the segment based on the above variables) one can start to target one or more of the segments...
displayed 300 characters
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The choice depends on the segments attractiveness in terms of growth, competitive intensity, market access, and so forth. Afterwards, a company determines profitability and its position in the market (see next chapter).
Segmentation
The brand Starbucks radiates a certain lifestyle – the environment of their coffeehouses, the Italian coffee names, the internationality, simplicity and closeness (“partners”)...
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