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business plan

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Miscellaneous

 

Written by:

Paul B

 

Date added:

March 24, 2015

 

Level:

University

 

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A

 

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8 / 2092

 

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Entering this new market, Starbucks faces many challenges from having to compete to retain brand recognition of its primary products, yet increase awareness of its new product line. Our analysis and research of the market have resulted in keys findings as follows: ? The new Frappuccino blended beverages, also known as the Summer Drink flavors will help Starbucks reposition itself in the developing non-coffee iced-beverage market; Starbucks will also need to enhance the product perception to maintain the perceived high quality...
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Customers of this segment are sensitive to taste and quality of food product and nutritional data. ? With this new line extension, Starbucks will be facing many new competitors such as Jamba Juice, Orange Julius and other local non-coffee iced-beverage providers. Special care must be implemented to maintain Brand equity for it's primary product, and not become to diversified the current customers seek alternatives...
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