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Starbucks 2
Starbucks 2
8
Start
Li vy
Maximilian
Phong Nguyen
An Le
K
i
t
o
$%#&$
Product and Brand
MK0389 [Global Marketing & Communication]
THE 2
ND
PRESENTATON
ntroduction
Contents
Products
Brand
V
Target market
V
Globalization
V
Conclusion
Product offerings
Product offerings
1 Drinks
Whole Bean Coffee
Bottled Drinks
Brewed Coffee
Kids' Drinks
Tea
Smoothies
Product offerings
2 Foods
Products offerings
3 Others
Coffee maker
SLarbucks
book
Brand
Brand
- underlying Theory
unique design, symbol,
words, or a combination
of these
Legal termini
"Trademark" distinctive
sign or indicator
"Brand Name"
representation of firm
Brand Awareness
- underlying Theory
!rimary goal of advertising
and marketing strategy @
product introduction period!
Extent of brand recognition
among (potential) customers
Correct association w/
particular product
Logo, product, quality
Definition as % of target
market
Brand Strategy
- underlying Theory
Bhat and Reddy (1998): "functional and
symbolic significance for consumers"
2
Brand Strategy
- SBUX
'ery deepened
product portfolio
Large range of
branded products
(exmpls.)
1
SBUX airline
coffee, SBUX office
coffee
SBUX coffee ice
cream, SBUX
coffee beer
Brand Strategy
- SBUX
"Attitude Branding"
- Choice to represent a larger feeling
"Fetish Branding"
3
Greater sense of purpose
4
Eg. Striving for the best
4
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Future !rospects:
Future development still uncertain
Increased number of stores might deteriorate
quality and uniqueness
5
Brand mage
- underlying Theory
Fisher, Volckner & Sattler
(2010)
6
:
Consumers' perceptions
Reflected by consumers'
brand associations
Neumeier (2004):
customer's mental
picture of a brand
7
Brand mage
- The SBUXperience
3 Elements of
"SBUXperience"
Coffee taste and aroma,
quality
Stores design & atmosphere
!eople outstanding staff
qualification, customer as part
of company, "3
rd
place [.to]
escape, reflect, read, chat or
listen "
8
Brand attributes
Features that highlight the physical and
personality aspects of the brand.
Starbucks:
In-store decoration
Atmosphere
Music
Quality of products