arketing(8th ed.) by Dhruv. Grewal and Michael Levy
Description
Part-A:Case Study
Read the Chapter Case Study 3trong>The Coffee Wars&rom Chapter No- 2 3trong>Developing Marketing Strategies and a Marketing Plan age: – 58 and 59 given in your textbook/E-book Marketing(8th ed.) by Dhruv. Grewal and Michael Levy (2022) and answer the following Questions:
- Perform a SWOT analysis for Starbucks and Dunkin onuts. Based on your analysis, in which company would you invest? Justify your answer.
- Which growth strategies have been pursued by Starbucks and Dunkin onuts in the past? Which strategies do you believe will be most successful for the two firms in the future? Why? .
- Which marketing metrics would be most helpful for an executive in charge of developing new products for a coffee chain? .
Part-B:Critical Thinking
Reading required: – Read Chapter 1, 3 and 6 carefully and then answer the following questions based on your understanding.
- Based on the differences discussed between needs and wants in Chapter-1, when companies that sell coffee and develop their marketing strategy, do you think they concentrate on satisfying their customers.eeds or wants? If yes how? What about a utility company, such as the Saudi Electricity company? A humanitarian agency, such as King Salman Humanitarian Aid and Relief Center? Critically examine. Chapter-1.
- As an intern for Starbucks, you have been asked to develop a social media campaign for a new latte. The objective of the campaign is to increase awareness and trial of this new line. Use the listen-analyze-do framework discussed in Ch-3 to outline a new campaign.
- You are planning to go for a Thursday night outing at a fine restaurant with your friends. When evaluating different alternatives, how you can differentiate between the universal set, the retrieval set, and the evoked set discussed in Chapter-6. From which set of alternatives point of view, most likely you would choose the restaurant? Explain.
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