starbucks powerpoint

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Description

The powerpoint can only be 17 slides. The company is on Starbucks.

In this scenario, you have been named vice president of marketing for your selected company. You have been told to choose one of the consumer segments the company targets and conduct an analysis of the buying behavior of that group. After you complete your analysis, you will need to present your proposed marketing strategy based on your analysis to the executive team. 

Your presentation must address the following prompt: Select a consumer segment and develop a set of marketing strategies to reach this group at the different points in the buying cycle. The final deliverable for this assessment will be a presentation that includes detailed speaker notes explaining each slide. 

Specifically, the following critical elements must be addressed:   

I. Market Research
A. Select a consumer segment that your company serves, and describe why this segment is worth pursuing.
B. Identify and qualify research sources that can be used in obtaining information on consumer behavior.
C. Analyze the characteristics of the chosen consumer segment using secondary research.

II. Segmentation This section is where you will apply the information gained from your market research to your identified market segment.
A. Determine appropriate segmentation approaches for your market segment, and explain why these approaches would be effective.
B. Evaluate the approach you used in order to segment the market.
C. Describe the consumer segment you have selected. Explain why they are a good fit for the product.
D. Determine the research needs for this segment, and provide rationale for each need.

III. Consumer Buying Process
A. Define the stages of the consumer buying process.
B. Analyze a marketing strategy that can be used for each stage of the consumer buying process in regard to your chosen market segment.
C. Determine the specific stages of the consumer buying process for which your marketing strategies can be most effective for your consumer segment.

IV. Marketing Strategy The goal of a marketing strategy is to increase sales and stay current with how a market is behaving. Present this strategy in a way that communicates why this strategy will be effective, and defend your claims. Remember that when creating a presentation, you should ensure that the elements used display a level of professionalism and do not distract viewers from the key points being presented.
A. Overall marketing campaign
1. Define the goals of your marketing campaign for your segment.
2. Determine channels through which you will market the product to your segment. Justify your response.
3. Describe the way you will incorporate one-to-one marketing into your overall marketing campaign.
4. Develop a messaging strategy, including sample messaging, for each channel you identified.

B. One-to-one marketing campaign
1. Define one-to-one marketing, and provide an example of how this type of marketing is used.
2. Describe which stage(s) in the consumer buying process would best lend itself to one-to-one marketing.
3. Determine a one-to-one marketing strategy that would work for the stage you identified and explain why it aligns with your segment.

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Explanation & Answer

Attached.

Starbucks Corporation Market
Segmentation
Presented by:
Course:
Date:

Introduction
• Market segmentation is the practice where a business
researches on how to divide its market into smaller
groups on the basis of similar characteristics.
• Some of the advantages include:
- Increased level of competitiveness.
- High level of customer retention.
- Effective communication.
- Increased level of profitability.

• Starbucks Corporation is a coffee
company that ensures customers
have a unique customer experience
• The main consumer segment that
the corporation serves is women
and men aged between 25 and 45
• They are working class and are
highly environmentally conscious

Consumer segment

Research Sources
• Both primary and secondary research sources are
necessary.
• Primary sources
• Focus groups
• Surveys
• Questionnaire
• Observations
• Experiments
• Secondary sources
• Internet
• Government sources

Characteristics Of The Market Segment

• Women and young ladies between these ages are
more conscious about their health as well as their
appearance
• This age are high-income earners
• Are mainly located in urban places
• They like associating themselves with high-quality
products

Segmentation Approaches

• Demographic segmentation
such as age and income
factors
• Behavioral segmentation is
based on the usage decisionmaking pattern, and the
behavior
• The psychographic
segmentat...


Anonymous
Excellent! Definitely coming back for more study materials.

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