Question: 7.5 Read the Chapter Case Study The Coffee Wars from Chapter No- 2 Developing Marketing Strategies and a Marketing Plan Page: - 58 and 59
7.5 Read the Chapter Case Study "The Coffee Wars" from Chapter No- 2 "Developing Marketing Strategies and a Marketing Plan" Page: - 58 and 59 given in your textbook/Ebook - "Marketing" foth ed.) by Dhruv, Grewal and Michael Levy (2022) and answer the following Questions: 1. Perform a SWOT analysis for Starbucks and Dankin' Donuts. Based on your analysis, in which company would you invest? Justify your answer. (2.5 Marias) 2. Which growth strategies have been pursued by Starbucks and Dunkin' Donuts in the past? Which strategies do you believe will be most suceessful for the two firms in the future? Why? . (2.5 Marks) 3. Which marketing metrics would be most helpful for an executive in charge of developing new products for a coffec chain? . (2.5 Marks) Part-B: Reading required: - Read Chapter 1, 3 and 6 carefully and then answer the following questions based on your understanding. I. Based on the differences discussed between needs and wants in Chapter-I, when companies that sell coffoe and develep their marketing strategy, do you think they concentrate on satisfying their customen' needs 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. (2.5 Maris) (Minimum I I In wards) 2. 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 awarencas and trial of this new line. Use the listen-analyze-do framework discussed in Ch-3 to outline a new campuign. Chapter-3 (2.5 Marks) (Minimum I I50 wonds) 3. 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. Chapter-6 (2.5 Marks) (Minimum I.50 words)
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