Starbuck's Archives

May 2
Jello=gelatin, Kleenex=facial tissue, Starbuck's=coffee? Maybe not yet, but...

So I'm on a caffeine high. So check this out from last month's Selling Power : "(Starbuck's) planned to raise hot coffee prices in the fall and wanted to use the iced summer drinks to help consumers become accustomed to the $2.60 price.  Starbuck's is always thinking at least two moves ahead, which is why some analysts have suggested that someday 'Starbuck's' will be a synonym for coffee the way Jello is a synonym for gelatin and Kleenex is a synonym for facial tissue.'  And, you could argue, Google is  for "computer search".  

Before you scoff, think how big a bet you would have made, back in the day, that people would eagerly hand over a five-dollar bill for a cup of coffee, put a tip in jar on the counter and not have change left over to feed the parking meter. 

May 2
Where's the brand loyalty when we pay our people so much more than Starbuck's pays a damn barrista?
The old rule of thumb was that the more technologically sophisticated the product, the more brand attributes (i.e. features/benefits) you could build upon to develop brand loyalty. Today? Yesterday's rule is today's myth. Consider the latest dustup between Google (GOOG)... Continue Reading
 


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