Question

Position Strategy of Starbucks

Position Strategy of Starbucks

Homework Answers

Answer #1

In marketing, positioning of a product generally means to identify the right group as customers and ways to reach them.

The following are the position strategy of Starbucks:

  1. Social Class: Starbucks targets the high end customers who could afford on higher prices for their product and services.
  2. Geographic: Since it is a global organization one of its positioning is adaptive positioning, it adapts the trends where ever they set their shops.
  3. Quality: Even though it is globalized they position their quality as same across by purchasing the raw material which is the coffee bean only from a particular region.
  4. Networking: Starbucks position itself as a placed to relax, network and socialize among people.
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