Project Milestone Two - Developing Positioning Strategies

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Southern New Hampshire University *

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210

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Marketing

Date

Jan 9, 2024

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docx

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4

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Southern New Hampshire University MKT-605: Integrated Marking Communications Professor Heather Teague Project Milestone Two: Developing Positioning Strategies Elizabeth A. Hauck In the beginning of the holiday season of 2024, Starbucks anticipates launching the ‘Starby Chic,’ apparel and accessories line. This new sector of the Starbucks business will operate under the same model as the tumbler line by providing limited, unique offerings to each specific market (i.e., China Versus United State s), and coordinate with the tumbler releases. The brand’s goal is to become more gender neutral oriented. It will target a 56% female / 44% male ratio, between the ages of (15) fifteen to (54) fifty-years old, has or has access to a disposable income, and prefers items that are unique, limited, and/or luxurious. The line will include, but is not limited to hats, socks, shirts, hoodies, leggings, and sweats. It is imperative when determining a positioning strategy for Starby Chic, that it showcases what makes Starbucks unique and increase overall brand awareness. For example, Chanel handbags are known for luxury, Apple iPhones are known for innovative technology, Starbucks wants to be labeled as a unique and diversified brand. Starbucks will utilize (3) three positioning strategies: competitive, differentiation, and product quality positioning.
Competitive and product quality positioning will give Starbucks the ability to stand out compared to its competition. It is associated with the brand’s value of product and/or service that it provides compared to the value of other comparable products and/or services on the market. Starbucks will be the first major coffeehouse chain in the world with an official apparel and accessory line. The Starby Chic line is essential as the brand continues building momentum as a global leader because it will help ensure the brand is associated with more than just coffee. It will bring unique, innovative, and quality products from another sector that will help increase brand awareness and customer loyalty. The brand is already known for unique and quality items on their menu, so this will give Starbucks the opportunity to reach the current and new audiences to evaluate the reputation of Starbucks as a brand and the characteristics of the new product line compared to other brands in the business (coffee and fashion). Positioning Starby Chic against other similar brands and/or lines, will give Starbucks the opportunity to showcase its performance, quality, and price compared to competition (i.e., Juicy Couture or Coca-Cola Merchandise) that have similar ideas but operate at a lower quality or are more expensively priced. Hyping up the line as a limited, and unique offering will intrigue some enough to buy and participate in the frequent releases. An implication that might arise is that the audience does not find the Starby line comparable to other favorable brands or that they do not like the limited-
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