This article discusses the marketing mix of Costa Coffee, a British coffeehouse company. It covers their product variety, pricing strategy, and competition with Starbucks and Cafe Coffee Day.
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Business Management - Marketing .As part of its PR activities, it's charge stations on main road and charging ports at malls, hotels, and restaurants have brand name Tesla written over them. In an order to create awareness of new concept they also give sponsorship to the many big events where they get popularity as a big brand and there are a good deals of famous stability who are advertising this companies cars in their videowhich is sponsor by the Tesla Auto company and this company also organize referral programs in which company provides a link which they can share with their friend, Per reefer they get rewards and many surprises. Marketing Mix of Costa coffee Marketing Mix Products- Costa Coffee is the British coffeehouse company which is a part of the Coco Cola company. They are dealing with the products like Tea, Coffee, Sweet drinks, Sandwiches andIceddrinks. CostaCoffeehasadiversepricingstrategy,and theyare influenced by their market competitors and is slightly premium. This company is offering their product at premium cost because of their product quality and their brand value is also high in the market which makes this company Luxury. This company also uses the public relation to manage and boost their popularity among the people. This company is promoting their cars on the social media platforms such as Instagram , Facebook etc. this company dealshighly via their website , forms, blogand hence. It has adopted a unique strategy for promoting its products among customers. This multinational company also takes the help of media releases and its PR team to create positivebrand awareness. Marketing Mix of Tesla Auto company Marketing mix Promotion- Tesla 's marketing mix is usually in the automotive industry, partly because this company is dependent on the viral marketing. Viral marketing has the biggest contribution to promote their product in the market . They used to make their new car videos and upload it on their official sides which is copied by the customers, and they share there videos on the social media platforms. The leaders and manager of the company believes that the quality in the product is more important thanthe prices of the product. Costa Coffee provides two varieties of their beverage such as large and small. The pricesof the product is also directlyproportional to the quality orders by the customersat their shop. They are not only selling coffee but this company is also having their ownbrand in the coffee vending machineand the price of the machineof competitive as compare to the other machine which are available in the market . Prices of their coffee can increase according to the variant customers want to include in their coffee. Customers can also add some extra in their coffee such as cream, extra chocolate etcwhich is work like a supplement. Competitors of theCosta Coffee are Starbucksand cafe coffee dayand their prices are lower as compare to the Costa Coffee company. References Ismail,M.andet.al.,2018.ApplicationofEntrepreneurialMarketingtothe Marketing Mix: Why it Matters to SMEs in Malaysia?.International Journal of Academic Research in Business and Social Sciences.8(12). Massingham,P.R.andPomering,A.A.,2017.IntroducingKnowledge Management to the Marketing Mix. Wu, Y. L. and Li, E. Y., 2018. Marketing mix, customer value, and customer loyalty in social commerce.Internet Research.
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