Strategic Marketing: Innovative Ideas for Cibo Coffee (Assignment 1)
VerifiedAdded on 2022/12/27
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Homework Assignment
AI Summary
This assignment focuses on developing innovative marketing ideas for Cibo coffee, a coffee manufacturer. The analysis begins by recognizing the competitive nature of the coffee market and the importance of differentiating the brand. The assignment proposes several strategies, including creating a welcoming environment with fast Wi-Fi, themed menus, and incorporating games to enhance customer experience. It emphasizes the importance of customer loyalty programs, such as offering rewards for repeat purchases, and suggests engaging with local businesses and communities. The assignment also highlights the significance of a well-designed cafe interior to encourage repeat visits, suggesting renovations and interactive elements like customizable walls. These strategies aim to increase market share and provide Cibo with a competitive advantage.
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