Coffee Shop Expansion: A Marketing Mix Strategy for Netherlands, EU
VerifiedAdded on  2023/06/12
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Essay
AI Summary
This essay discusses the optimal marketing mix for Hank and Patty's coffee shop as they consider expanding their business to the Netherlands. Given the Netherlands' high coffee consumption rate, the essay suggests a strategic approach focusing on product, place, promotion, and price. For the product, diversifying the menu beyond coffee to include tea, pastries, and smoothies is recommended to attract a broader customer base. Distribution should leverage technology, such as online stores and applications, to align with the country's high technology adoption rate. Promotional strategies should incorporate advertising, public relations, and sales promotions to build brand awareness. A premium pricing strategy is advised, aligning with the Dutch consumer preference for high-value products. By carefully considering these elements of the marketing mix, Hank and Patty can increase their chances of success in the competitive Netherlands market. Desklib offers more solved assignments and past papers for students.
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