Question

In: Accounting

starbucks corporation 1. Explain key factors in building a clientele 2. Explain the role of customer...

starbucks corporation 1. Explain key factors in building a clientele 2. Explain the role of customer service as a component of selling relationships 3. Discuss motivational theories that impact buying behavior 4. Implement techniques to increase customer’s product exposure 5. Analyze competitors’ offerings

Solutions

Expert Solution

1. Key factors to build a clientele.

A. Earning customer loyalty.

B. Word of mouth

C. Product quality, customer satisfaction

D. In restaurant services with high level of hospitality .

2.Role of customer service- customer are one who help us building our company without them, it's almost difficult to get market share, hence customer satisfaction, customer expectations should be fulfilled.

3.There are multiple theories on the buying behaviour of individuals that business are constantly looking upon. Eg. Generic theory, ctural theory, environmental theory ,internal theory.

4.Techniques to increase customer product exposure are-

A. Branding

B. Online marketing

C. Influencers play important role to influence large group of people in market.

D. Advertising

5. Analysis of competitor offering - its important for business to set there sale price for a product because price sensitive buyers will be attracted towards lower prove product and one must also check if competitors are providing any add ons with there product to attack customer all these have to be checked before setting price for a product.


Related Solutions

starbucks corporation 1. Explain key factors in building a clientele 2. Explain the role of customer...
starbucks corporation 1. Explain key factors in building a clientele 2. Explain the role of customer service as a component of selling relationships 3. Discuss motivational theories that impact buying behavior 4. Implement techniques to increase customer’s product exposure 5. Analyze competitors’ offerings
explain the factors influencing customer behaviors ?
explain the factors influencing customer behaviors ?
what is the role of a company's salesforce in creating value for customers and building customer...
what is the role of a company's salesforce in creating value for customers and building customer relationships.
QUESTION 1 a) Explain the concept of mass customization and the role of customer participation in...
QUESTION 1 a) Explain the concept of mass customization and the role of customer participation in the process. b) What is the role of ergonomics in job design? c ) What is a multinational enterprise? What challenges does it present to operations managers?
explain the role of vastu Shasta in building planning
explain the role of vastu Shasta in building planning
What is PR's role in building customer satisfaction? What are some of your favorite examples of...
What is PR's role in building customer satisfaction? What are some of your favorite examples of cause-related marketing? Do you buy products linked to causes? Why or why not? Why is corporate sponsorship of concerts, festivals, and even the Olympics considered a good marketing and public relations strategy?
1-what is partial pressure? Explain it’s role in gas exchange? 2- Describe the factors affecting gas...
1-what is partial pressure? Explain it’s role in gas exchange? 2- Describe the factors affecting gas exchange. Apply these factors to the efficiency of a tracheal system, gills, lungs in mammals, lungs in birds?
Background: In product design and development, to identify customer needs is one of three key factors...
Background: In product design and development, to identify customer needs is one of three key factors to guarantee the highest potential of success in markets. There are various methods and tools to identify the customer needs. For an example, a Kano diagram is a good tool to visually partition customer requirements into categories that will allow for their prioritization. However, the Kano model is unable to capture the changes of the customer needs on time. Objective: The assignment is to...
Please explain on the role of Schultz ‘the returning CEO’ in Starbucks revitalization. What were the...
Please explain on the role of Schultz ‘the returning CEO’ in Starbucks revitalization. What were the initiatives that he executed during the process?
Explain why the key survival in a small business is the target customer
Explain why the key survival in a small business is the target customer
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT