The Williams Coffee Pub is coming to Kingston. You are a
marketing consultancy company that has been hired to determine an appropriate
location for the pub and to develop an introductory advertising campaign for
the company.
Williams – Background
Williams’ first pub opened in Stratford, Ontario
in 1993. Williams’ goal was to be different than any other retail coffee
establishment. The owners envisioned a shop where customers would not have to
wait in line for their order. Instead, they would order, pay for the order and
then be seated. Their order would be brought directly to their table. This
“fast casual” approach offers a more relaxing atmosphere without sacrificing
speed of service. A “drive-thru” option is also available in some of the larger
locations.
The owners decided on the “coffee pub”
name because it suggested both food and a gathering place. Their coffee is made
from the finest beans available and the coffee menu includes regular coffee in
a multitude of flavours, espresso, cappuccino, lattes, and flavoured steamers.
Williams’ positions itself as a “meeting
place” offering the finest coffee beverages, gourmet teas, juices, and other
lifestyle beverages. These are complemented by a broad range of light,
tantalizing meals, soups, sandwiches and desserts. Refer to the Williams’
website for more details (www.williamscoffeepub.com).
At Williams, guests can escape their
fast-paced lifestyles and simply relax or perhaps have an informal get together
with friends or have a meeting with business associates. The pubs are popular
with two distinct target markets: college and university students (for meetings
and some studying) and business people (for meetings with clients while on the
go).
Williams is now a 40-store chain with
average per unit sales ranging from $600,000 to $1,700,000. The new shop in
your city (town) is forecast to be in the $800, 000 to $1,000,000 range in its
first year.
The Challenge
The challenge is to develop a marketing communications strategy to introduce
Williams Coffee Pub to your market. The company’s goal is to open the new store
April 1, 2014.
Williams’ basic marketing objectives for the year are to create awareness for the
William’s name in the local market and to achieve the sales revenue objective
mentioned earlier.
You must start by establishing marketing communications objectives for the launch campaign. Then
develop a promotion, place, product and pricing strategy for the local pub.
Budget
The owners are willing to spend $30,000 on the
launch campaign. If additional funds are required proper and adequate
justification must be included in your case study. It is your responsibility to
spend the funds wisely.
Target Market
Essentially, anyone over the age of 16 is a potential
customer. As indicated earlier Williams’ is popular with students and a wide
cross-section of working adults in other markets. For the purpose of developing
the introductory marketing campaign the precise description of the target
market is left to your discretion.
Assignment
This assignment is done in pairs. The case will be
continuously added to for the next few weeks so please ensure access to your
materials for each class. The final case is worth 10% of your final mark.
Research is expected and must be cited. Utilizing the library and the writing
centre are highly recommended.
Your printed, hard copy case response is due at
the end of class April 24th – no exceptions!
Copyright © 2010 Pearson Education Canada.
Pricing & Product Components:
ReplyDeleteProduct Decisions
● Mix
o Width
o Depth
● Consumer Good Status & Considerations
● Branding (name, logo, colours, shapes)
● Product Life Cycle & Related Considerations
Pricing Decisions
● Strategy
● Objective
● Methods
● Tactics / Psychological Tactics
Promotion Decisions
ReplyDelete● Push/Pull
● Shotgun/Rifle
● Reach/Frequency/Continuity
● Advertising
● Sales Promotion/Direct
● Experiential/Guerilla/Event
● Selling
● Public Relations
Place Decisions
ReplyDelete-physical locations
-direct / indirect channels (will you be using a middleman?)
-how will people purchase your product? online, in person, through a middleman like a grocery store?
-depth of retail place - intensive model, selective or exclusive?