Lecture 4 Andradas coffee Flashcards
what are 2 ways of segmentation (customer)
geographical and behavioural/need-based
what is the needbased segmentation
enthusiast
layperson
pragmatic
what is the geographical segmentation
italy
norway
sweden
finland
what are 2 ways of differentiation (company)
vertical (quality)
horizontal (taste)
what is decommodification
many consumer categories have seen an increase in differentiation and quality
what is decommodification driven by
consumer interests
retailers assortment and private label decision
what are strengths of andradas coffee (company)
volcanic ground, altitude
potential quality
italian heritage
family based
sustainable production
gender equality
tradition
what are weaknesses of andradas coffee (company)
financial constraints
labour intensive
lack of business knowledge
lack of brand awareness
access to distribution
power of intermediaries
what are the possible positioning strategies
quality
sustainability
social
heritage