It's every marketer's dream to educate a new audience and create a category. Starbucks did just that - they introduced a new vocabulary of lattes, mochas and cappuccinos to the world.
But marketers must never forget that education is a continuum. That audience now knows all about lattes, mochas and cappuccinos. They know the difference between a good one and an average one. And that's one reason why Starbucks just posted its first quarterly loss.
Consistency is good. Consistently improving is essential.
Wednesday, August 6, 2008
When Customers Outgrow Your Market.
9:01 AM
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