ACTIVITY 2 MARKETING STRATEGIES RAMIREZ Docs
ACTIVITY 2 MARKETING STRATEGIES RAMIREZ Docs
ACTIVITY 2 MARKETING STRATEGIES RAMIREZ Docs
Activity 2
2. One of your friends is contemplating opening a coffee shop near your college campus.
She seeks your advice about size of the prospective customer base and how to market the
business according to the four Ps. What strategies can you share with your friend to
assist in launching the business?
In my opinion, first! the idea of constructing of coffee shop near the school was
an absolutely yes for me. Because us college students we usually take coffee in the
evening or even in the morning class for us to stay active and attentive. And while
evening we take coffee break for our reviews for our midterms or finals. And for
the advice and business strategies that my friend need, I can say that we both
know that college students near UCC are scholars. They took the scholarship in
this university for them to save money and be practical in life. So the idea concept
that first comes to my mind is that their product should be student friendly.
Because if students has a discount, they won’t hesitate to buy the product as their
daily needs. The second idea that I think that will provide my friend the good
idea to launch the business is that making a survey. Since the customers were
mostly students, we must know first their taste and their budgetary preference.
And this is how I think will be the strategies for putting up a small business for a
fresh start.