Saturday, March 31, 2012

Starbucks Tries Something New

If you were to hear the name Starbucks, what would you think of? Various types of coffee and pastry perhaps, but what about wine and beer? I read a recent article in the Los Angeles Times that writes about the well-known chain Starbucks introducing alcohol to their menu. 

The issue I have with this is that what Starbucks is introducing as a new product is completely outside their target market. Traditionally, I see Starbucks as more of a breakfast on-the-go establishment like a Dunkin Donuts. Their target market mainly consists of those looking for an early morning pick me up.  Instead, they are attempting to enter a market where the players are already well-established. In my opinion this is a bold move. Starbucks intends to first introduce this at a few of their establishments as a test. Then they will expand the new product if there is success. But I wonder, what would prompt a business to extend their product line so far outside their typical target market?   

No comments:

Post a Comment