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How Starbucks used the Third Place concept
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Todd Irwin answers this and more questions on my new podcast.
How Starbucks used the Third Place concept -
"As Starbucks goes, I think Howard Schultz is brilliant with his strategy around this concept, this brand positioning concept called the Third Place. What is that? They saw the big company, the big brand that was in the sector, it was Dunking Donuts, 50 cent coffee, you're in, you're out. But it's an eyesore on the neighborhood. Nobody really wanted to hang out there. But hey, you get a cheap cup of coffee, it doesn't really taste good. Well he was in Europe and he's at the cafes and European cafes, people spend the whole day there. They eat there, they work out of the cafes, and it's really a third place. That's what he did. He came up with this concept of the third place in somebody's life. You've got home, you've got work, and you've got Starbucks. And they positioned the brand around this idea of community and this concept of the third place. When Starbucks move into neighborhoods, they design the Starbucks around the neighborhood. It doesn't become an eyesore in the neighborhood. People aren't afraid of it. So that's another really good example of De-Positioning and how it works."
This is just an excerpt—Listen to the full episode here:
Visit the podcast page to learn more:
Todd is a branding expert and the founder of Fazer, which is a branding agency based in New York. He has decades of experience working with Fortune 500 and also startups, helping them with strategic positioning and visual storytelling.
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#branding #deposition #brandstrategy
How Starbucks used the Third Place concept -
"As Starbucks goes, I think Howard Schultz is brilliant with his strategy around this concept, this brand positioning concept called the Third Place. What is that? They saw the big company, the big brand that was in the sector, it was Dunking Donuts, 50 cent coffee, you're in, you're out. But it's an eyesore on the neighborhood. Nobody really wanted to hang out there. But hey, you get a cheap cup of coffee, it doesn't really taste good. Well he was in Europe and he's at the cafes and European cafes, people spend the whole day there. They eat there, they work out of the cafes, and it's really a third place. That's what he did. He came up with this concept of the third place in somebody's life. You've got home, you've got work, and you've got Starbucks. And they positioned the brand around this idea of community and this concept of the third place. When Starbucks move into neighborhoods, they design the Starbucks around the neighborhood. It doesn't become an eyesore in the neighborhood. People aren't afraid of it. So that's another really good example of De-Positioning and how it works."
This is just an excerpt—Listen to the full episode here:
Visit the podcast page to learn more:
Todd is a branding expert and the founder of Fazer, which is a branding agency based in New York. He has decades of experience working with Fortune 500 and also startups, helping them with strategic positioning and visual storytelling.
--
#branding #deposition #brandstrategy
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