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Unit 3 – Introduction to Marketing (P1) Describe How Marketing Techniques Are Used to Market Products in Two Organisations.

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P1) Describe how marketing techniques are used to market products in two organisations.
Marketing is the process of meeting the necessities and wants of customers. Most businesses today are having rivalry towards generating the most profits as there are a lot of competitors in the business world. Marketing techniques are one of the ways that a business would do to increase its productivity and sales. Starbucks and Nintendo are two different businesses and I will be evaluating about the marketing techniques that they do to attract more customers to increase their sales.
Starbucks
Starbucks is one of the largest coffeehouse in the world with more than 20,000 stores globally. Starbucks opened its first store in America by three business partners and they were inspired by another coffee businessperson that sells high-quality coffee beans and equipment. Starbucks sells cold and hot drinks, sandwiches, pastries and snacks. Starbucks mainly target customers are men and women that is from aged 25-40 because they almost account for half of their business.
Starbucks’s Marketing Techniques
Branding-Branding is the process that is included in making a unique name and image for the products in the customers’ minds. Starbucks use branding to meet its target customers. For example, customers can easily recognise what a Starbucks coffeehouse looks like because the logo of Starbucks can be seen so branding is a useful asset to meet its marketing objectives such as market penetration and raising the customers’ awareness.
Brand Extension-Brand extension is a technique of launching a new product by using an existing brand name on a new product in a different category. Starbucks used to sell only coffee products but they expanded their businesses by taking the risk of producing new products such as making tumblers and mugs. This made Starbucks to expand more of their business

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