MKTG 85 - Group Activity 3 - Group Mekus
MKTG 85 - Group Activity 3 - Group Mekus
Department of Management
Bachelor of Science in Business Administration Major in Marketing
Management
AY 2023-2024
CONSUMER PROFILE
• Everyone - Dunkin’ can be seen everywhere because we have stores at malls
and carts for outdoor places like train stations, bus stations, subdivisions, etc.
Dunkins can be seen everywhere you go.
• Families – most of the customers of Dunkin’ are parents who wants to bring
home a dessert for their kids who enjoys sweets.
• Morning Person - some customers of Dunkin' are employees and students
who mostly work or go to school in the morning wherein they don't have much
time to eat or prepare breakfast.
• Salaried Employees - Most of the time, Dunkin is one of the most considered
take away gift to their relatives. Also, Dunkin is considered as “The
Pasalubong ng Bayan”.
• Students
• Local Businesses
As we continue to address the needs of our consumers, they also continue to be
aware of their health. Dunkin’ gives a variety of options for everyone, like coffee for
those who don't want sweets; they can just sip and relax. Dunkin diversified their menu
options for those who are health-conscious and also incorporated them into their other
products.
COMPANY BACKGROUND
Company Profile
Type of Ownership : Subsidiary
Industry : Food and Beverages
Founded : 1948; in Massachusetts, U.S.
Founder : Bill and William Rosenberg
Headquarters : Canton, Massachusetts, United States
Number of Locations : 12, 900 (2022)
Area Served : Worldwide
Products : Baked goods, Frozen beverages,
Hot beverages, Iced beverages, Sandwiches
Revenue : US $1.370 billion (2019)
Product
Dunkin' Donuts has been serving double-brewed coffee using high-quality
100% Arabica beans that undergo strict quality control and testing. The company has
expanded its menu to include breakfast items such as donuts, sandwiches, bagels,
cold coffee, tea, lattes, hot chocolate, and various beverages. The menu changes
based on seasons and holidays, offering pumpkin spiced coffee for Halloween, cold
iced coffee in summer, and peppermint hot chocolate in winter. Dunkin' offers a wide
range of products, including 'Munchkins,' which come with glazes showcasing different
flavors from other countries. Dunkin' serves people from all over the world, meeting
their different preferences and tastes.
Price
Dunkin' Donuts uses a global pricing strategy with the goal of retaining existing
customers, establishing brand trust, and attracting new customers. Their prices are
adjusted to accommodate the budgets of the average customer, making their offerings
accessible to a wide range of people. To keep their menu fresh and appealing, Dunkin'
Donuts regularly offers sales and discounts, including a special holiday discount.
Dunkin' Donuts' strategic seasonal price adjustments and value proposition help them
appeal to a distinct segment of the market, attracting customers who prioritize
affordability.
Place
Dunkin’ operates a network of quick-service stores in 42 countries (Kotabe and
Helsen, 2022). They can be seen in high-traffic areas such as supermarkets, airports,
and gas stations. All of these locations are run under franchise agreements, with
Dunkin Donuts providing branding, training, and management. This allows the
corporation to pass its expansion risks to its partners, reducing their impact. However,
the majority of Dunkin' are often found in malls where its brand and location attract
customers and shoppers, increasing the number of potential customers.
Promotion
Dunkin’, like McDonald's and Starbucks, has an instantly recognizable color
palette connected with this company (Pride and Ferrell, 2019). Dunkin’ using a brightly
colored coffee cup logo. It makes the brand memorable and leaves a good impression
in the minds of the people. Print media, online ads in websites, television ads are used
to promote the brand. Dunkin' uses paid ads and social media influencers to market
its brand. This helps to increase sales in the short term and build brand awareness in
the long term. It is also effective when Dunkin' makes major changes, such as
launching a new product or rebranding. Dunkin' has worked with influencers and
celebrities to reach more people and connect with younger audiences. By using social
media and working with influencers, Dunkin' has been able to create excitement, raise
brand awareness, and build a community among its followers.