Good article from the New York Times.
Summary
Starbucks China is losing customers at a very rapid pace. Starbucks corporate executives are angry. Brian Niccol, the new $100 million CEO of Starbucks, sounded the alarm in October, calling the competition “extreme”. For the Chinese Lunar year, Starbucks released a pork flavor latte. It cost more than $9 and was widely seen as a disaster.
Billionaire Howard Schultz, Starbucks’s former CEO, insisted that Starbucks would not enter a price war in China. He claimed “as chinese customers become more knowledgeable about coffee, they will want to upgrade from lower-end or discounted products”
And Fosters positioned itself as a premium import beer when the real reason they sold it here was no one in Australia would touch the stuff
Marketing is lying and we shouldn’t let them get away with it by calling it positioning
They sell it as a premium product in the US? That is funny.
Hmm, it was less a ‘premium’ and more it was selling the rough, laid back, no bullshit lifestyle as presented by Paul Hogan in Crocodile Dundee
So it wasn’t really marketed as a ‘quality’ beer as much as a personality accessory
Most of the world jokes about American beer being basically water and they aren’t wrong, but man Fosters has even less body than coors light
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