New Wave Coffee Company
3-Year Marketing Plan
Assessment Code: 318.1.5-06-15
Student Name: Daniel Coffey
Student ID: 000374326
Date: 11/15/2014
Mentor Name: Tashia Bryce

Table of Contents Introduction 3 Mission Statement 3 The Product 3 Consumer Product Classification 3 Target Market 3 Competitive Situation Analysis 4 Analysis of Competition using Porter’s 5 Forces Model 4 SWOT Analysis 4 Strengths 5 Weaknesses 5 Opportunities 5 Threats 6 Market Objectives 6 Product Objective 6 Price Objective 6 Place Objective 6 Promotion Objective 7 Marketing Strategies 7 Product Strategies 7 Price Strategies 7 Place Strategies 7 Promotion Strategies 7 Tactics and Action Plan 8 Product Action Plan 8 Price Action Plan 8 Place Action Plan 8 Promotion Action Plan 8 Monitoring Procedures 9

Introduction Throughout most of the 90s and early 2000s, Starbucks has expanded its vast empire and tightened its stranglehold on the brewed coffee and coffee drink marketplace. New Wave Coffee Company looks to make a name for itself with lower prices, quality over quantity, and by setting itself apart by become the premier destination for coffee.
Mission Statement “World class customer service and world class products at a world class price while constantly serving the community.”
The Product
Through the Local Brew Initiative, New Wave Coffee Company purchases and distributes locally grown coffee beans and brews with a proceed going back to the local farmers. Due to the locality to each New Wave Coffee Company store, they are able to charge a fraction of what Starbucks and other places charge, while also giving back to each individual community.
Consumer Product Classification The Local Brew Initiative cup of coffee will fall into the Shopping Offering classification of the three-way product classification system. By