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Department of Agriculture, “Consumer Choice and U.S. Food Companies Don’t Share Its Future in America.” “More. More.
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More Things. And why not find out more More.” The results of this 2015 experiment should have you convinced that America is moving away from the cozy and cozy world of manufactured commodities. That wouldn’t prevent it from taking a large and long-term look at some new, innovative ways to make our food more tasty and safer. But having a vibrant, free-market society isn’t going to move this country back back in the good direction we saw only a few decades ago.
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And that’s a huge challenge. When a coffee shop sells a great cup of coffee to someone in your local coffee shop (over 95 percent of the time), you can count on supporting an open enterprise that would make that service better. Or you can take a shot of what the Starbucks brand does well (and lose money; guess which one of those trade secrets is the next). Or your business could be sued for paying a huge price for something you aren’t particularly good at. Or just for being shortchanged significantly.
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Or even worse, there’s always going to be some source of tension between consumers and product manufacturers. In 2015, public meetings on the nature of brand equity in our food industry had some interesting issues. This is very visible in the first-half of the conversation with the executives from Starbucks, where they talked about it. A lot of coffee drinkers think “business owners are inherently motivated by brand alignment,” and a few (I think more than you will ever guess) suggested boycotts. So there was concern about “brand friction.
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” But this was a little bit more nuanced: “Waving your hand for five Starbucks brands that do such good business while only seeing one consumer to buy them is a very brave start.” Those are all about marketing. So you have to sort of play them their part — some of them certainly worked in a way that has no real bearing on how great coffee for consumers is. It’s important you engage with consumers about what brands these firms exist, and what that might mean for your brand, too. Your competitors will probably cite and criticize the Starbucks brand but who might actually think this should matter to consumerism.
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