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Fred cuts marketing by 25%
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 460837" data-attributes="member: 12570"><p>Starbucks has been in decline because consumers are deciding for themselves that $4 is too much to pay for a cup of coffee. I am by no means saying that the coffee served at Mickey D's is comparable to that served at Starbucks but I will take my $1.61 medium coffee at Dunkin Donuts any day over Starbucks.</p><p> </p><p>I am a Sirius satellite radio stockholder so I understand your pain. Sirius does a lot of marketing but, much the same as Starbucks, consumers are having a hard time justifying paying for something that they can get for free. </p><p> </p><p>Another poster said that shippers do not associate express service with UPS and that is true. That is called brand recognition and when you want to overnight something you FedEx it. When you want to make a copy you Xerox it and if you are thirsty for a soda you grab a Coke (and a smile). I don't think any amount of marketing can erase brand recognition completely--you can simply hope to gain market share.</p><p> </p><p>K of C, I was just having some fun at your expense. You make some excellent points in your posts. Dave.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 460837, member: 12570"] Starbucks has been in decline because consumers are deciding for themselves that $4 is too much to pay for a cup of coffee. I am by no means saying that the coffee served at Mickey D's is comparable to that served at Starbucks but I will take my $1.61 medium coffee at Dunkin Donuts any day over Starbucks. I am a Sirius satellite radio stockholder so I understand your pain. Sirius does a lot of marketing but, much the same as Starbucks, consumers are having a hard time justifying paying for something that they can get for free. Another poster said that shippers do not associate express service with UPS and that is true. That is called brand recognition and when you want to overnight something you FedEx it. When you want to make a copy you Xerox it and if you are thirsty for a soda you grab a Coke (and a smile). I don't think any amount of marketing can erase brand recognition completely--you can simply hope to gain market share. K of C, I was just having some fun at your expense. You make some excellent points in your posts. Dave. [/QUOTE]
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Fred cuts marketing by 25%
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