It's rumored that American coffee giant Starbucks garnered an estimated $2.3 billion in free advertising when a similar looking coffee cup was spotted in one of the episodes of the HBO fantasy epic ‘Game of Thrones.' It was later revealed, however, that it was just a craft services cup!
Close viewers could easily spot a cup incongruous to the setting of the drama and though the label was muddled in the show, within hours the speculation that it could be a Starbucks cup went viral on social media.
Following this coffee cup hullabaloo, analysts tallied 10,627 mentions of Starbucks coffee and ‘Game of Thrones’ together across different online, TV and radio broadcasts across the world. Separately, social media and monitoring platforms like Talkwalker counted more than 193,000 mentions within 48 hours on social media platforms like Twitter.
Experts say it's impossible to quantify how much free advertising Starbucks gets out of this, but they were all unanimous to agree on the power of Starbucks brand. But in reality, public response has more been to HBO’s mistake on placing that cup on the sets than on the coffee cup itself.
If the cup were a product placement, then it would have cost six figures. But since HBO is not ad-supported, advertisers typically do not pay for product placement but supply the product to the show offsetting the cost of production rather than pay a flat fee for their products to appear. And all of this came free to Starbucks thanks to HBO’s silly mistake!
The 5th May episode of Game of Thrones drew 11.8 million viewers for its first airing, down ~2% from the prior week.
The RSI Oscillator for SBUX moved out of oversold territory on July 12, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 31 similar instances when the indicator left oversold territory. In of the 31 cases the stock moved higher. This puts the odds of a move higher at .
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a producer of coffee and tea
Industry Restaurants