Preview

Personal Opinion of Starbucks

Good Essays
Open Document
Open Document
987 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Personal Opinion of Starbucks
STARBUCKS
Question 1
Start with a good business concept
Nowadays, Starbucks was successful in many countries which including Africa, North America, Oceania, South America, Asia, and Europe. Starbucks is a very successful company because it capitalized on a concept that had not existed before which is a place for people to gathering. Starbucks not a place that just for people to have a cup of coffee, it is also a centre of social for the people to exchange information, discussion, communication and also relaxation especially professionals, students or retire. It was create a third comfortable environment to those people between office or school and home Starbucks created a unique offering that was relevant and differentiated. It turned an ordinary and humble product into an extraordinary experience that customers are willing to embrace or purchase.
Think big and success.
In March 30, 1971, Starbucks opened its own first store in Seattle’s Pike Place Market, they have a big ambitions even their company is small at the time. It was made famous in 1982, almost a decade after it started.
From the beginning, Starbucks company had holds about 40 percent of specialty coffee market, anticipated growth in this category will offer the company considerable opportunity for further growth and expansion in the future. They are using slow-but-sure categories to expand their business until today become a successful business.
Create a unique experience
Starbucks has created a retail store experience that can be attractive customer, comfortable environment, and even entertaining, designed to attract customers and keep them coming back to the stores to demand. In the stores, customer can be enjoy some service which is comfortable chairs, wireless Internet connection, even a selection of music. Starbucks began offering the wireless high-speed Internet access in its stores in 2001 to enhance the experience for students, business travelers, and web surfers who take advantage of



Bibliography: 1. This Is About The Starbucks. Viewed on 27 October, 2011 Available: http://en.wikipedia.org/wiki/Starbucks 2. The Starbucks Website. Viewed on 28 October, 2011 Available: http://www.starbucks.com/search?keywords=starbucks+activities 3. The Starbucks Customer Service. Viewed on 27 October, 2011 Available: http://www.starbucksstore.com/customer-service/cs-landing,default,pg.html 4. What You Can Learn From Starbucks. Viewed on 27 October, 2011 Available: http://www.inc.com/resources/marketing/articles/20050401/starbucks.html 5. Starbucks Corporation. Viewed on 27 October, 2011 Available: http://www.mhhe.com/business/management/thompson/11e/case/starbucks-2.html

You May Also Find These Documents Helpful

  • Best Essays

    Starbucks the known name in the world of coffee business had started off with little company which now has transformed in a successful corporation. This brand has gained remarkable success over period of time and has proved itself as a reputable coffee provider in term of taste and quality. The major contribution in this success was their aggressive expansions strategies. These strategies have enabled them to develop a dense chain of stores not only in America but all over the world. Their strategic approach towards the business has enabled them to gain value of $12 billion in 2008 from $2.9 billion in 1998 (Higbee, Liaw, Ting, Tjho, ton, 2008).…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Powerful Essays

    Rsm/260 Final Exam Paper

    • 1195 Words
    • 5 Pages

    Starbucks’ sales and profit growth have been phenomenal and the company has changed the way that Americans think about coffee. Starbucks’ stores range from coffee carts in crowded city streets to intimate coffee bars to full-sized restaurants that sell espressos and cappuccinos as well as coffee by the pound, coffee-making equipment, and food items. Starbucks was recently ranked in the top 75 global brands in a study conducted by the consulting firm,…

    • 1195 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Beginning in 1971 with only one shop in Settle’s historic Pike Place Market for coffee and tea, Starbucks has managed to become one of the most successful companies in the world. It has become number one in the coffee industry. As of June 2012 Starbucks owns 19,763 coffee shops in 59 countries which includes 12,848 in the United States, 1,264 in Canada, 973 in Japan, 778 in Great Britain, 621 in China, 441 in South Korea, 350 in Mexico and 269 in the Philippines. Offering to its consumers’ different coffees with unique flavors, tea and beverages, including food snacks and coffee accessories Starbucks has attracted consumers and turned them into loyal customers. (Starbucks Coffee Company, 2012)…

    • 1052 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Culture and Starbucks

    • 1411 Words
    • 6 Pages

    Starbucks' global corporate goal is to become the leasing coffee seller and brand in each of its expansion targets. They aim to do this through their finest quality coffee and other products, and by means of their…

    • 1411 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    In short order, Starbucks Corporation has become a premier purveyor of coffee and related beverages along with selected merchandise and has acquired almost universal domestic brand name recognition (MacArthur, 2001). Currently, Starbucks is engaged in a number of activities designed to expand its presence in the new global beverage market. Starbucks' growth strategy thus far has tended to emphasize positioning its stores in high traffic areas, including mini-stores located in hotels, upscale grocery stores, shopping mall food courts, and other ventures which are not free-standing (Kim, 2000).…

    • 423 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Starbucks have many facilities available. they have standard items like desks, banks, chairs, rooms and pillows, tables etc. The Starbucks buildings have the logo from their company on it so the people will know what shop it is. Starbucks in the best known coffee company in the world and that makes it easy for them to get recognised.…

    • 879 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Starbucks key of success is the ability to change the concept consumers had about drinking coffee. With more than 6000 outlets across the world (2003 numbers) and the intention of increasing them in the near future, the company has transformed coffee into a lifestyle accessory with as much elegance as the latest fashion. However, their way to success was not so easy and if we go back in 1971, we will find that coffee didn't look like it was a great business. There were no signs of getting better, either. Coffee consumption in the United States had peaked in the 1960s, but by 1971 it was on the decline. Most Americans drank something called "coffee" that came ground up very finely in vacuum-sealed tins. Nevertheless, there was appeared tiny Seattle based chain with innovative idea of how to do business that in a few years changed the vision about the process of drinking coffee not only in USA but worldwide. Starbucks has evolved into a great success due to their implementation of Integrated Marketing Communications.…

    • 2941 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Starbucks Analysis

    • 843 Words
    • 4 Pages

    Starbucks stands out because of their high-quality coffee beverages and they’ve been known for the same. Starbucks is also known for their experience they deliver to the customers with perfectly blended coffee, good music, friendly staff and warm environment, which gives an incomparable customer service.…

    • 843 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Starbucks first began in 1971 its main goal was to offer a coffee experience that no other coffee shop has done before. As stated in the case study, Starbucks emphasis on customer service included eye contact and greeting each customer within 5 seconds, cleaning tables promptly and remembering the names of regular customers. Starbucks was to reinvent the sense of romance atmosphere sophistication and sense of community and also create a ‘third place’ in people’s lives. This ‘third place’ would be somewhere between home and work where they could sit and relax and have a coffee.…

    • 2973 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Starbucks Case Study

    • 1835 Words
    • 8 Pages

    In the past few decades, Starbucks Corporation has been the most successful coffee chain through its rapid expansion strategies of pushing out much of its competitors. Starbucks has been able to successfully create a meeting place where customers would socialize, read, enjoy music, spend time in leisure (between home and work) or browse the internet while enjoying premium coffee in a relaxing atmosphere. Founded in 1971 by three businessmen who were passionate about coffee and tea, Starbucks was created to produce premium coffee. During the first few years the company sold fresh roasted gourmet coffee beans and accessories for brewing coffee and roasting. This later transcended to the incorporation of coffee bars in the retail stores and further opening of multiple coffee shops. Through this…

    • 1835 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Memo Report – Starbucks

    • 804 Words
    • 4 Pages

    Starbucks have 11.000 stores worldwide, and they serve more than 40 million customers each week and even with these enormous numbers Starbucks continues to grow. The reason Starbucks is still growing is that; people loves the products that Starbucks provide, but there is more to it, Starbucks is also a very beloved brand. They have a wide product range and they are very innovative, constantly making new products to keep on being interesting. The clever thing about this is that you never get tired of the brand because it’s constantly developing itself, making it a very effective business strategy.…

    • 804 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Aside from that, Starbucks has been significantly competitive in the world market because of its mission, vision and goals that provide high value products to its customers; and above anything else, when someone hears about Starbucks, it only means high quality gourmet coffee business. One more important thing about the company, it has the unique differentiator strategy, which means that the company has individualized each outlet based on its location and environment. The company always…

    • 517 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Slow-growth policy: Starbucks rigorously researches a market before entering it, and does not move into another location until the current area is fully dominated. ( This can also be a weakness ). Although Starbucks have this policy it was one of the fastest growing companies in the U.S. in 1999 as sales grew 63 percent.…

    • 2069 Words
    • 8 Pages
    Good Essays
  • Good Essays

    In 1990s, Starbucks expands headquarters in Seattle. It became the first privately owned U.S. company to offer a stock option program that includes part-time employees. It opened the first licensed airport store at Seattle’s Sea-Tac International Airport and completed initial public offering (IPO) at the next year. It opened roasting plant in Kent, Wash. In 1994, Starbucks opens the first drive-thru location and introduces Starbucks® super-premium ice cream in 1995. They begin establish the Starbucks Foundation. In 1998, they extend the Starbucks brand into grocery channels across the U.S. and launch Starbucks.com.…

    • 593 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    starbucks

    • 355 Words
    • 2 Pages

    Our story began in 1971. Back then we were a roaster and retailer of whole bean and ground coffee, tea and spices with a single store in Seattle’s Pike Place Market.…

    • 355 Words
    • 2 Pages
    Satisfactory Essays