Preview

Starbucks

Satisfactory Essays
Open Document
Open Document
11825 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starbucks
starbucKs CoFFee

2011-2013 advertising & marKeting pLan

ba 174 advertising tues. thurs. 9am-12:15pm june 15, 2010 sam Lehnert | CommerCial ad,
Situation analySiS, web Site, dVd and CoVer deSign danieLLe gore | ControlS, Final editing & Compiling, adVertiSing
SeCtion
michaeL corn | marketing, & print, radio, and billboard adS, adVertiSing SeCtion brittany Love | FinanCialS
Katie boggs | FinanCialS

ba 283 management mW 11:30-1:00
4/21/2010
andrew poSSehl
John Vankley taylor enSing
VaneSSa roggow danieLLe gore daJuan roSS

Table of ConTenTs
1.0 exeCuTive summary
2.0 siTuaTion analysis
3.0 markeTing sTraTegy
4.0 adverTising
5.0 finanCials
6.0 ConTrols

Page 1
2
13
20
20
31

Works CiTed

49

PoWerPoinT

50

researCh

51

1.0

EXECUTIVE SUMMARY

Starbucks is the biggest competition for any new coffee house when they enter the market.
They are also the biggest. They have hundreds of locations all over the world. There are some that have their own building and then there are those that are in airports, schools, malls, etc. The main objective for Starbucks is to be the most respected and recognized brand for coffee and specialty drinks.
In order to achieve this goal, Starbucks must continue to grow by expanding their locations and make sure they are introducing new products and keeping their customers from going to other coffee shops. They also need to make sure they capitalize on the opportunities in other countries outside of the U.S., which will help them grow even more in the global market. samlehnert

Starbucks is an all around great company. They treat their employees well because to them happy employees make happy customers that want to come back. All of Starbucks’ employees are eligible for benefits and health insurance. Every employee starts above minimum wage and they even employ the students of any of the schools they are located in. Starbucks is also becoming more environmentally



Cited: Chicago Tribune, “The Stew: Starbucks’ Frappuccino, however you want it”, 2010 DailyFinance.com, “Starbucks Customers Feel Burned By Surprise Price Hikes”, 2010 Reuters, “Burger King to sell Starbucks’ Seattle’s Best brew”, 2010 Starbucks Company Description Telegraph, “Starbucks to Opean Stealth Cafes in Rebranding Move”, 2010, samlehnert.com | Page 49 | Starbucks Advertising-Marketing Plan

You May Also Find These Documents Helpful

  • Powerful Essays

    Uop Mgt/598

    • 2158 Words
    • 9 Pages

    Starbucks mission is a visionary statement that outlines the company’s objectives as follows: “to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time” (Starbucks, 2013). The company’s values include quality, passion, fully engaging customers, humanity and enjoyment of life, setting the standard for being good neighbors, and accountability (Starbucks, 2013). Starbucks currently sets the standard in one market sector: whole bean coffee distribution within the United States. However, as Team A consultants identified, the company jeopardizes its frontrunner industry position by not expanding. Team A consultants discussed two primary expansion opportunities, specifically expansion of the company’s product portfolio and expansion of the company’s primary product, coffee, into foreign markets. Although both expansion options provide great competitive advantage for Starbucks, expansion into strategic foreign markets provides the most opportunity for competitive advantage and is most aligned with the company’s values as it enables the company to set standards in new industry sectors and broaden the neighborhoods in which it serves.…

    • 2158 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Unit 4

    • 474 Words
    • 2 Pages

    My comparison of similar establishments I have visited shows that even the store with an affordable variety and friendly service will gain my business. Even if it wasn’t on my way to work having good quality and reasonable prices would encourage me to go out of my way. Although Starbucks serves quality products their popularity has made the prices soar. The coffee is…

    • 474 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Starbucks has two strategic planning initiatives for 2013 that will help them grow and become an even better business. Developing a home brewing machine and expanding their drive-through expansion chains are two strategic plans that Starbucks wants to implement. These two strategic plans were discussed in Starbucks 2013 annual report. Starbucks want to develop a home brewing machine because many customers have a financial hardship in this economy, and so they are deciding to drink their coffee at home. So this will be the solution for those coffee drinkers who still need their morning “fix,” and still enjoy the same Starbucks coffee flavor. The second strategic planning initiative is expanding on Starbucks drive-through stores. Starbucks plans on adding about 900 more drive-through coffee shops in the United States over the next five years. The reason for this is that drive-through stores historically have better margins which result in higher…

    • 1342 Words
    • 6 Pages
    Better Essays
  • Better Essays

    fin516 week 2 mini case

    • 1211 Words
    • 7 Pages

    Starbucks face intense competition in each of our channels and markets, which could lead to reduced profitability.…

    • 1211 Words
    • 7 Pages
    Better Essays
  • Good Essays

    In order for Starbucks to even understand growth, they will need to identify their weaknesses as well as implement different strategies to address the weaknesses that were identified. Starbucks needs to consider a value discipline, generic strategy, and grand strategy to remain competitive in today’s economy. The following paper will discuss strategies recommended as well as provide examples of how combining different strategies can increase their profitability and achieve growth.…

    • 855 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The coffee shop industry possesses a very high intensified competition on all players: both Specialty Brand and One-Store Coffee Shops. The main reasons that contribute to the high competition are…

    • 1487 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Starbucks Case Analysis

    • 414 Words
    • 2 Pages

    * Competitive Rivalry: High. Coffee industry is extremely competitive with rivals for Starbucks including McDonald’s, Bigby’s, Dunkin’ Donuts, and others are playing certain parts resulting in less dominant position of Starbucks within the industry.…

    • 414 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Strategic Initiative

    • 1621 Words
    • 7 Pages

    “Successfully leveraging the Starbucks brand portfolio outside the company-operated store base, including an increased focus on international licensed stores.…

    • 1621 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Starbucks

    • 1093 Words
    • 5 Pages

    Because Starbucks has faced a lot of competition from small scale specialty coffee chains, it implemented different growth strategies to differentiate itself. Retail expansion was one way Starbucks wanted to grow. With about half the U.S. population drinking coffee every day, and one-third of this consumption taking place outside of the home, Starbucks believed it could eventually expand to 10,000 stores around the country. They wanted to open up stores in new markets, while geographically clustering stores in existing markets. This often caused Starbucks to “self cannibalize” its stores. However, the company believed…

    • 1093 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    To support the first opportunity of Starbucks Company to increase the number of stores and go worldwide I will present relevant data supports:…

    • 1355 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Starbucks SWOT

    • 575 Words
    • 2 Pages

    Starbucks stores are prevalent in urban and suburban areas. So much so that some stores are competing with each other driving the profitability of both stores down (Geereddy, 2014). To remedy the overcrowding and internal competition, Starbucks can begin to look at developing countries, and rural areas to spread their stores out to limit the race to the bottom between their own stores.…

    • 575 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Implementation Plan

    • 1229 Words
    • 5 Pages

    Starbucks primary objective is to establish the company as the most recognized and respected brand in the world (Starbucks Website). Starbucks is a gourmet coffee shop so they must increase their name brand so as to justify their gourmet status. In order to maintain its success Starbucks must implement an effective implementation plan. A company may have a great product, but if it fails to identify a specific market, or to use a proper marketing plan, it will not be able to successfully reach the consumers. Over the years Starbucks has been successfully able to take simple activity carried out at home to the pinnacle of commercial success. By expertly executing their marketing strategy Starbucks has taking coffee service to an art form. The firm has been able to convince consumers that its stores provide more than just coffee. Starbucks aims to provide a rich experience for customers to indulge in on a recurring basis. The company has turned this consumer experience in to a highly profitable business. The most effective way to implement a successful plan is to use short term objectives. It’s impossible to see into the future so it is better to strive for goals that can be measured and achieved. John Thompson of Symantec Corporation once quoted, “I am a little old-fashioned—I don’t believe you can manage what you can’t measure,” Thompson has said. “The importance of objectives becomes more important as the company grows in size and scale. Objectives also serve as an indication for the ‘team’ about what you are paying attention to. If employees know you are measuring market growth and customer satisfaction, they will pay attention to those considerations and act based on indicators that you, as leader, emphasize within the company. Objectives help teams and focus on what’s important for the company to succeed” (The Key to Success? Go Figure,” BusinessWeek, July 21, 2003.) Starbucks has a very innovative research and development program for their new products. The…

    • 1229 Words
    • 5 Pages
    Good Essays
  • Good Essays

    position enables the Company to try new ideas all the time. One of these initiatives is the opening of…

    • 514 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Starbucks Case Study

    • 365 Words
    • 2 Pages

    Expand North American operations. A wide majority of coffee is still consumed from home, so it is in Starbucks’ best interests to pursue that market to increase brand loyalty and exposure to people who are not currently Starbucks regular customers. This can be done by:…

    • 365 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Increasing rivalry from local cafes and other coffee enterprises: It is hard to take a position in a large and competitive market like the U.S, especially when other competitors can accept a lower price and more attractive menus.…

    • 735 Words
    • 3 Pages
    Good Essays

Related Topics