Preview

Starbucks Analysis

Powerful Essays
Open Document
Open Document
7520 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starbucks Analysis
Table of Contents

1.0 Executive Summary 03
2.0 Company Overview 04
2.1 Company Structure 04
2.2 Mission Statement 05
2.3 Financial Analysis 06
3.0 Competitive Analysis 06
3.1 Second Cup 06
3.2 Timothy's 08
3.3 The Symposium Cafe 09
3.4 Tim Hortons 10
4.0 Competition in Canada 10
4.1 Direct Competition 10
4.2 Indirect Competition 11
5.0 Starbuck's Current Positioning 13
5.1 Retail Positioning Matrix 13
6.0 Strengths and Weaknesses 14
6.1 Strengths 14
6.2 Weaknesses 15
7.0 External Factors 16
7.1 Political / Legal 16
7.2 Socio - Cultural 16
7.3 Economic 16
7.4 Demographic 17
8.0 Internal Factors 17
9.0 Future Outlook 18
9.1 Financial Summary 18
9.2 Market Expansion 19
9.3 Product Diversification 19
10.0 Strategic Issues 19
10.1 Consistency and Quality in Products and Services 19
10.2 Protection of Suppliers and Future Supply 20
10.3 Product Diversification 20
10.4 Remaining Innovative 21
10.5 Identifying New and Untapped Markets 21 1.0 Executive Summary

Starbucks Coffee Company was founded in 1971, when it opened its first location in Seattle's Pike Place Market. Starbucks was named after the first mate in Herman Melville's Moby Dick and is the world's leading retailer, roaster and brand of specialty coffee with coffeehouses in North America, Europe, Middle East, Latin America and the Pacific Rim.

In Canada, Starbucks is a major player within the specialty coffee market. The top speciality coffee retailers in Canada are: Second Cup, Timothy's Coffee, Starbucks, Symposium Café, and Tim Hortons. Other direct competitors include: Williams Coffee Pub, Cupps, Just Desserts, Country Style, Coffee Time, and Dunkin Donuts. Starbuck's top indirect competition mostly serves smoothies, juices, yogurt drinks, and ice cream related beverages. Their top indirect competition is: Yogen Fruz, Orange Julius, Baskin Robbins, Bubble Tea, and Jugo Juice.

There are several Strengths for the Starbucks Coffee Company. They have a strategic use of their core

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Starbucks Case Analysis

    • 434 Words
    • 2 Pages

    * Competitive rivalry within an industry is high for Starbucks Coffee. Companies like McDonald’s, Dunkin Donuts and Peet’s Coffee & Tea are all possible competitors within this industry.…

    • 434 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    * Starbucks’ is a leading high street coffee retailer established in Seattle in 1971 and now operating across over 40 countries. Its mission statement is “to establish Starbucks as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles as we grow.”…

    • 577 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Marketing Plan: Phase 1

    • 1630 Words
    • 7 Pages

    Starbucks is the existing organization for the marketing plan. The first Starbucks opened in 1971. The company was located in Seattle’s historic Pike Place market. Starbuck has always offered some the world’s finest fresh-roasted whole bean coffees. Moby Dick inspired the owners for the name. Howard Schultz joined Starbucks in 1981, he walked in tasted his first cup of Sumatra and was hooked. Howard’s travels to Italy captivated him with Italian coffee bars and the romance of the coffee experience. Starbucks coffeehouses are number one with most coffee lovers. They only purchase and roast high-quality whole bean coffee. One can receive genuine service, in and inviting atmosphere. Customers come to Starbucks to chat, meet up and work. The company does not only sell coffee they also have a selection of premium Tazo teas, fine pastries, music, and other treats (Starbucks, 2011).…

    • 1630 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Starbucks APA Paper Final

    • 1942 Words
    • 6 Pages

    The first Starbucks opened in 1971, in Seattle’s historic Pike Place Market. The name, inspired by Moby Dick. Howard Schultz (Starbucks chairman, president and chief executive officer) had first walked into a Starbucks store. “He had a vision to bring the Italian coffeehouse tradition back to the United States. A place for conversation and a sense of community.” A third place between work and home. From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection. ("Company Information | Starbucks Coffee Company,")…

    • 1942 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Starbucks Financial Analysis

    • 5548 Words
    • 23 Pages

    Starbucks Corporation (“Starbucks”) is one of the leading American global coffee brewers. They are a coffeehouse chain that has over 20,000 brick and mortar stores located throughout the world. They are known for their high end coffee houses that serve a wide array of coffee flavors and types. They also serve various food items that complement their coffee selection. Part of the Starbucks strategy is to welcome their customers with a relaxing environment, rather than the quick take-out style that most of its competitors prefer. The Starbucks environment is generally warm and inviting, whether it is outside on a patio or inside on a comfortable couch. The Starbucks experience also includes the availability of free Wi-Fi so customers may take advantage of wireless computing while they relax and enjoy Starbucks coffee.…

    • 5548 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of this business plan is to raise $100,000 for the development of a massage therapy practice while showcasing the expected financials and operations over the next three years Bliss massage therapy based corporation that will provide massage therapy services to patients in its targeted market. The Company was founded by Joyce schneider…

    • 4557 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    The story of Starbucks coffee history begins in Seattle in 1971 when the first Starbucks opened at Pike Place Market, which is Seattle's and the Nation's oldest Farmer's Market. At this time the company was a local coffee roasting facility. That remained their core business until 1982 when Howard Schulz joined the company. He was the new marketing executive and began right away to convince more and more local cafes, upscale restaurants, and hotels to buy Starbucks coffee. The turning point for the company and the beginning of coffee history should be one year later when Schulz traveled through Italy. He got inspired by the Italian coffee bar tradition to serve fresh brewed Espresso and Cappuccino. He convinced the Starbucks founders to give his idea a chance and in 1985 he opened the first coffee bar in Seattle, named Il Giornale. (Wilson)…

    • 1739 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Starbucks Financial Analysis

    • 4211 Words
    • 17 Pages

    In this assignment, a savvy financial analyst researching companies in which to invest a U.S. publically-traded company that would be a good investment was chosen. After a lengthy search, a company that my family is unduly familiar with, Starbucks, was chosen and in the following pages a financial analysis will be described.…

    • 4211 Words
    • 17 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
  • Powerful Essays

    PROFESSIONAL DIPLOMA IN MARKETING – LEVEL6 THE MARKETING PLANNING PROCESS MARKETING PLANNING AND CHANGING MARKET DEMAND MEMBERSHIP NUMBER : 12932235 SUBMISSION DATE : 5TH MARCH 2010 TASK ONE : RATIONALE AND MARKET PLAN. NUMBER OF WORDS : 3254 NUMBER OF APPENDICES: 4 TASK ONE: RATIONALE AND MARKETING PLAN FOR ROYAL FOOD LPPU TABLE OF CONTENTS page 1. Rationale for a short term marketing plan 3 2.…

    • 3617 Words
    • 15 Pages
    Powerful Essays
  • Better Essays

    Analysis Starbucks

    • 1101 Words
    • 5 Pages

    Starbucks web site not only visually positive and stylish, also it is user friendly: not only because it is easy to find any information required regarding customer needs, but as well it represents in its content all groups of Starbucks customers: from young generation and managers of all ranks to older people, who love coffee and have dynamic style of life.…

    • 1101 Words
    • 5 Pages
    Better Essays
  • Better Essays

    The production of this marketing plan has been based upon the ideas of Chassidy Causey and her plans to open a new cleaning service in the Lexington, KY area and surrounding counties.…

    • 2904 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Market Penetration

    • 293 Words
    • 2 Pages

    Starbucks was founded in 1971 in Seattle, and was able to achieve widespread market penetration across the United States. Soon after, they expanded globally.…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    SWOT Analysis: Starbucks

    • 1389 Words
    • 6 Pages

    Starbucks is a coffeehouse corporation that produces delectable drinks and pastries. It has become one of the biggest coffee companies and is well known for their drink products including: Coffee, Tea, Frappuccino’s and Smoothies. Starbucks originated in Seattle’s Pike Place Market. Dunkin Doughnuts and McDonalds are currently Starbucks greatest competitors. Dunkin Doughnuts is one of the largest baked goods and coffee chains in the world with 65 percent of their product being in the retail beverage market. McDonald’s McCafe is Starbucks fastest growing competitor placing in the top three coffee sellers in 2015. Starbucks marketing budget is approximately 282.6 million dollars.…

    • 1389 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Descol Export Plan

    • 22534 Words
    • 91 Pages

    * Harlaar, M., Ouwehand, M., & De Leeuw, O. (2012). Export a Practical Guide (2nd ed.). Groningen/Houten, The Netherlands: Noordhoff.…

    • 22534 Words
    • 91 Pages
    Powerful Essays

Related Topics