Starbucks Corporation Annual Report “Starbucks is the premier roaster and retailer of specialty coffee in the world. Starbuck’s goal is to become the leading retailer and brand of coffee in each of its target markets by selling the finest quality coffee and related products‚ and by providing each customer a unique Starbucks Experience. The company’s mission is to inspire and nurture the human spirit – one person‚ one cup and one neighborhood at a time” (H. Schultz‚ (CEO) Starbucks Corporation‚ 2010)
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Page 39 STARBUCKS: MAINTAINING A CLEAR POSITION Bryan C. Seaford‚ TIAA-CREF Robert C. Culp‚ Tuscan Sun‚ Inc. Bradley W. Brooks‚ Queens University of Charlotte CASE DESCRIPTION The primary subject matters of this case are Marketing and Branding. Secondary issues examined include brand equity and brand positioning. This case has a difficulty level of three (appropriate for junior level courses or higher). This case is designed to be taught in one and one half class hours and is expected to require
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Situation Analysis CCSS Factors: Competitors Pacific Coffee is the competitors of Starbucks. Pacific Coffee is another rather recognized coffee shop in Hong Kong which established earlier and it already quite well known by Hong Kong people. Pacific Coffee provides a classy and comfortable environment for customers prefers individual and quiet conversational coffee appreciation. On the other hand‚ Starbucks are doing an everyday lifestyle fashion. The "I need a coffee" type would probably prefer
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Présentation de l’entreprise Starbucks Fondée en 1971‚ Starbucks Coffee Company est la plus grande chaîne multinationale de cafés‚ Starbucks était alors spécialisé dans le commerce de café en grains. En 1987‚ Starbucks est devenue Starbucks Corporation après son acquisition par Howard Schultz‚ l’entreprise a alors ouvert et racheté des boutiques à travers le monde entier. Les boutiques Starbucks vendent en plus de leur propre marque du café‚ du thé‚ des pâtisseries mais également des machines à
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Market Analysis Starbucks provides the highest-quality coffee what it believes in the world. It has hundreds of product lines and the sales of beverage take the largest percent. Despite of Starbucks’ overwhelming presence and convenience‚ customers think there was just a little of image and product differentiation between Starbucks and the smaller coffee chains. However‚ Starbucks has an uncomplicated distribution strategy‚ and it tries to make customers get entrance to Starbucks products
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Question 2: Why have Starbucks’ customer satisfaction scores declined? Has the company’s service declined‚ or is it simply measuring satisfaction the wrong way • As Marthe has already said‚ there is a change in customer satisfaction of Starbucks between 1992 and 2002. In this part‚ I will explain the reason why Starbucks’ customer satisfaction scores declined. Has the company’s service declined‚ or is it simply measuring satisfaction the wrong way • Why has Starbucks’ customer satisfaction scores
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we serve. All businesses certified as “diverse” by a third-party agency with products and services relevant to Starbucks are eligible to apply for this program. Eligible companies must be located within the United States‚ its territories or possessions‚ and the owners must be U.S. citizens. Do you qualify as a Diverse Supplier? Suppliers interested in doing business through the Starbucks Supplier Diversity Program must be: * At least 51% women- or minority-owned‚ or socially or economically disadvantaged
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Case 1.1 Industry and Strategy Analysis a. Apply Porter’s five forces framework to the specialty coffee retail industry. 1. Rivalry among Existing Firms. Direct rivalry among existing firms is often the first order of competition in an industry. Starbucks competes with a broad scope of coffee beverage retailers‚ including fast-food chains‚ doughnut chains‚ and convenience stores associated with many gas stations. Also‚ there are a number of companies that were growing chains of retail coffee
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products Customers are willing to pay this high price in order to receive The Starbucks Experience‚ in which “we’re not in business of filling bellies‚ we’re in the business of filling souls”. * Anytime‚ anywhere By opening new shops‚ Starbucks allows people to reach their stores anytime‚ in the shortest distance. It seems that there are not many places left without Starbucks. * Food offerings: Starbucks add in their menu everything from Krispy Kreme doughnuts and Fresh Fields gourmet
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Starbucks Schultz created a “third place”‚ among home and work‚ that people could come‚ relax and socialize. His prototype was the coffee shops he saw in Italy and he wanted create the same culture in United States. Also‚ at the time‚ coffee consumption was declining‚ so this was a quite radical idea. The goal was to create a coffee culture‚ offering people a variety of quailty coffees in a friendly and sociable environment. The service was also very important. They needed to combine this coffee
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