Colleges of Technology Competitive Analysis Project Starbucks Vs Coffee Bean & Tea Leaf Prepared for: Debra Henderson Prepared by: 200321738 200221977 H00010608 Date: 22 March 2006 Table of contents 1 Introduction 1 2 Client Company “Starbucks” 1 2.1 Target Market 1 3 Competitor Company “The Coffee Bean and Tea Leaf” 1 4 Major Finding of Competitive Analysis 2
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INTRODUCTION The global spread of coffee growing and drinking all started with a curious goat and that’s what legends say. 9th century Ethiopian goat herder Kaldi drank a concoction made from the beans after seeing his energetic goats eat them. The Sufi monks of Yemen in the 15th century were said to drink it as well. During the 17th century when coffee was introduced to Europe‚ the popularity of cafes followed the same pattern as most coffee houses around the world. It quickly became a
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though there is still room for improvement in economical growth‚ building a coffee shop would be a great addition to the local area. The area has continued construction of businesses such as Wal-Mart and other high revenue generating businesses. Many coffee consumers find the need to have a coffee shop that would help get their day started before starting work that would be competitive to other major coffee shops. Coffee café delight would make a great addition to the local businesses in the area
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Starbucks’ successful formula. Note: “Starbucks successful formula” refers to its basic strategy‚ which was: To sell the company’s own premium roasted coffee‚ along with freshly brewed espresso-style beverages‚ a variety of pastries‚ coffee accessories‚ teas‚ and other products‚ in a tastefully designed coffeehouse setting also providing superior customer service. 2. Why do you think Starbucks has now elected to expand internationally primarily through local joint ventures to whom it licenses its
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Custom Coffee Darlene Winchester Management Today-week 3 I believe Custom Coffee & Chocolate mission is to establish a small café where they and their customers could indulge their love of good coffee and fine chocolates. Bonnie and Stacy‚ recent college roommates‚ wanted a location that got a lot of foot traffic from shoppers and businesses. Their desire was to target a place near the university because they knew and understood those customers well. The purpose of the cafe’ is to serve
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solution to the problems. \ DATA SOURCE Research included gathering both Primary and Secondary data. Primary data is the first hand data‚ which are selected a fresh and thus happen to be original in character. Primary Data was crucial to know various customers and past consumer views about bikes and to calculate the market share of this brand in regards to other brands. Secondary data are those which has been collected by some one else and which already have been passed through statistical process. Secondary
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Introduction Everyone knows Starbuck Coffee‚ the largest coffee company in the world with almost 17‚000 stores around the world. Believe that few peoples know Howard Schultz‚ who is the CEO and chairperson of Starbuck Company. His legacy started when he became curious when many of coffee roasting equipment being purchase by a shop in Seattle. He found that was a big opportunity business when he visited to Seattle. Schultz was asking to join Starbuck by the three owners Jerry Baldwin‚ Zev Siegel
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of the great retailing stories of recent history by making exceptional coffee drinks and selling dark-roasted coffee beans and coffee-making equipment that would allow customers to brew an exceptional cup of coffee at home. The Starbucks brand was regarded as one of the best known and most potent brand names in America and the company had firmly established itself as the dominant retailer‚ roaster‚ and brand of specialty coffee in North America. It already had over 1‚500 stores in North America and
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Analysis and Interpretation: Demographic Factors: Age Of the Respondents: Age of Respondents Less than 25 35-45 25-35 More than 45 Total Frequency 14 23 9 4 50 Percent 28.0 46.0 18.0 8.0 100.0 Age Of Respondents 25 20 15 10 5 0 14 9 4 Frequency 23 ANALYSIS: From the survey it was found that amongst 50 respondents a) b) c) d) 28% of the respondents are less than 25 years old. 46% of the respondents are between 25 and 35 years of age. 18% of the respondents are between 35 and 45 years of
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Coffee Industry Industry Introduction From the discovery of small‚ brightly colored red berries on trees in Ethiopia came the largest imported commodity in the world‚ second only to oil. The coffee bean provides a livelihood for over 20 million people worldwide with an estimated worldwide retail sales expected to grow by a compounded rate of 6.9% from 2005-2010‚ reaching $48.2 billion by 2010‚ according to The U.S. Market for Coffee and Ready-to-Drink Coffee. [1] The two main species of coffee
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