Using Internet resources‚ identify the product attributes customers seek when buying hot coffee. (10 marks) Customer tries to find reasonable price Hint: You can classify most product attributes in terms of • price point • quality—conformance to specification (e.g.‚ with hot coffee it might be the proper temperature‚ fresh‚ and free of foreign substances) • functionality—the elements customers value in a cup of coffee (e.g.‚ taste‚ how it is served‚ store’s ambiance‚ the overall
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An Analysis of Starbucks Company History Starbucks was opened its first coffee company in Seattle’s Pike place Market on 1971. The name was taken from the first mate in Herman Melville’s Moby Dick (Company Profile‚ 2005). Products Beverages: Brewed coffees‚ Italian-style espresso‚ cold blended beverages‚ roasted whole bean coffees‚ tea products‚ fruit juice‚ sodas‚ and coffee liqueur. Food: Sandwich‚ Salads‚ pastries and ice creams. Non food items: Mugs‚ Travel tumblers
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MARKETING STARBUCKS CASE REPORT Section 3 – Group C Raghav Aggarwal – Meghan Collins – Pedro Geraldes Cardoso Giulia Hamard – Pascal Klein – Francesco Racanelli MIM September 2013 Intake Marketing Course Professor Shameek Sinha INDEX Executive Summary 3 Problem Statement 4 Situation Analysis 4 Alternative Strategies 5 Recommendation 6 Implementation 7 Appendix 8 2 Executive Summary In 2000 the global markets were hit
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Hasan Mohammad Starbucks Ltd. Principles of Marketing Assignment 1 09 November 2004 I. Company History Three Seattle entrepreneurs started the Starbucks Corporation in 1971the name comes from Herman Melville ’s Moby Dick. Their prime product was the selling of whole bean coffee in one Seattle store. By 1982‚ this business had grown tremendously into five stores selling the coffee beans‚ a roasting facility‚ and a wholesale business for local restaurants. Howard Schultz‚ a marketer
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coffee shop in the world - Starbucks. Having subsequently examined the theory of globalization‚ in my report I would like to reveal the features due to which this theory can be applied to Starbucks and to show how it really works in the real life. Company overview Website: www.starbucks.com Founded: 1971 Country of origin: USA. Number of outlets: 20‚366 Commercial and economic activities of the company: 1. Starbucks owns more than 20‚366 stores. 2. Starbucks is the largest coffee shop
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“Starbucks FDI” Case Study 1. Initially Starbucks expanded internationally by licensing its format to foreign operators. It soon became disenchanted with this strategy. Why? Because this strategy did not give Starbucks the control needed to ensure that the licensees closely followed 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
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Starbucks Analysis Driving forces: External: a) Different consumer tastes and preferences b) An already established coffee culture in Europe c) Local competitions d) Price sensitivity of the consumers e) Social concerns regarding caffeine‚ and it addictive properties also need to be considered. Internal (from the organizations’ perspective): a) To reach larger economies of scale by selling to more customers in other countries. b) To reduce the risk of over dependence
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Running head: THE IMPACT OF STARBUCKS CULTURE INTO DOMESTIC CULTURE The Impact of Starbuck ’s culture into domestic Culture Abstract Nowadays‚ people can easily buy a cup of coffee at a Starbucks shop‚ simply find a Starbuck shop to hang out with friends‚ and conveniently get a fresh breakfast with coffee in the morning. In other words‚ the existence of Starbuck has changed people lives. However‚ how can Starbucks successfully go to this far into globalization
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draws upon information presented in “Planet Starbucks (A)” by the same authors. Planet Starbucks (B): Caffeinating the World Ten years ago‚ we had 125 stores and 2000 employees. [Today‚] we have 60‚000 people working in 28 markets outside North America‚ serving approximately 20 million customers a week. Our core customer is coming in about 18 times a month. With the majority of adults around the world drinking two cups of coffee a day and with Starbucks having less than 7% share of total coffee
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Starbucks—Planning One thing that all managers do is plan. The planning they do may be extensive or it may be limited. It might be for the next week or month or it might be for the next couple of years. It might cover a work group or it might cover an entire division. No matter what type or extent of planning a manager does‚ the important thing is that planning takes place. Without planning‚ there would be nothing for managers to organize‚ lead‚ or control. Based on the numerous accomplishments
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