BUS 665 Strategic Marketing Case 2- Starbucks Wenjing Zhang Jun Myers January 25‚ 2013 Briefly synthesize the key information presented in the case Starbucks today is one of the world’s best known brands. Howard Schultz built an amazing coffee empire. Mr. Schultz had a vision of selling high quality coffee in a comfortable and enjoyable atmosphere. And he was not only a good visionary but also a great leader who cares about employee health benefits and allow to employees working more than 20
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Starbucks Case Assignment starbucks Corp.‚ an international coffee and coffeehouse chain based in Seattle‚ Washington‚ has expanded rapidly since its opening in 1971. These outrageous success was due to its well-developed strategy vision which lay out the company’s strategic course in developing and strengthening its business. Starbucks is a global corporation that sells authentic coffee in 30 countries‚ reporting revenues of nearly $5.1 billion in 2006. The main goal of Starbucks is to embrace
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5. Do you see any limits to Starbuck’s growth? Yes‚ there are some limits to stop Starbuck’s growth. Frist of all is over-expansion strategy they have. Starbucks expanded at every corner‚ being next to each other and in the same neighborhood. Starbucks planned to add more than 2‚000 new stores in 2008‚ but the growth in new stores was slow. Since the recession of economy in 2008‚ they had to close 600 poor performance stores and fired 12‚000 employees. Another huge limit came from McDonald’s threat
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Case 1-1 Starbucks – Going Global Fast Summary In the text the author tries to explain how Starbucks gets one of the global brands by entering new market. As one of the fastest-growing brands in the world‚ the Coffee chain is well known around the globe. The company tries to be very innovative‚ as they invented the Starbucks card and a pre-order via phone or internet. Nevertheless‚ they have to focus on a problem‚ since it is difficult to attract the next generation in the United States. The
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Delhi | Starbucks: Study on Rebranding‚ Extensions and Positioning | Final Report | | | Submitted byArjun Sreekumar 10PGDM070Mario Fernandes 10PGDM088M. Srinivasan 10PGDM 086Tushar Sharma 10PGDM115Vashisht Adhlakha 10PGDM116 | | Table of Contents Executive Summary 3 1.1 The Starbucks Corporation 5 History 5 1.2 Starbucks: Evolution of the Brand 7 1.3 The Starbucks Experience as the Brand 10 1.4 Brand Extensions 12 Starbucks Duetto Visa Card 12 Starbucks Liqueur 13
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affected by many different factors. From their first store in Seattle‚ WA Starbucks learned that customers wanted a place to sit down and have a cup of coffee‚ while other customers wanted to get coffee quickly by utilizing a drive-thru. Both of these options have been added to appeal to a larger customer base. When Howard Schultz first entered the Starbucks business‚ he was struck by the philosophy of Starbucks. Starbuck not only stood for good coffee‚ but also for the dark-roasted flavor profiles
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Starbucks We take Coffee seriously! Starbucks Problem Statement • Is this best possible way to grow? • How much to extend in the quest for growth? • How do tap / react the opportunities? About Starbucks • Speciality coffee company – Arabica beans • CEO – Howard Schultz • 1000 retail locations in 32 markets throughout North America and 2 stores in Tokyo About Starbucks Channels • Retail Outlets – Bread and Butter – An experience store (Third Place) – Contribution to revenue: 86% –
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Preliminary Starbucks – one of the fastest growing companies in the US and in the world - had built its position on the market by connect with its customers‚ and create “third place” beside home and work‚ where people could relax and enjoy others or themselves. It was the motto of Starbucks’ owner Howard Schultz and mostly thanks to his philosophy; company has became the biggest coffee drink retailer in the world. However‚ within the new customer satisfaction report‚ there is shown some concerns
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Porter’s Five Forces Analysis of Starbucks Although Starbucks may currently be considered the king of coffee‚ the company is continually mitigating the potential threats in its fierce competitive environment. With regard to Starbucks’ existing rivals‚ the company faces little competition in the upscale coffee shop industry with its biggest competitor being Panera Bread Company. The true threat from existing competition comes from other coffee beverage retailers such as Dunkin’ Donuts‚ Krispy Kreme
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CASE 1: STARBUCKS – GOING GLOBAL FAST A – Summary: This case was prepared in 2002‚ therefore‚ numbers and references also used at the time of the preparation. Starbucks is one of the largest chains of coffee shops in the world. Their business first started in the early 80s on Sixth Avenue and Pine Street in downtown Seattle as a tiny chain coffee shop. Then‚ they grew up rapidly in the 90s and spread out 5‚689 outlets within 28 countries in 2002. Being very well managed by a well seasoned management
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