Starbucks & Vertical Integration Ques 1. Starbuck’s value chain is farmers‚ roasting‚ distribution‚ and retail. Raw Materials (Coffee Beans): Coffee bean farming is not vertically integrated into Starbucks; the company purchases coffee beans from farmers. Starbucks choose to outsource farming due to the low potential hold-up problem. For its coffee‚ Starbucks uses only high-quality Arabica beans‚ instead of regular commodity and lower quality robusta beans. Since there are a lot of market
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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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Starbucks: Marketing Plan A Market Analysis Mission Statement and Objectives: Starbucks advertises two essential mission statements. First and foremost‚ it strives to “establish [ourselves] as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles while [we] grow(s).” (Starbucks) Reflective of its mission‚ Starbucks bases its strategic campaign and communications on six indispensable philosophies; structuring a pleasant work environment in
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Starbucks Case Analysis Table of Contents I. Executive Summary II. Company Profile III. Marketing Analysis IV. Competition V. Company Product and Services VI. Recommendations/Conclusion I. Executive Summary In 1971‚ three young entrepreneurs began the Starbucks Corporation in Seattle Washington. Their key goal was to sell whole coffee beans. Soon after‚ Starbucks began experiencing huge growth‚ opening five stores all of which had roasting facilities‚ sold coffee beans and room
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The Starbucks Brandscape and Consumers ’ (Anticorporate) Experiences of Glocalization CRAIG J. THOMPSON ZEYNEP ARSEL* Prior studies strongly suggest that the intersection of global brands and iocal cultures produces cultural heterogeneity. Little research has investigated the ways in which global brands structure these expressions of cultural heterogeneity and consumers ’ corresponding experiences of glocalization. To redress this gap‚ we develop the construct of the hegemonic brandscape. We
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Marketing Audit In this external audit‚ Starbucks is looking at its macro and micro external environment. Macro Environment includes: * Economic-Demographic * Technology * Culture * Political and Legal * Markets * Competitors Micro Environment includes: * Market Force * Market and customers * Competitors * Distributions * Dealers * Suppliers * Facilitators MACRO ENVIORNMENT Economic-Demographic Starbucks’ approach to expansion goes beyond the
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view otherwise. A problem Starbucks has had to face is in regards to the Starbucks Workers Union. Starbucks likes to portray themselves as a “socially responsible corporation”‚ but Starbucks workers state they face “unpredictable hours‚ inaccessible health care‚ low wages and lack of job security.” Employee Erik Forman says‚ "The core of the problem boils down to this: Starbucks orders ’labor ’ the same way it orders coffee beans or paper cups”. If a barista at Starbucks want to be a “full time”
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they will use coffee mills to process the product from cherry to bean. 2. Exporter : The coffee export process varied greatly depending on origin country and buyer. In some countries‚ beans were exported through government coffee boards while other countries used private exporters only. 3. Broker : The broker is the one who import the coffee bean. After the beans were shipped to the import country‚ it was visually inspected and test-tasted for quality through a process called "cupping". After passing
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Starbucks Business Strategy Mariana Lupea October‚ 31‚ 2011 Introduction The purpose of this paper is to analyze the business strategy of a publicly traded company. The writer will include an overview of the company‚ including mission statements‚ products‚ markets‚ and recent financial operations. A SWOT analysis will be performed and strategic objectives will be noted. Furthermore‚ the writer will detail specific plans
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Starbucks “Crafted by hand and heart” The full-page advertisement in the entertainment weekly magazine boasts a “four-layered masterpiece” describing the hazelnut swirl atop the new Hazelnut Macchiato by Starbucks. The final words we’re left with (there are only 25 words total) are “Crafted by hand and heart.” The ad we’re seeing by Starbucks today is colorfully creamy with espresso blending into the white latte to show a caramel you can’t resist. What is an appeal‚ suggests Starbucks
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