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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1971‚ Starbucks has established itself as the world’s leading retailer‚ roaster and brand of specialty coffee with over with 17‚009 stores in 55 countries. The company‚ which ranks amongst the world’s top 100 global brands according to Interbrand 2006‚ has an impressive record of sales and profit growth. In FY2006 Starbucks achieved a sales turnover of $7.8 billion‚ an increase of 22% on 2005‚ and operating margin of 11.4%. In 2010 the revenue of Starbucks is $ 10.71 billion. Starbucks Headquarters
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.:Executive Summary:. Starbucks has been the most successful coffee chain using their aggressive expansion strategies to surpass its competitors. Through its expansion‚ Starbucks has focused on creating a dense network of stores all around US‚ while also opening up new locations all around the world. However‚ Starbucks’ aggressive expansion strategies have posed major threats to its financial health such as tight cashflows‚ increase debts‚ poor liquidity ratios and etc. In addition‚ this approach
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coffee fanatics – Gerald Baldwin‚ Gordon Bowker and Ziev Siegel founded Starbucks in Seattle‚ Washington (Moon & Quelch‚ 2006). Howard Schultz‚ who is now the CEO‚ joined the marketing team. He made a trip to Italy and became obsessed with the idea of how people were drinking coffee in the cafes. A few years later Howard Schultz bought Starbucks from the three founders and started to expand the coffee brand. Starbucks is the leader in the coffee industry and is one of the most recognized brands
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1) Starbucks used mostly a differentiation strategy‚ however it had also used a cost leadership strategy. Its differentiation strategy was exemplified by their stores providing an experience‚ offering interesting coffee-related drinks in a theatrical kind of atmosphere‚ their unique Coffee blending and roasting process which enabled them to create an extensive product variety‚ their employees received great deal of training to become very knowledgeable about coffee in order to provide an exceptional
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19 9.3 Product Diversification 19 10.0 Strategic Issues 19 10.1 Consistency and Quality in Products and Services 19 10.2 Protection of Suppliers and Future Supply 20 10.3 Product Diversification 20 10.4 Remaining Innovative 21 10.5 Identifying New and Untapped Markets 21 1.0 Executive Summary Starbucks Coffee Company was founded in 1971‚ when it opened its first location in Seattle’s Pike Place Market. Starbucks was named after the first mate in Herman Melville’s Moby Dick and is the world’s
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Business Management Supervisory Starbucks Case Study Questions: 1) Starbucks’ employees can be seen as a formal team as opposed to an informal team. Differentiate between ‘formal’ and ‘informal’ teams. 2) The employees of Starbucks retail shops clearly work together well as a team. List four characteristics of teams that have ‘gelled’ together. 3) “… the numbers of employees are usually from three to six.” a. Why is the size of team an important factor? b. What are the benefits
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Strategy on Market Segmentation Targeting and Positioning with the Marketing Mix 1.0 Introduction: The Starbucks Corporation was founded by three entrepreneurs at the place called Seattle in 1971. Initially they were selling of whole bean coffee in one Seattle store and by the year 1982 the business had grown tremendously and has opened five stores selling the coffee beans‚ a roasting facility‚ and a wholesale business for local restaurants. When the Starbucks started its business it was
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STARBUCKS IN CHINA Marketing in the host country Before entering China‚ Starbucks decided to invest in market research to analyze the best approach to reach the Chinese market by entering joint with local companies in different regions across the country which allowed a direct access to the consumer for market research purposes. Several interesting findings were made regarding market behavior in China; first of all China is a tea-based consumption market so to generate acceptance to the Starbucks
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STARBUCKS IN 2009 1 TABLE OF CONTENT Starbucks issues and causes…………………………………………...….……………….2 Starbucks current strategies and evaluation…………………………..…….……………..4 Analysis and recommendations………………………………………………………….10 SOAR analysis……………………………………………………..………………..10 Competitive analysis…………………………………………………………….......11 Value chain analysis…………………………………………………………………14 Recommendations……………………………………….………………..…………17 Appendix………………………………………………………........................................18 References……………………………
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