Preview

COMPETITOR OF STARBUCKS

Good Essays
Open Document
Open Document
1140 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
COMPETITOR OF STARBUCKS
COMPETITOR OF STARBUCKS
There are the known international company that become the competitor for the Starbucks. There are:
Coffee Bean & Tea Leaf
The endurance and popularity of The Bean, as it is affectionately referred to by devotees, can be attributed to the high standards that were established from the beginning. From trend-setting drinks like the World Famous Ice Blended, to the employees who become a part of the communities they work in, The Coffee Bean & Tea Leaf ® has discovered the formula for a successful coffee and tea company.

San Francisco Coffee
The company that serve fresh coffee sourced from the best coffee farms on this green earth and the roast master, uses company to concoct blends and roasts that have the people wringing their hands, anxious for their next hit.

Secret recipe
Secret Recipe Cakes & Café offers a friendly and personalised full-service dining experience for customers and incorporates a modern contemporary and vibrant interior concept with comfort ambience, and great food. It provides a great respite for customers to enjoy good food and quality time with friends, family or associates, after a long day at work.

Old town white coffee
To be Asia Pacific’s leading white coffee brand, providing high quality products to customers globally

All the competitors try to win the demand of the customer who loves to drink coffee. Each company have their own strategy and uniqueness of their product.

THE MACRO AND MICRO ENVIRONMENT THAT AFFECT THE STARBUCKS COMPANY
MACRO ENVIRONMENT
For the Starbucks micro and macro environment factor, we can use PESTEL element to evaluate and observed about the Starbucks. The (PEST) element included:

Political factors

The first factor which shall be kept in mind while studying the macro environment of Starbucks is the political aspect. It has been seen that, Starbucks has significant levels of presence in the coffee market. Starbucks consists of various types of products for government offices,

You May Also Find These Documents Helpful

  • Best Essays

    Starbucks the known name in the world of coffee business had started off with little company which now has transformed in a successful corporation. This brand has gained remarkable success over period of time and has proved itself as a reputable coffee provider in term of taste and quality. The major contribution in this success was their aggressive expansions strategies. These strategies have enabled them to develop a dense chain of stores not only in America but all over the world. Their strategic approach towards the business has enabled them to gain value of $12 billion in 2008 from $2.9 billion in 1998 (Higbee, Liaw, Ting, Tjho, ton, 2008).…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Good Essays

    Starbucks Attractiveness

    • 612 Words
    • 3 Pages

    Starbucks currently operates within three industries: Fast-Food Restaurants, Coffee and Snack Shops, and Specialty Coffees. Which are defined by NAICS (North American Industry Classification System). Although all three are separate segments Coffee and Snack Shop and Specialty Coffee basically carry various similarities. Despite this fact that this industry is somewhat narrower when compared to the fast food industry that they are also considered to be a part of, the coffee and snack shop aspect of their overall industry. Attractiveness is their bread and butter. Starbucks currently represents 32% of this industry and continues to grow, making them one of its largest players. This is the industry that they need and have focused the most on. One of the main factors of success are clearly related to their plans for global expansion because Starbucks has all but halted their domestic expansion (Global Data) and focused almost exclusively on the former. Another fact that illustrates the need to concentrate on this segment is the advancement of overall industry attractiveness their specialty coffees segment (consisting of retail store sales) only comprises 7% of their total revenue. Starbucks operates its largest segment in Fast Food Restaurant Industry, despite their relative insignificance as compared to giants like McDonald’s. It is worthwhile for them to pay close attention to this segment, because McDonald’s and Starbucks may differ in market share, but Starbucks holds a larger market share of the segment that McDonald’s wants/needs to capitalize on: Coffee. So to operate in parallel industries makes for a key success factor dependent on the level of information on competitors that also drive change. Although focusing on its most important segment, the Coffee and Snack Shop, Starbucks should also pay careful attention to this segment as well in order to achieve their optimal industry attractiveness.…

    • 612 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Starbucks

    • 2490 Words
    • 10 Pages

    Economic: Interest rates: As the company is operating in 49 countries therefore it is important for Starbucks to consider the interest rate of the country before making the investment and expansion decision. Also interest rate will have an influence on the consumers as well. Economic Growth: If any of the country where the growth is slow then the performance of Starbucks will also be influenced. Recession: With the current economy going through the period of recession, this could also affect the sales of coffees in different parts of the world. Competitors pricing: Different cafes, restaurants have been opened and providing coffees to their customers, therefore the pricing of these competing companies is also an important factor. Exchange rates – Exchange rates also affects Starbucks when they are dealing with international trade. Inflation…

    • 2490 Words
    • 10 Pages
    Best Essays
  • Good Essays

    When entering a global market, it can be expected to overcome both controllable and uncontrollable elements. The Starbucks organization is no exception to overcome these elements when entering the global market. According to text (2011) controllable elements are attributes such as firms characteristics, type of product, pricing of product, the amount of research conducted, promotions and the channels of distribution. Uncontrollable elements effecting Starbucks are competitive structures, domestic and international, varying levels of technology and cultural differences. Starbucks encountered revised incomes with the economic downturns of recent and it quickly realized that its gourmet product was among the first to be cut out of tightening budgets.…

    • 753 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    * Starbucks is the largest coffee-house chain which has stores in many countries throughout the world including Japan.…

    • 481 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Starbucks Strategic

    • 2119 Words
    • 9 Pages

    Starbucks competes with players both within the specialty market and against those outside the specialty coffee market. Some examples of competitors within the specialty coffee market are Tully’s coffee, Seattle’s Best Coffee, Peet’s Coffee, Caribou Coffee and other smaller chains. Those outside the specialty market include, Folgers, Proctor & Gamble, Dunkin Donuts, McDonalds and numerous other coffee serving establishments. Starbucks leverages its customer loyalty, premium quality coffee and the homey atmosphere of its stores to fend off competition.…

    • 2119 Words
    • 9 Pages
    Good Essays
  • Good Essays

    STARBUCKS COFFEE CORPORATION: Introduction The aim of this report is to submit a structured analysis of the company using various analytical tools. The analysis will then provide the basis for formulating a conclusion and offering my recommendations.…

    • 2069 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Eassays English

    • 1119 Words
    • 5 Pages

    All the coffee brands have to compete fiercely with each other to scramble for the pieces of the cake.…

    • 1119 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    SWOT Analysis: Starbucks

    • 1389 Words
    • 6 Pages

    Starbucks is a coffeehouse corporation that produces delectable drinks and pastries. It has become one of the biggest coffee companies and is well known for their drink products including: Coffee, Tea, Frappuccino’s and Smoothies. Starbucks originated in Seattle’s Pike Place Market. Dunkin Doughnuts and McDonalds are currently Starbucks greatest competitors. Dunkin Doughnuts is one of the largest baked goods and coffee chains in the world with 65 percent of their product being in the retail beverage market. McDonald’s McCafe is Starbucks fastest growing competitor placing in the top three coffee sellers in 2015. Starbucks marketing budget is approximately 282.6 million dollars.…

    • 1389 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Business Management Essay

    • 679 Words
    • 3 Pages

    When speak from macro and micro perspective we must bear in mind that these are two different phenomenon’s. Micro factors can be described as factors that people and businesses keep in mind when making decisions concerning the allocation of resources, whereas macro factors can be described as the factors that are kept in mind when making decisions regarding not only specific companies but industries as a whole and economies, more over micro environmental factors are the one’s over which the business has control for example price, product and promotion whereas macro environmental factors are the one’s over which the business has no control as such as social, cultural, technological and political factors. Businesses operate in markets keeping in mind changing situations not only of their market conditions but also the trends of the economies that they operate in, so that they can adjust and survive in accordance with new situations because adaptation is a must for a business to survive and prosper otherwise a business might be forced to cease operations and shut down.…

    • 679 Words
    • 3 Pages
    Good Essays
  • Best Essays

    In 1963, Herbert B. Hyman started The Coffee Bean & Tea Leaf. With passion, he began looking for a good cup of coffee and tea in the world, making him to become the founder of gourmet coffee in California. After more than 40 years, The Coffee Bean & Tea Leaf has become one of the largest private companies in the world coffee trade. Over the years, the company has created strong relationship with the farm, ensuring there will always have fresh coffee and tea for the best customer service. Since its establishment, the company is proud to be one of the searches for the best coffee and tea in the world. Currently, the company offers over 20 coffees and 20 teas in accordance with the needs of each consumer. Coffee and tea are roasted fresh daily and delivered to the store to deliver to consumers. Today, The Coffee Bean & Tea Leaf has more than 850 locations in 23 countries.…

    • 2340 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    starbucks

    • 355 Words
    • 2 Pages

    We’ve always believed in serving the best coffee possible. It's our goal for all of our coffee to be grown under the highest standards of quality, using ethical sourcing practices. Our coffee buyers personally travel to coffee farms in Latin America, Africa and Asia to select the highest quality beans. And our master roasters bring out the balance and rich flavor of the beans through the signature Starbucks Roast.…

    • 355 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    starbuck

    • 842 Words
    • 4 Pages

    Starbucks is facing two problems. Decreasing sales which are related to an economic recession is the first problem. To be specific, due to economic depression in recent years, Starbucks has confronted decreasing sales that result in reduced net income and revenue in 2009. There are only limited ways to solve the first problem because the problem is related to macro-economic condition that Starbucks cannot control. The second problem is an intense competition in its markets. For example, McDonald’s is adding coffee station that can be a substitute of Starbucks’ coffee shop and Coca-Cola is preparing a bottled coffee beverage brand that can decrease the market share of Starbucks’ bottled coffee brand. Compared with the first problem, there are relatively more ways to control the second problem because the problem is related to the industry that Starbucks has lots of strengths.…

    • 842 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Cool Head Case Study

    • 395 Words
    • 2 Pages

    Despite heavy advertisement and canvassing by its representatives, the product was unable to atteract customers. It was observed that launching of this product did not affect the market position of other branded coffee at all which was being sold at Rs.90/- for pack of .275 gm.Rather, it was observed that the…

    • 395 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Porters Analysis

    • 350 Words
    • 2 Pages

    Answer 1: Porter's five forces analysis suggest that the market in which Dunkin Donuts and Starbucks operate is competitive. According to his force Industry competition, the rivalry in between the coffee stores is fierce. Where Starbucks open stores across the street from the other coffee shops, McDonalds have started giving coffee for a dollar, any size. Other local coffee shops are also there which provide a variety of coffee and people are getting used to it. So the competition is not only amongst the chain stores but is with the local shops also. Although according to Porter's second rule of new entrants, at first it seems a new entrant competition is not so important but when looked into detail, there are local shops who are providing a different taste of coffee and are gaining popularity. Other food chains such as Subway and McDonalds have also started giving coffee and have recently come into the coffee market. I personally am kind of bored of the flavors of Starbucks and Dunkin Donuts and prefer local coffee shops over the chain shops to experience a new flavor. According to Porter's third force of substitute products or services, many companies have started giving a variety of flavors and are also giving the option of tea including Iced tea, Chinese tea, English tea, herbal tea and many more. People are becoming conscious of the amount f caffeine they are taking in and thus are looking into other options. In this area also, the market is very competitive. The bargaining power of suppliers and customers are also the very important forces that drives the market. Nobody wants to go to a dining place and order an expensive coffee every day. They would prefer a place where coffee is more affordable and the service is fast. Believe it or not, in the morning everybody is in rush and do not want any delays. The suppliers now know there is not one buyer for their coffee. If one company stops taking it, they can sell it to some other company. The demand for…

    • 350 Words
    • 2 Pages
    Satisfactory Essays