Preview

Starbucks Swot

Powerful Essays
Open Document
Open Document
2111 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starbucks Swot
Business Organization and Management Group Case Study

Starbucks
Chapters
Introduction. 3

What is the product in this business and its value? What type of business is it and why? 4

What is a competitive advantage for the company? How can the management use it? Make SWOT analysis for the company. 5

What types of decisions did the owners have to make? Why you think they had to make those decisions? 7

Which are the reasons of success for a coffee shop in Greece? 9

What can we assume for the BDI (Brand Development Index) and CDI (Category Development Index) of the company? 10
How can the environment influence the company? How can the current environment influence the company? 11
Bibliography . 12
Introduction
'Starbucks ' mission statement is 'Establish Starbucks as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles while we grow. ' (www.starbucks.com ). Having that in mind, Starbucks have indeed invaded the world and is now a powerhouse in the coffee shop business, this case study will try to shed some light into what has made the company such a worldwide success.

What is the product in this business and its value? What type of business is it and why?

Starbucks is the largest coffee importer and roaster of specialty beans and the largest specialty coffee bean retailer in the United States. The firm is aggressively moving into several different foreign markets.

“Today Starbucks have more than 16.226 stores in various countries.
Starbucks sells drip brewed coffee, espresso-based hot drinks, other hot and cold drinks, snacks and items such as mugs and coffee beans. Through the Starbucks Entertainment Division and Hear Music Brand the company also markets books, music and films. Many of the company’s products are seasonal or specific to the locality of the store. Starbucks-brand ice cream and coffee are also sold out at grocery



Bibliography: Wikimedia Foundation, Inc.2008. Starbucks [online]. [Accessed 14th December 2008]. Available from World Wide Web: http://en.wikipedia.org/wiki/Starbucks Starbucks Coffee Company.2008. Starbucks Diversity [online]. [Accessed 14th December 2008]. Available from World Wide Web: http://www.starbucks.com/aboutus/SB-DIVERSITY-FIN.pdf Kirbyson, G. August 30, 2004. ‘Howard Schultz uncommon grounds’ Brandchannel [online]. [Accessed 14th December 2008]. Available from World Wide Web: http://www.brandchannel.com/careers_profile.asp?cr_id=47 Marketing Teacher Ltd. 2008. SWOT Analysis Starbucks [online]. [Accessed 14th December 2008]. Available from World Wide Web: http://www.marketingteacher.com/SWOT/starbucks_swot.htm Griffin, Ricky W. 2003. Fundamentals of Management, 3rd edn, Houghton Mifflin Company, U.S.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    1. Who is the company? Provide information about the age, location and type of business.…

    • 3274 Words
    • 11 Pages
    Satisfactory Essays
  • Best Essays

    * Nancy F.Kohen, Marya Besharov, Katherine Miller. (2008). Starbucks coffee company in 21st century. Available: Harvard digital library. Last accessed 30 September 2011.…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Good Essays

    BA 440 Starbucks SWOT

    • 870 Words
    • 3 Pages

    Starbucks employs over 149,000 workers and brought in a profit of $1.38 billion in 2012 (www.strategicmanagementinsight.com). The company is a household name that has been featured in television and movies and a brand that is sought after by countless celebrities. Although the company is the top retailer of coffee in the United States, Starbucks has shown a trend in sales since early 2009 that allude to the fall of the “great coffeehouse empire”. Because of this troubling news, executives at Starbucks have began to look deeper into the strengths and weakness of the organization and have tried to build courses of action that will help propel the chain back to the top of their market.…

    • 870 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Starbucks vs Tim Hortons

    • 1379 Words
    • 6 Pages

    Starbucks is a “premier roaster, marketer and retailer of specialty coffee” (Marketline 2012). This company is globally recognized because of their vast amount of stores, consisting of more than 17,000 retail stores in over 55 countries. Most retail stores are in highly populated areas, like “downtown and suburban centers, office buildings, university campuses and in select rural and off-highway locations” (Marketline 2012).…

    • 1379 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Beginning in 1971 with only one shop in Settle’s historic Pike Place Market for coffee and tea, Starbucks has managed to become one of the most successful companies in the world. It has become number one in the coffee industry. As of June 2012 Starbucks owns 19,763 coffee shops in 59 countries which includes 12,848 in the United States, 1,264 in Canada, 973 in Japan, 778 in Great Britain, 621 in China, 441 in South Korea, 350 in Mexico and 269 in the Philippines. Offering to its consumers’ different coffees with unique flavors, tea and beverages, including food snacks and coffee accessories Starbucks has attracted consumers and turned them into loyal customers. (Starbucks Coffee Company, 2012)…

    • 1052 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Mergent Online, 2011, University of Phoenix Apollo Library. Starbucks Corporation (SUBX). Retrieved September 16, 2011.…

    • 2316 Words
    • 10 Pages
    Good Essays
  • Better Essays

    Many factors accounted for the extra-ordinary success of Starbucks in the early 1990’s. Starbucks owns nearly one-third of America’s coffee bars, which is more than its next five biggest competitors combined. Almost all of Starbucks’ locations in North America are company-owned stores located in high-traffic, high-visibility settings such as retail centers, office buildings, and university campuses. This made Starbucks a very convenient coffee bar because of the many different locations. Starbucks also worked to add more depth to their product in the coffee shops. In addition to selling whole-bean coffees, these stores sold rich-brewed coffees, Italian-style espresso drinks, cold-blended beverages, and premium teas. Product mixes vary depending on the stores size and location; however, most stores offer a variety of pastries, sodas, juices, coffee-related accessories and equipment, CDs, games, and seasonal novelty items.…

    • 2285 Words
    • 10 Pages
    Better Essays
  • Best Essays

    Tui Mkt 501 Module 1 Slp

    • 2251 Words
    • 10 Pages

    This Module 1 SLP will be the first part of an in-depth market analysis. The company I have chosen is Starbucks Coffee Company. The first Starbucks opened in 1971 at Pike Place market in Seattle, WA. Eleven years later, Howard Schultz was hired by the company to be the director of retail operations and marketing. The first Starbucks with the current coffee house look and feel was opened in 1984 in downtown Seattle. The Starbucks headquarters is still located in Seattle, WA. Currently, Starbucks is relying on retail expansion, product innovation, and service innovation to achieve this long-term goal once set by current chairman Howard Schultz: “The idea was to create a chain of coffeehouses that would become America’s “third place.” At the time, most Americans had two places in their lives – home and work. But I believed that people needed another place, a place where they could go to relax and enjoy others, or just be by themselves. I envisioned a place that would be separate from home or work, a place that would mean different things to different people.”…

    • 2251 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    "premium" coffee. Starbucks is a leading specialty coffee retailer and US one of the best know brand today. 40% Coffee Market Size…

    • 3410 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Satrbucks (Unfinished)

    • 1675 Words
    • 7 Pages

    Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 20,891 stores in 62 countries. Starbucks locations serve hot and cold beverages, whole-bean coffee, micro ground instant coffee, full-leaf teas, pastries, and snacks. Most stores also sell packaged food items, hot and cold sandwiches, and items such as mugs and tumblers. Starbucks Evenings locations also offer a variety of beers, wines, and appetizers after 4pm. Through the Starbucks Entertainment division and Hear Music brand, the company also markets books, music, and film. Many of the company's products are seasonal or specific to the locality of the store. Starbucks-brand ice cream and coffee are also offered at grocery stores.…

    • 1675 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    SBUX ratio analysis YE2013

    • 1006 Words
    • 5 Pages

    Starbucks is one of the world’s largest coffee retailers. We can see in the Notes to Financial Statements for the fiscal year ended September 30, 2012 of Starbucks Corporation (SBUX) that its nature of business is to sell its high-quality roasted coffee and tea beverages, coffee and tea products, and a variety of food items (United States).…

    • 1006 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 20,366 stores in 61 countries, including 13,123 in the United States, 1,299 in Canada, 977 in Japan, 793 in the United Kingdom, 732 in China, 473 in South Korea, 363 in Mexico, 282 in Taiwan, 204 in the Philippines, and 164 in Thailand.…

    • 1245 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Business Economics

    • 2828 Words
    • 12 Pages

    However, a spokesperson for Starbucks said that heavy investment was paying off in terms of a record number of customers and a return to solid sales growth. The group has put aside £24m this year to continue refurbishing its UK stores. It is also focused on rolling out free Wi-Fi, sourcing Fairtrade coffee for its espresso-based drinks, and experimenting with an instant coffee brand to fight off competition from JD Wetherspoon and McDonald 's. Starbucks competes in the Service Sector, Specialty Eateries Industry and is the dominant player in the Gourmet Coffee segment. This essay is going to explain its major external and internal environmental factors impacting upon its operations in its appropriate market structure.…

    • 2828 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    Starbucks is the largest coffeehouse company in the world,[2] with over 16,858 stores in 50 countries, including over 11,000 in the United States, over 1000 in Canada, and over 700 in the UK.[3][1]…

    • 12275 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    Thirty years ago Starbucks was a single store in Seattle 's Pike Place Market selling premium roasted coffee. Today it is a global roaster and retailer of coffee with over 7,000 stores in U.S. and outside U.S. Starbucks Co. set out on its current course in the 1980s when the company 's director of marketing came back from a trip to Italy enchanted with the Italian coffeehouse experience. Schultz persuaded the company 's owner to experiment with the coffeehouse format-and the Starbucks ' experience was born. The basic strategy was to sell the company 's own premium roasted coffee, along with freshly brewed espresso-style coffee beverages, a variety of pastries, coffee accessories, teas, and other products, in a tastefully designed coffeehouse setting. The company also stressed providing superior customer service. Reasoning that motivated employees provide the best customer service, Starbucks ' executives devoted a lot of attention to employee hiring and training programs and progressive compensation policies that gave even part-time employees stock option grants and medical benefits. The formula met with spectacular success in the United States, where Starbucks went from obscurity to one of the best known brands in the country in a decade. (Hill, 2003)…

    • 2423 Words
    • 10 Pages
    Powerful Essays

Related Topics