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Author: Fotini Mastroianni Publisher: GRIN Verlag ISBN: 3668353387 Category : Business & Economics Languages : en Pages : 19
Book Description
Seminar paper from the year 2010 in the subject Business economics - Offline Marketing and Online Marketing, , course: Marketing, language: English, abstract: Starbucks is known for the qualitative variety of its products, the exclusive and friendly environment, the helpful and very polite personnel, the information and training on the products and the participation of management in building relationships with customers. Starbucks offers more than 16 blends and types of coffee made of coffee beans Arabica, a large variety of beverages prepared instantly, teas, freshly baked pastries, chocolates, savoury delicacies, sandwiches, salads, etc. Also, at Starbucks a customer can buy coffee specialty products such as coffee machines espresso, coffee grinding machines, mugs and other items related to coffee and tea and CDs, which are original proposal gifts. Despite this wide array of products, Starbucks founder Howard Schultz, in February 2007, decided to close 600 Starbucks stores. This paper examines several reasons that may be advanced for the company's decline, concluding that it would not have happened if Starbucks had stayed in their original form of combining the exclusive cafe with the friendly atmosphere and staff, and above all, good quality coffee. The paper then goes on to explore the changes that the company has made in its marketing strategy since the decline in 2007 as well as the risks and potential benefits from competition, such as best practice examples of marketing in other countries, specifically in Greece.
Author: Fotini Mastroianni Publisher: GRIN Verlag ISBN: 3668353387 Category : Business & Economics Languages : en Pages : 19
Book Description
Seminar paper from the year 2010 in the subject Business economics - Offline Marketing and Online Marketing, , course: Marketing, language: English, abstract: Starbucks is known for the qualitative variety of its products, the exclusive and friendly environment, the helpful and very polite personnel, the information and training on the products and the participation of management in building relationships with customers. Starbucks offers more than 16 blends and types of coffee made of coffee beans Arabica, a large variety of beverages prepared instantly, teas, freshly baked pastries, chocolates, savoury delicacies, sandwiches, salads, etc. Also, at Starbucks a customer can buy coffee specialty products such as coffee machines espresso, coffee grinding machines, mugs and other items related to coffee and tea and CDs, which are original proposal gifts. Despite this wide array of products, Starbucks founder Howard Schultz, in February 2007, decided to close 600 Starbucks stores. This paper examines several reasons that may be advanced for the company's decline, concluding that it would not have happened if Starbucks had stayed in their original form of combining the exclusive cafe with the friendly atmosphere and staff, and above all, good quality coffee. The paper then goes on to explore the changes that the company has made in its marketing strategy since the decline in 2007 as well as the risks and potential benefits from competition, such as best practice examples of marketing in other countries, specifically in Greece.
Author: Khanh Pham-Gia Publisher: GRIN Verlag ISBN: 3640380932 Category : Business & Economics Languages : en Pages : 57
Book Description
Research Paper (undergraduate) from the year 2008 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,0, University of applied sciences, Munich, language: English, abstract: Starbucks is the world leader in the premium coffee market and has an amazing success story. In this study the key factors for the successes of Starbucks are analyzed. The distribution strategy of Starbucks, e.g. through coffee stores, grocery markets, and new retail channels, is investigated. Additionally, problems of the rapid expansion of Starbucks in national and international markets and their solutions are discussed. Starbucks sells not only its coffee; it sells the "Starbucks' experience". The company is successful to convey its vision to the customers. It can convince customers paying more for high-quality products and a new life style. Starbucks reached its goal to establish and leverage its powerhouse premium brand through rapid expansion of retail operations, introduction of new products and store concepts, as well as development of new distribution channels. Starbucks has revolutionized the coffee business. The main marketing strategy is to represent Starbucks' store as a "third place" between work and home. The company could increase the market share in existing markets and open stores in new markets rapidly. Additionally, Starbucks always tries to expand its products portfolio. The company cooperates and takes alliances with other companies to develop and distribute new products. As the result, Starbucks has developed from a local coffee bean roaster and retailer in the US to a multinational coffee and coffeehouse chain with more than 14,000 stores in 42 countries. The rapid expansion of Starbucks leads unfortunately to some serious problems. The company has to fight with the commoditization of Starbucks' brand because of a series of decisions which are necessary for the rapid business growth. Getting back to the s
Author: Katharina Reinhard Publisher: GRIN Verlag ISBN: 3668176728 Category : Business & Economics Languages : en Pages : 55
Book Description
Seminar paper from the year 2015 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,3, University of King Juan Carlos, language: English, abstract: The present paper develops a marketing plan for Starbucks. The author begins this task by performing a marketing analysis including a Porters Five Forces-analysis of the retail coffee and snacks industry. He then proceeds with an external and internal analysis, examining competitors and social, economic and environmental trends as well as the companies own resources and current position. Following a SWOT-Analysis, different aspects of strategic and operational marketing are highlighted, among them the product itself, price, place, promotion, targeting and segmentation. Finally, implementation and control of the strategy are discussed and a conclusion is drawn.
Author: Christian Mangold Publisher: GRIN Verlag ISBN: 364077373X Category : Business & Economics Languages : en Pages : 11
Book Description
Essay from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of Applied Sciences Wernigerode, language: English, abstract: Starbucks’ CEO, Howard Schultz, asks an interesting question: “What would happen if one takes the high-quality coffee from Starbucks and connects it with the charm and atmosphere of European cafés? Starting from this idea, the company developed in a unique way. Starbucks is now the world leader in the premium coffee market with 128,898 employees in more than 17,000 locations and a revenue of US $ 9.77 billion. Starbucks has revolutionized the coffee business. Its main marketing strategy is to present the Starbucks store as a “third place” between work and home. Starbucks has expended rapidly abroad, but there were and are some cultural differences through which Starbucks has problems. I will try to analyze these problems and demonstrate solutions.
Author: Kathl Morgenstern Publisher: GRIN Verlag ISBN: 364060248X Category : Business & Economics Languages : en Pages : 12
Book Description
Essay from the year 2009 in the subject Business economics - Offline Marketing and Online Marketing, grade: 2.6, Justus-Liebig-University Giessen, language: English, abstract: Ever since the first Starbucks store in Seattle was opened, the company has shown an amazing growth and development. With over 15,000 stores all over the world, Starbucks is one of the leading coffee shops. This assessment will give an overview of the history of Starbucks showing the quick growth of the company and highlighting major management decisions that have been made during the years. Furthermore it will show the variety of products and take a look at the operation of Starbucks on the basis of the Marketing Mix. The paper will close with a summary and a conclusion.
Author: Joseph Katie Publisher: ISBN: 9783656400912 Category : Languages : de Pages : 16
Book Description
Seminar paper from the year 2011 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: A, University of Portsmouth, language: English, abstract: The role of Strategy Management is the study of managing the process in order to produce goods and services. Independently of whether we are talking about small business or corporate, managing strategy remains vital in order for the enterprise to function effectively. Production industry would of course consist of much more complicated process of managing strategy, because it involves design and creation of the product, its development, followed by distribution and coordinating several product lines if applies. One of the very important parts of the strategy management is effectiveness and efficiency of the production process, that's means time, cost and quality, those are very important for operational management. Starbucks created cautiously with growers in Africa, South and Central America, and Asia-Pacific regions to assure the superior of its product. Starbucks connected all employees' "partners" and shaped harder to alternation them with the abilities all-important to best serve the customer. The environment at Starbucks was crafted afterwards the European-style espresso bar. Since the starting of Starbucks principle, the business strives for achievement through expanded development and market share. In 1956, Starbucks's first shopping centre was opened in 1960, the string of connections of 212 business shops, supplementing another 144 shops in 1964 (Goetz Sutton 2007). This development tendency set with Starbucks Company accomplishes the name of market foremost in the retail nourishment commerce in the United Kingdom in 1995. 1990 was assessed by Starbucks increase spectacularly, inserting a broad variety of markets, encompassing new geographic markets and new markets. Armstrong (2003) devotes the next charts display the Starbucks in distinct geographical
Author: Howard Schultz Publisher: Hachette Books ISBN: 1401304923 Category : Business & Economics Languages : en Pages : 249
Book Description
In Pour Your Heart Into It, former CEO and now chairman emeritus Howard Schultz illustrates the principles that have shaped the Starbucks phenomenon, sharing the wisdom he has gained from his quest to make great coffee part of the American experience. The success of Starbucks Coffee Company is one of the most amazing business stories in decades. What started as a single store on Seattle's waterfront has grown into the largest coffee chain on the planet. Just as remarkable as this incredible growth is the fact that Starbucks has managed to maintain its renowned commitment to product excellence and employee satisfaction. Marketers, managers, and aspiring entrepreneurs will discover how to turn passion into profit in this definitive chronicle of the company that "has changed everything... from our tastes to our language to the face of Main Street" (Fortune).
Author: Taylor Clark Publisher: Little, Brown ISBN: 0316026174 Category : Business & Economics Languages : en Pages : 254
Book Description
Starbucked will be the first book to explore the incredible rise of the Starbucks Corporation and the caffeine-crazy culture that fueled its success. Part Fast Food Nation, part Bobos in Paradise, Starbucked combines investigative heft with witty cultural observation in telling the story of how the coffeehouse movement changed our everyday lives, from our evolving neighborhoods and workplaces to the ways we shop, socialize, and self-medicate. In Starbucked, Taylor Clark provides an objective, meticulously reported look at the volatile issues like gentrification and fair trade that distress activists and coffee zealots alike. Through a cast of characters that includes coffee-wild hippies, business sharks, slackers, Hollywood trendsetters and more, Starbucked explores how America transformed into a nation of coffee gourmets in only a few years, how Starbucks manipulates psyches and social habits to snare loyal customers, and why many of the things we think we know about the coffee commodity chain are false.
Author: Mutinda Jackson Publisher: GRIN Verlag ISBN: 366873819X Category : Business & Economics Languages : en Pages : 13
Book Description
Essay from the year 2017 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1.0, Mount Kenya University, language: English, abstract: Starbucks is the biggest coffee and fast food company in the world. The organisation has outlets in various location in the worlds. With the ever-changing coffee market, this marketing plan is designed to propel Starbucks into the realisation of its missions and objectives. The main aim of this market plan is to ensure that our product gluten-free sandwiches are the most sort after sandwiching in the world and our brand is considered to be the best. To realise this objective, Starbucks has to ensure that it continues to grow by opening more outlets and improving the quality and taste of the gluten sandwich.
Author: Christine Nyandat Publisher: GRIN Verlag ISBN: 3346043517 Category : Business & Economics Languages : en Pages : 8
Book Description
Academic Paper from the year 2019 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, University of Phoenix, language: English, abstract: The internationalization strategy of Starbucks involves using three approaches which are wholly owned subsidiaries, joint ventures, and licensing. The licensing procedure is used when Starbucks wants quick expansion in a particular country. Starbucks uses a joint venture strategy in order to initiate its business practices to the local market. Wholly owned subsidiaries technique is used when Starbucks has the market knowledge of the market it’s operating in, for example, the U.S and Canada market. Starbucks has adopted a multi-domestic company approach in its internationalization strategy. Multi-domestic companies are characterized as having essential ties with local communities. This MNC type is an independent sub-unit from the headquarters and other subsidiaries. Starbucks marketing and sales strategies are unique in each market it operates in. Besides, it embraces products as to local preferences and tastes by providing products in various markets.
Author: Fotini Mastroianni
Author: Fotini Mastroianni
Author: Khanh Pham-Gia
Author: Katharina Reinhard
Author: Christian Mangold
Author: Kathl Morgenstern
Author: Joseph Katie
Author: Howard Schultz
Author: Taylor Clark
Author: Mutinda Jackson
Author: Christine Nyandat