Preview

Starbucks case

Powerful Essays
Open Document
Open Document
2111 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starbucks case
Marketing Management
COMM 3045

A Crack in the Mug - Can Starbucks mend it?

Case Study

Prepared for:
Professor Pat Gardner

Group Members:

Kim Denis
Tomas Lee
Xame Chan
Paul Stevens Table of Contents

1. Executive Summary 3
2. Problem Statement 4
3. Company Objectives 4
4. Company Background 4
5. Analysis 5-7
5.1. SWOT Analysis 5
5.2. Market Analysis 6
5.3. Competitive Analysis 7
6. Key Factors 7-8
6.1. Key Opportunities 7
6.2. Key successes 7
6.3. Key Uncertainties 8
7. Alternatives 9-11
7.1. Alternative 1 9
7.2. Alternative 2 10
7.3. Alternative 3 10
8. Recommendations 10-11
9. Action Plan 12
10. Contingency Plan 12

1. Executive Summary

In this examination of the problem, a SWOT analysis was prepared, followed by a market and competitive analysis, and a map with customer’s perceptions. In addition, the key factors were identified into opportunities, successes, and uncertainties. Finally, contingencies on this plan have been addressed.

Based on the analysis, three alternatives were identified:
• Alternative 1:
• Alternative 2:
• Alternative 3:
We recommend offering a combined approach described in alternative three. This approach advises using

2. Problem Statement
Company founder, Howard Shultz has been reinstated as the CEO of Starbucks in January 2008 as a measure to get the company back on track. Schultz must decide how to turn the tide of shareholder reluctance and customer resistance.
3. Company Objectives
Starbucks wishes to provide a good quality coffee product to its customers and provide them with a club like atmosphere where they can relax.
They have an ethical environmental and social commitment. Policies include: farmer equity , fair trade coffee, charitable contributions , volunteerism, conservation of resources, promotion of diversity and inclusion in respect of workforce location , purchasing and employment

You May Also Find These Documents Helpful

  • Powerful Essays

    WGU VZT1 Marketing Plan

    • 4031 Words
    • 14 Pages

    This one-year strategic marketing plan for Great Gaming Graphics (3G) has been created by its founder to obtain additional private funding for the company. Great Gaming Graphics has been launched two years ago and the discrete graphic chip prototypes that got developed during this time shows great promise, offering computer gaming graphic speeds in excess of 220% compared to the competition. The prototypes have been put on graphic card reference boards for standard PC’s and distributed to PC Gaming Review sites, PC Gaming magazines and PC Game companies for testing/review purposes and the reception was extremely positive. Alongside with this the Gaming Review Sites and Magazines published their findings in their publications and the reception of the general public (through letters, blogs) has been extremely enthusiastic.…

    • 4031 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Howard Schultz (born July 19, 1953) is an American business magnate. He is the best known as the chairman and CEO[2] of Starbucks and a former owner of the Seattle SuperSonics. Schultz co-founded Maveron, an investment group, in 1998 with Dan Levitan.…

    • 1165 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Starbucks: Expansion

    • 431 Words
    • 2 Pages

    The expansion of a company takes not only takes leadership, but dedication and passion. QSR magazine’s article Over the Hill: 40 Years of SBUX highlights how a small company from Seattle expanded to the international company it is today. The writing discusses the journey of Starbucks’ early ages and the company’s current Chairman and CEO, Howard Schultz. The company was founded in 1971 by Gerald Baldwin, Gordon Bowker, and Zev Siegl with an initial investment of only $9000, with Schultz joining Starbucks in 1982 as its marketing chief. Despite being disencouraged by the initial founders of the company at first, Schultz was able to translate his ideas and thoughts into profit and mold Starbucks into the coffee bar with an atmosphere that he had envisioned. Throughout the 1990s, Starbucks blossomed into an American giant, growing from a local retail business into a national name with more than 1300 units.…

    • 431 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Starbucks Financial Analysis

    • 5548 Words
    • 23 Pages

    Starbucks Corporation (“Starbucks”) is one of the leading American global coffee brewers. They are a coffeehouse chain that has over 20,000 brick and mortar stores located throughout the world. They are known for their high end coffee houses that serve a wide array of coffee flavors and types. They also serve various food items that complement their coffee selection. Part of the Starbucks strategy is to welcome their customers with a relaxing environment, rather than the quick take-out style that most of its competitors prefer. The Starbucks environment is generally warm and inviting, whether it is outside on a patio or inside on a comfortable couch. The Starbucks experience also includes the availability of free Wi-Fi so customers may take advantage of wireless computing while they relax and enjoy Starbucks coffee.…

    • 5548 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    It has always been, and will always be, about quality. Starbucks srtives to use the finest coffee beans, roasting them with great care, and improving the lives of people who grow them. Starbucks likes to embrace diversity to create a place where each of us can be ourselves. We always treat each other with respect and dignity. They…

    • 1342 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Starbucks

    • 1215 Words
    • 5 Pages

    The recent reports of CSR efforts of Starbucks Company reflect their progress in several areas of work. The company’s recent commitments also include assisting the coffee farmers, and supporting communities and environments. Other commitments…

    • 1215 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Metabical Case

    • 5146 Words
    • 21 Pages

    Table Of Contents 1.0 2.0 3.0 Introduction Executive Summary Situation Analysis 3.1 Identification Of The Problem 3.2 Market Analysis 3.3 SWOT Analysis 3.4 Target Market Marketing Communication Strategy 4.1 Marketing Communication Plan/Objectives 4.2 Marketing Budget 4.3 Schedule for Key Marketing Communication Activities 4.4 Promotional Strategies 4.4.1 Advertising Strategies 4.4.2 Promotion and Public Relations 4.4.3 Sales Force 4.4.4 Comprehensive Support Program 4.5 Product Strategies 4.6 Distribution Strategies 4.7 Pricing Strategies 4.7.1 Potential Customer 4.7.2 Sales Forecast 4.7.3 Return on Investment (ROI) Conclusion…

    • 5146 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Essay on Starbucks Coffee

    • 2052 Words
    • 9 Pages

    In 1982, entrepreneur and current chairman, Howard Schultz, joined the company. When Schultz joined the company, he wanted to change the company’s focus away from in home coffee production and coffee bean retailing, to also include selling coffee drinks. Schultz wanted to create an Italian espresso bar atmosphere to the Starbucks Company. Siegel, Baldwin, and Bowker didn’t like the idea, but in 1984 Schultz convinced the “founders of Starbucks to test the coffee bar concept in a new location in downtown Seattle”. In 1985, Schultz decided to leave the company and start his own Italian espresso inspired company called Il Giornale. In 1987, Schultz got backing from local investors and purchased Starbucks. Shultz then changed the name Starbucks to Starbucks Corporation.…

    • 2052 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Howard Schultz, the CEO of Starbuck’s, and his team are always trying to look for a culture and environment that loves and respects their employees just as much as their customers. Staff training and management is the key for Starbucks’ perfect leadership.…

    • 903 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Planet Hollywood

    • 4370 Words
    • 13 Pages

    Kao Cooperation started as a humble and consumer-minded shop at Tokyo, Japan at the year of 1887 by Tomiro Nagase. This modest shop had eventually developed into a successful local manufacturing company that produces their own pharmaceutical products such as soap, laundry detergents, shampoo, scouring powder, and liquid detergents throughout the years.…

    • 4370 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Starbucks Case Questions

    • 917 Words
    • 3 Pages

    Howard Schultz actually has a really good business plan in our opinion, one that is actually very difficult to find an aspect to challenge. Any problem that has risen with it, Schultz has taken the necessary steps to correct it. For example, when the finances of the company as well as the massive growth were getting to be too much to handle, Schultz took the company public and listed its stock on NASDAQ. When growth began to slow Schultz’s stepped back into the chief executive spot. Some said it was because of rapid expansion and oversaturation. He made menu cuts, closed the least profitable stores, and focused on getting the company back to what led to its success in the first place. He also knew that international expansion was very crucial to the recovery of Starbucks. The only aspect that wasn’t really focused on as much as the competition was advertisement, but they really didn’t need to. It would have been unnecessary expenses since popularity skyrocketed due to word of mouth. Shultz also has incredible employee benefits that allows for good employee morale as well as employee retention. He offered health-care coverage that included part-time workers with as little as 20 hours a week as well as also covering employees who had terminal illnesses, paying full medical costs until they were covered by government programs. He also introduced a stock option plan for everyone, including part-timers had been with the company at least six months which made employees partners.…

    • 917 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    3M Company, formerly known as the Minnesota Mining and Manufacturing Company, is an American multinational corporation based in Maplewood, Minnesota.…

    • 3242 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Culture and Starbucks

    • 1411 Words
    • 6 Pages

    Starbucks' global corporate goal is to become the leasing coffee seller and brand in each of its expansion targets. They aim to do this through their finest quality coffee and other products, and by means of their…

    • 1411 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Feasibility Study

    • 4064 Words
    • 8 Pages

    solution that will satisfy time, cost, and scope. This will guide us to select an alternative…

    • 4064 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Technotronics, Inc.

    • 1457 Words
    • 6 Pages

    This report from the Audio Products Section presents the decision concerning the commercial operation of ‘X-27’.…

    • 1457 Words
    • 6 Pages
    Good Essays

Related Topics