Preview

Case Study About Starbucks

Satisfactory Essays
Open Document
Open Document
306 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study About Starbucks
| 2013 | | [Type the company name]
Ahmed Adel |

[Case study] | |

3- Starbucks is targeting a various segments of customers.
The type whose focused mainly on the quality of the service are attracted by adding labor hours and time-saving automated machines to stores. It focused on the quality of its coffee with a Coffee Master training program for its baristas and a new line of ultra premium whole-bean coffees.
The type whose focused on the price are attracted by lunching a campaign designed to educate consumers that Starbucks wasn't as expensive as they thought it was.
The single serve packets at all Starbucks stores and grocery stores for 1$ each or 9.95$ for 12 packs.
Starbucks started attracting "Brew it at home" customers, partnering with Kraft to launch flavored coffees you can brew yourself.
The ace in the hole in Starbucks strategy is Seattle's Best Coffee.
It is placed were Starbuck's customers aren't ( vending machines, coffee carts, fast-food restaurants ). Seattle's Best allows Starbucks to go head-to-head with competitors like McDonald's without damaging its brand.

4- Probably, Starbucks now is targeting different types of customers, offering different type of goods and services, with various prices, under different brands .

1-His vision wasn't based on selling only, he wanted to create "Starbucks Experience"
Providing customers with what he called a
"Third Place".
He targeted the wealthier, better educated, and more professional than the average American.

2- Schultz realised that the initial segment were not enough to fuel the kind of growth he wanted so he started targeting a wider segments of customers , as the atmosphere in stores turned into
"hustle and bustle " it became a less attractive place
To the traditional customers and appealed more to
The new ones. The new breed of customers was less affluent, less educated, and less

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Unit 4

    • 474 Words
    • 2 Pages

    My comparison of similar establishments I have visited shows that even the store with an affordable variety and friendly service will gain my business. Even if it wasn’t on my way to work having good quality and reasonable prices would encourage me to go out of my way. Although Starbucks serves quality products their popularity has made the prices soar. The coffee is…

    • 474 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    * Katie Tewell, Bethany Odom, Kelly Snider. (2006). Starbucks Marketing plan. Available: http://www.franklincollege.edu/pwp/BOdom/SampleWorkStarbucks.pdf. Last accessed 30 September.…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Satisfactory Essays

    Starbucks Case Analysis

    • 434 Words
    • 2 Pages

    * Bargaining power of customers is very low since Starbucks implements “standardization” as one of the important step of their brand-building strategy. This means customers will pay same amount of money for same products.…

    • 434 Words
    • 2 Pages
    Satisfactory 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

    Starbucks Industry Case

    • 2421 Words
    • 10 Pages

    The bargaining power of Starbucks’ customers is relatively high. There is an abundance of competitors in the coffee industry to which customers could take their business if prices increased substantially, and switching costs are virtually nonexistent. However, because Starbucks follows a product differentiation strategy and evokes great brand image and loyalty, many Starbucks customers are not…

    • 2421 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    I will start by looking at the background of Starbucks and who their target audience was and how they marketed themselves to this audience. First of all no matter where you are in the world, (although I have found it difficult in NZ to always find a Starbucks, part of the reason I moved to Dunedin….ok not really), you are bound to find a Starbucks with generally the same menu in one of their 15, 756 stores around the world. Starbucks can attribute…

    • 2007 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Starbucks Case Analysis

    • 1440 Words
    • 6 Pages

    In addition to coffee, Starbucks sell pastries, sandwiches, salads, music, merchandise such as coffee makers and espresso machines.…

    • 1440 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Starbucks also uses relative pricing. It offers premium items, like its espresso drinks or its Starbucks brand whole-bean coffees sold in grocery stores, along side lower-cost items, like its drip coffees or its Seattle’s Best line. While the risk exists that more customers will choose the lower-priced items, by offering higher-priced items along side lower-cost alternatives, Starbucks is justifying the higher price through…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Starbucks, Case Study

    • 2084 Words
    • 9 Pages

    The company has gained its brand reputation by offering a wide and innovative range of products, such as: hot and cold drinks, coffee beans, salads, hot and cold sandwiches, sweet pastries, snacks, but also items like mugs and tumblers (Starbucks 2012).…

    • 2084 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Customers have become accustomed to the services they provide and the convenience they bring, therefore the demand for Starbucks is inelastic.…

    • 680 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Starbucks’ customer base was evolving. Newer customers tended to be younger, less well-educated and in the lower income bracket.…

    • 1307 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The price of a cup of Starbucks coffee was rising when the article was written (in 2006) as North America was going through an economic incline; this gave people more money to spend. When people have more money to spend the demand for normal goods (such as Starbucks Coffee) increases. When demand increases the price also increases. The demand increase (and subsequent price increase) can also be explained by an increase in preferences. Starbucks has worked to create a niche market for itself as an “anti-fast food joint”.Starbucks’ branding is to offer each customer an experience with their cup of coffee, not just another transaction. This branding has helped to create a preference with many consumers. They are willing to pay more for a cup of coffee made by a person with care and not a machine.…

    • 911 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Besides promising to offer the finest beverage, Starbucks invented the “Starbucks Roast” that aims to reach and roast its coffee beans to their maximum flavour. Single-origin…

    • 3090 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Beano's Cafe

    • 1477 Words
    • 6 Pages

    Beano’s Café target their market by improving on their customer service. They did this by conducting surveys in order to find out what customers liked and disliked. The surveys showed that customers liked the café’s service, atmosphere, and quick response. While other customers disliked waiting to get a table at the café, the food price, and the music that was played as well. The company responded to their customers by adding more tables and chairs, reducing the price of existing products but increased the price of new ones, and lastly, played different kinds of music to create a pleasant atmosphere. Seeing that the company made use of this strategy shows that they really want to meet the needs of their consumers.…

    • 1477 Words
    • 6 Pages
    Good Essays

Related Topics