Preview

Value Chain of Starbuck

Powerful Essays
Open Document
Open Document
4565 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Value Chain of Starbuck
Pro-forma A
Value of the product/service for the customer

1. Name of Company: Starbucks Coffee Company
Starbucks was firstly opened by three partners at Seattle on March 30, 1971. At the beginning, it was only a small store selling freshly roasted whole bean coffee. But now, by the tremendous effort from the chairman, Howard Schultz and every partner (employee) of Starbucks, it is an international company having more than 16,000 stores around over 50 countries over the world. They take great care to roast the best quality of hand-crafted coffee and share this passion with all customers. As listed on the mission statement, “to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time”.

2. Description of Products/Service * Drinks: Starbucks is not only known for their high quality coffee such as Espresso and Frappuccino®, it also provides a wide range of beverage to customers, for example Tazo® Tea, chocolate beverage, juices and smoothies. * Foods: Freshly made food item and pastries are also on their recommendation. * Services: The outstanding and personalized customer services provided in the relaxing atmosphere of each store are also the crucial factors of contributing Starbucks to be one of the most admired companies in the world.

3. The key products or services attributes
High quality coffees:
The coffees of Starbucks are all about quality, sourcing the finest coffee bean with passion, roasting them with lots of care, delivering the coffees with hearts to customer. They also put a lot of effort to improve the lives of farmers who grow the coffee beans. Therefore, they can ensure they are providing the highest quality to each customer.
True heart customer services:
Starbucks services provide to customers are about human connection. Services by their partners are also unforgettable other than their coffee. Each customer is served with great care and as an individual. Personalization services are provided and

You May Also Find These Documents Helpful

  • Better Essays

    Of course Starbucks just is not about coffee, they are also specialized in more than 30 different blends of coffee both hot and iced. They also make smoothies (for the health conscious), and different variety…

    • 1112 Words
    • 5 Pages
    Better Essays
  • 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

    They also offer a few things online like the rewards program/ If you have a card and register it at Starbucks.com, you can earn rewards to free items. You also get a free drink on your birthday. They also offer the Starbucks Idea, where you as a customer can tell them what you thing or want (Starbucks, 2015). This is where the idea of the “How-ever-you-want-it Frappaccino” came from (Solomon, Marshall, Stuart, 2012)! They also strive to have a community atmosphere. Anytime I go into any of our local Starbucks, I am sure to run into someone I…

    • 458 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Customer service satisfaction is one of the most important measures that Starbucks stands on. The firm principles of the company are seen with its preservation of a great and proven work environment for every staff member. They put their employees through a thorough, difficult, and challenging training program that educates every employee about the gourmet coffee industry. I cannot say that Starbucks “teaches“ but maybe “instills“ the importance of customer service and satisfaction through wonderful service standards and requirements. Starbucks strives to create an “experience” around the consumption of coffee. They want to create an inviting atmosphere where people can come to enjoy their coffee and feel relaxed and comfortable. Starbucks saw a 21% increase in their net revenue in 2007. The company’s net earnings, in 2007, were 673 billion dollars. Starbucks has a vast target market, it ranges from high school students to the working class adults. Coffee drinkers of all ages enjoy the flavors and atmosphere of Starbucks. Starbucks product is primarily gourmet coffee, although, they are branching out into retail sales. When Starbucks first started gaining brand recognition, cities could not wait to have a store built. Now, there is practically a Starbucks on every corner. The company uses prime…

    • 1862 Words
    • 8 Pages
    Powerful 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

    Recently, the new trend that is developing is narrowed toward offering to the customer good service despite the good product. Having high service quality is accepted as one strong competitive advantage that is difficulty built but it brings high success for the company if managed properly. Service quality is following the perceptions of the customer of what he/she thinks that quality of service is about and meeting exactly their experience. So the question is what factors are there that are shaping service quality at Starbucks?…

    • 1052 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Starbucks Red Flags of Fraud

    • 2320 Words
    • 10 Pages

    In addition to its retail outlets, the Starbucks brand of gourmet coffees, ready to drink Frappuccino and double shot drinks and ice creams are also sold in grocery and…

    • 2320 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Starbucks Financial Analysis

    • 4211 Words
    • 17 Pages

    The world renowned Starbucks Corporation (New York Stock Exchange: SBUX) has gone from a Seattle-based company to one of the world's most powerful and recognizable brands of high-quality coffee. Starbucks welcomes millions of customers through their doors every day in destinations all over the globe. Starbucks mission is to inspire and nurture the human spirit; “one person, one cup and one neighborhood at a time”. They have long believed in serving the best coffee possible with their ultimate goal for all of their coffee to be grown under the highest standards of quality but with maintaining the highest ethical practices possible. Starbuck’s company coffee selector’s travel to remote coffee farms all over the globe in search of the highest quality Arabica beans. Once the beans arrive at the Starbucks roasting plants, their experts attempt to balance the rich flavor of the beans through their signature Starbucks Roast (Starbucks.com, n.d.). Starbucks stores serve many patrons and purposes: a meeting place, taking a break with your favorite book, surfing the internet on their wireless connection, or simply finding a sense of home in a new city.…

    • 4211 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Starbucks is acclaimed for its superior value proposition in the early 1990’s by creating an experience around the consumption of coffee, a ‘third place’. The brand is positioned to offer the highest quality coffee, close customer intimacy, and warm atmosphere or ambience.…

    • 1149 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    In addition, Starbucks shows its commitment to its partners. Therefore, it provides a great working environment by treating each employee with respect and dignity. Furthermore, it embraces diversity by recruiting people from all over the world.…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Starbucks biggest strength is its brand reputation which they have maintained with high quality coffee and excellent customer service, their experience to serve the perfectly blended coffee with friendly staff and good ambience is incomparable with any other, it is the largest known coffeehouse of the world with more than 20,000 café’s. Starbucks is not only famous in the masses…

    • 467 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Starbucks Assessment

    • 714 Words
    • 3 Pages

    The beginning Starbucks only sold coffee and espresso drink as well as coffee bean. Nowadays, it sells hot and cold drink, coffee bean, hot and cold sandwiches, sweets, salads, snakes and items such as mugs, glass and tumblers. Also, its products are seasonal. However, it provides various services such as entertainment (music, newspaper, magazine, free internet), and offers good or quick services.…

    • 714 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The Company 's objective is to establish Starbucks as the most recognized and respected brand in the world. Starbucks purchases and roasts high-quality whole bean coffees and sells them along with fresh,…

    • 2423 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    What Starbucks stands for is not just a good cup of coffee but also the passion it pours into its product quality and its service.…

    • 504 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Starbucks want its servicescape to be the “Third Place” between work and home, providing unmatched store experience. Besides aiming to offer perfect coffee products, Starbucks emphasises on human connection in its service. Staffs of Starbucks are expected to be fully engaged with its customers to connect, laugh and uplift its customers’ days. It aims to make an impact on its consumers’ lives. Starbucks also targets to create a sense of belonging, turning Starbucks stores as a haven and as an enjoyable meeting place.…

    • 3090 Words
    • 13 Pages
    Powerful Essays

Related Topics