Starbucks Paige Weaver Professor Eissa MGMT 3013 June 26‚ 2013 Ch. 2 1. Describe the history of your company and its expansion. The first Starbucks was opened in Seattle‚ Washington by Gordon Bowker‚ Jerry Baldwin‚ and Zev Siegl who built the first store basically by hand and was built in Seattle’s Pike Place Market. The trio raised money themselves totaling $6‚350. They came up with the name Starbucks because they thought that the “st” sound was catchy. They then designed their logo
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COMPANY PROFILE Starbucks Corporation REFERENCE CODE: E86AFA79-07E1-4115-AA0C-0016416541FE PUBLICATION DATE: 8 Jun 2012 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Starbucks Corporation TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts................................................................
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and Executing Strategy: Concepts and Cases‚ 15th Edition Case Starbucks’ Global Quest in 2006: Is the Best Yet to Come? © The McGraw−Hill Companies‚ 2007 Case 29 Starbucks’ Global Quest in 2006: Is the Best Yet to Come? Amit J. Shah Arthur A. Thompson Frostburg State University The University of Alabama Thomas F. Hawk Frostburg State University I n early 2006‚ Howard Schultz‚ Starbucks’ founder‚ chairman of the board‚ and global strategist‚ could look
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Starbucks Corporation Annual Report “Starbucks is the premier roaster and retailer of specialty coffee in the world. Starbuck’s goal is to become the leading retailer and brand of coffee in each of its target markets by selling the finest quality coffee and related products‚ and by providing each customer a unique Starbucks Experience. The company’s mission is to inspire and nurture the human spirit – one person‚ one cup and one neighborhood at a time” (H. Schultz‚ (CEO) Starbucks Corporation‚ 2010)
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M i n i C as e 4 Starbucks: Re-creating Its Uniqueness INSPIRED BY ITALIAN COFFEE BARS‚ Starbucks’s founder Howard Schultz set out to provide a completely new consumer experience. The trademark of any Starbucks coffeehouse is its ambience—where music and comfortable chairs and sofas encourage customers to sit and enjoy their coffee beverages. While hanging out at Starbucks‚ they can use the complimentary wireless hotspot or just visit with friends. The barista seems to speak a foreign language
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we serve. All businesses certified as “diverse” by a third-party agency with products and services relevant to Starbucks are eligible to apply for this program. Eligible companies must be located within the United States‚ its territories or possessions‚ and the owners must be U.S. citizens. Do you qualify as a Diverse Supplier? Suppliers interested in doing business through the Starbucks Supplier Diversity Program must be: * At least 51% women- or minority-owned‚ or socially or economically disadvantaged
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Starbucks Schultz created a “third place”‚ among home and work‚ that people could come‚ relax and socialize. His prototype was the coffee shops he saw in Italy and he wanted create the same culture in United States. Also‚ at the time‚ coffee consumption was declining‚ so this was a quite radical idea. The goal was to create a coffee culture‚ offering people a variety of quailty coffees in a friendly and sociable environment. The service was also very important. They needed to combine this coffee
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International Marketing Strategy of STARBUCKS Corporation “We’re not in the coffee business serving people…We’re in the people business serving coffee.” Introduction • Is an international coffee and coffeehouse chain based in Seattle‚ Washington. • Is the largest coffeehouse company in the world‚ with 17‚009 stores in 55 countries‚ including over 11‚000 in the United States‚ over 1‚000 in Canada‚ over 700 in the United Kingdom‚ and over 150 in Turkey. • Sells brewed coffee‚ espressos
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Starbucks started in 1971 and by creating a cozy third place to customers beyond home and work and offering a slightly higher price yet fine quality coffee‚ within 25 years‚ it had opened just over 1000 stores. In order to maintain its leadership position‚ Starbucks had continued pursuing growth opportunities by selling Starbucks products through mass distribution channels and expanding its retail footprint. Along with the rapid expansion and success‚ Starbucks has encountered financial downturn
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Who are the target markets for starbucks? How do they differ from those of other coffee shops? Starbucks primarily targets coffee drinkers. These segments comprise of adults‚ young adults and Kids and Teens. Starbucks offers its customers a total brand experience which stretches beyond the consumption of the bevergae. The experience includes excellent customer service‚ gold card loyalty program‚ specialty coffee drinks‚ unique drink names‚ its dedication towards social responsibility‚ elegant looking
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