Starbucks A Brand Company Essay - 931 Words

A company that I frequently visit on a semi-regular basis is Starbucks. Starbucks is a popular company that is recognized internationally and specializes in premium roast coffee, as well as other beverages. Starbucks, according to The Richest, is currently the power house of the coffee world. They are not only known for selling high quality coffee, but also providing an inviting atmosphere with good music and comfortable seats. Starbucks’ mission is, â€Å"to inspire and nurture the human spirit one person, one cup and one neighborhood at a time†. The company’s success can be credited to this distinctive mission. The Starbucks story began in 1971 in Washington when it opened its first store in Seattle’s Pike Place Market. The company is named after the first mate in Moby Dick. Their logo is inspired by the sea. The lady that is the Starbucks logo is actually not an ordinary lady, it is a twin-tailed siren from Greek mythology. Back then, they were retailers of whole bean and ground coffee. As well as tea and spices. In 1981 Howard Schultz, the chief executive officer and chairman of Starbucks today, had his first cup of Starbucks coffee and was speechless. A year later he started working there. In 1983 Schultz went to Italy and was fascinated with the coffee bars there and just the experience. His main vision was to eventually bring the Italian coffeehouse legacy back to the United States. He envisioned a place where people could go for conversation and a sense of community. AShow MoreRelatedTarget Market Segments1229 Words   |  5 Pagesdifferent market segmentations that Starbucks coffee has targeted to establish its brand equity in the industry. First of all, Starbucks coffee’s demographic segmentation targets men and women in between the age of 25 to 40 years old. (Huff Post, 2013) However, later on the company decided to modify its segmentation to also target students. Starbucks coffee’s geographic segmentation is to target individuals that either goes to the mall, hotel, restaurant and college. Starbucks coffee’s psychographic segmentationRead MoreStarbucks Corporation and Brand Loyalty955 Words   |  4 PagesStarbucks Corporation and Brand Loyalty In today’s highly competitive business markets, a consumer’s loyalty to a brand often adds reassurance to the company’s stable and lasting position in the marketing world. As the new year continues to unravel, brands must maintain strong marketing strategies in order to keep their current buyers interested as well as capture the eye of new buyers. Brand loyalty after all, is the consumer’s conscious and unconscious decision, expressed through intentionRead MoreStarbucks Case Analysis Essay1176 Words   |  5 PagesSubject: Starbucks Case Analysis Having been through the great expansion and the economic depression, Starbucks has become one of the most valuable brands in the world by its ability to immediately distinguish consumers’ needs and fulfill those needs with extraordinary services. In other words, Howard Schultz has made Starbucks the solution to consumers’ unsatisfied need, which gives the brand a strong positioning that not only benefits the company, but also creates customer value. However,Read MoreThe Most Important Starbucks Marketing Strategy951 Words   |  4 PagesThe most important Starbucks’ marketing strategy is culture and experience strategy, supplying unique experience and sharing coffee culture. Starbucks thought 90% of feelings to coffee came from smell while 10% are from taste. So, Starbucks focused on aroma of its coffee shop, making sure that costumers would be attracted by coffee aroma once they came in any shops. That’s why no smoking there and no perfume to Starbucks employees. In this case, desire for coffee would be conditioned response fromRead MoreSwot Analysis Of Starbucks1275 Words   |  6 Pages Starbucks Coffee SWOT Analysis Boyd Watson Columbia Southern University â€Æ' INTRODUCTION Starbucks Coffee Company is known on a global level for its retails stores, specialty operations, packaged coffee and beverage brands. They are the largest coffeehouse business in the world that has made huge advancements in all the major markets. Starbucks Coffee chain is strong but it always facing major threats in various markets around the world. For Starbucks to keep up with a competitive advantageRead MoreStarbucks: An Analysis of the Companys Competitive Advantages824 Words   |  3 PagesStarbucks has a number of different strengths on which it can draw in order to see its vision come to fruition. The company has a great brand, and this brand allows it to enter new markets and to add new products to its lineup. For example, the power of the Starbucks brand allowed the company to enter into a worldwide deal with Pepsi for bottled drinks in the supermarket. Also, when Starbucks enters new markets, its brand value usually precedes it. It can attract expats immediately and will piqueRead MoreStarbucks vs Dunkin Donuts-Case Study1218 Words   |  5 PagesCompany profile Starbucks Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 20,366 stores in 61 countries, including 13,123 in the United States, 1,299 in Canada, 977 in Japan, 793 in the United Kingdom, 732 in China, 473 in South Korea, 363 in Mexico, 282 in Taiwan, 204 in the Philippines, and 164 in Thailand. Starbucks sells hot and cold drinks, coffee beans, saladsRead MoreB2b And B2b Business Activities1542 Words   |  7 Pagesof a B2C company would be Starbucks. Business to Business or B2B, companies doing direct business with each other instead of having consumers involved. A great example of a B2B company would be the Intel Corporation. The Intel Corporation is an American Global technology company, whom headquarters is located in Santa Clara, California. The overall marketing goal for both B2B and B2C companies is the same, increase the profit margin, but the marketing strategies of the two types of companies will differRead MoreStarbucks vs Dunkin Donuts-Case Study1230 Words   |  5 PagesCompany profile Starbucks Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 20,366 stores in 61 countries, including 13,123 in the United States, 1,299 in Canada, 977 in Japan, 793 in the United Kingdom, 732 in China, 473 in South Korea, 363 in Mexico, 282 in Taiwan, 204 in the Philippines, and 164 in Thailand. Starbucks sells hot and cold drinks, coffee beans, saladsRead MoreStarbucks Brand1422 Words   |  6 PagesStarbucks Corporation: Managing a High Growth Brand 1 One of the main keys for success for Starbucks in building the brand is their focus on quality, starting by the quality of the whole bean, the freshly roasted gourmet beans, its packaging, transportation, until its brewing. This has served as a main differentiator between Starbucks and other brands. Starbucks has succeeded to position itself as a unique quality coffee provider. Starbucks also managed to build its brand with the perception