Preview

Starbucks Global Strategy

Best Essays
Open Document
Open Document
1780 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starbucks Global Strategy
Starbucks Goes “Glocal”: An Investigation of Starbucks’ Global Strategy The Starbucks Corporation is a roaster, marketer, and retailer of specialty coffee throughout the world, currently operating in more than 50 countries today (“Our Starbucks Mission”). Starbucks represents one of the most recognizable logos and companies across the globe today, continually expanding and diversifying their unique operations. The first Starbucks opened in Seattle, Washington in 1971 and since 1987 Starbucks has opened an average of two stores daily (Bonander). Starbucks’ success can directly be attributed to the quality and meaningfulness of their overall mission and vision for the global society. Starbucks aims to provide its customers with the highest quality coffee in the warmest and most welcoming setting; a setting where they feel embraced by their individual community and as if they belong to something or somewhere truly unique and identifiable to themselves individually. They constantly strive to engage with new markets, satisfying each community’s wants and needs with the utmost of respect for their cultures. In order to truly embrace and appreciate the quality behind Starbucks’ global strategy, it’s essential we recognize the foundation of their business and the derived successes of their worldwide contributions, their local efforts and how it applies to the Chicago area community in particular, and the ways in which Starbucks makes even the most foreign places feel local and community-oriented. Starbucks is one of the fastest-growing companies in the world and has achieved such great success by developing one of the most concrete and appreciable business models out there. They provide an ideal work environment for their employees and offer phenomenal benefits, such as healthcare benefits for even those employees who just work part-time. This essence of treating your employees as if they’re like your customers is what we refer to as “internal marketing”. Internal


Cited: Bonander, Ross. "5 Things You Didn 't Know: Starbucks." AskMen. IGN Entertainment, Inc., n.d. Web. 25 Oct. 2012. Boykoff, Pamela. "Starbucks Opens First Store in India." CNNMoney. Cable News Network, 19 Oct. 2012. Web. 29 Oct. 2012. Copsey, Jonathan. "Roswell Starbucks Now Servers Wine, Beer." NorthFulton.com. Appen Newspapers Inc., 24 Oct. 2012. Web. 25 Oct. 2012. Hart, Ryan. "The Globalization of Starbucks and Its Effect On the World." International IP Research. N.p., 28 Sept. 2011. Web. 29 Oct. 2012. Henricks, Mark. "The Starbucks Business Model." Entrepreneur. Entrepreneur Media, Inc., 1 Feb. 2007. Web. 31 Oct. 2012. Kinetz, Erika. "Starbucks Opens First India Store in Mumbai." CBSNews. CBS Interactive, 19 Oct. 2012. Web. 25 Oct. 2012. Lahman, Todd. "Starbucks New Logo Branding Strategy." Starbucks New Logo Branding Strategy. Todd Lahman LLC, 5 Jan. 2011. Web. 25 Oct. 2012. "Our Starbucks Mission Statement." Starbucks Coffee Company. Starbucks Corportation, 2011. Web. 31 Oct. 2012. York, Emily B. "Starbucks Bringing Beer and Wine to Chicago." Chicago Tribune. Chicago Tribune, 06 Dec. 2011. Web. 25 Oct. 2012. York, Emily B. "Starbucks to Add Wine, Beer, Small Plates Menu at Woodfield Cafe as Starbucks Evenings Plan Expands beyond Pacific Northwest." Chicago Tribune. Chicago Tribune, 28 June 2012. Web. 25 Oct. 2012.

You May Also Find These Documents Helpful

  • Best Essays

    * Nancy F.Kohen, Marya Besharov, Katherine Miller. (2008). Starbucks coffee company in 21st century. Available: Harvard digital library. Last accessed 30 September 2011.…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Satisfactory Essays

    To provide internal and external finance mean to engage in business activities using our money from within a company or funds from outside. Source of funds come from the consumers which is part of the internal source. Currently has more than 20,000, 891 stores nationwide. Starbucks has done an excellent job for marketing their brand. The company has had huge success with the small incentive program that was created to recognize their loyal customers which has resulted in a huge turn in profit.…

    • 396 Words
    • 2 Pages
    Satisfactory 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

    Beginning in 1971 with only one shop in Settle’s historic Pike Place Market for coffee and tea, Starbucks has managed to become one of the most successful companies in the world. It has become number one in the coffee industry. As of June 2012 Starbucks owns 19,763 coffee shops in 59 countries which includes 12,848 in the United States, 1,264 in Canada, 973 in Japan, 778 in Great Britain, 621 in China, 441 in South Korea, 350 in Mexico and 269 in the Philippines. Offering to its consumers’ different coffees with unique flavors, tea and beverages, including food snacks and coffee accessories Starbucks has attracted consumers and turned them into loyal customers. (Starbucks Coffee Company, 2012)…

    • 1052 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Marketing Mix Mkt/421

    • 871 Words
    • 4 Pages

    References: * Kembell, B., Hawks, M., Kembell, S., Perry, L., & Olsen, L. (2002, April). Catching the Starbucks Fever. Retrieved March 23, 2007, from http://www.academicmind. com/ unpublishedpapers/business/marketing/2002-04-000aag-catching-the-starbucks-fever.html…

    • 871 Words
    • 4 Pages
    Better 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
  • Powerful Essays

    Starbuck's Strategy

    • 1931 Words
    • 8 Pages

    Ostdick, J. (2012). Rekindling the heart and soul of Starbucks. Success. Retrieved July 14, 2013…

    • 1931 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Starbucks is one of America 's true success stories and a wonder of today 's corporate world. A brand known throughout the world, Starbucks is a beacon for coffee lovers everywhere. The coffee house phenomenon that started as a dream to come up with the best coffees, best customer service and best coffee experience any coffee lover would appreciate. Starbucks started as a coffee roasting company with a single store in Seattle Washington, and has come to be one of the most successful companies in the world serving millions. Since its inception in 1971, Starbucks has been a model for what many aspire to but often come up short. The…

    • 925 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    This proposal will open your eyes to the limitless possibilities there are for Starbucks. It…

    • 2119 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Starbucks in Japan

    • 9290 Words
    • 38 Pages

    The Starbucks’ mission: « to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time »…

    • 9290 Words
    • 38 Pages
    Good Essays
  • Satisfactory Essays

    Starbucks’ overall corporate strategy could be criticize in the aspect of advertising their products. According to the article they do not invest a lot of money to advertise their company. They only use…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Brymer, G. (2008, August). The Vital Integrities Blog. Retrieved January 23, 2011, from AllSquare Blogspot: http://allsquareinc.blogspot.com/2008/08/then-and-now-starbucks-lives-its-values.html…

    • 1243 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Thirty years ago Starbucks was a single store in Seattle 's Pike Place Market selling premium roasted coffee. Today it is a global roaster and retailer of coffee with over 7,000 stores in U.S. and outside U.S. Starbucks Co. set out on its current course in the 1980s when the company 's director of marketing came back from a trip to Italy enchanted with the Italian coffeehouse experience. Schultz persuaded the company 's owner to experiment with the coffeehouse format-and the Starbucks ' experience was born. The basic strategy was to sell the company 's own premium roasted coffee, along with freshly brewed espresso-style coffee beverages, a variety of pastries, coffee accessories, teas, and other products, in a tastefully designed coffeehouse setting. The company also stressed providing superior customer service. Reasoning that motivated employees provide the best customer service, Starbucks ' executives devoted a lot of attention to employee hiring and training programs and progressive compensation policies that gave even part-time employees stock option grants and medical benefits. The formula met with spectacular success in the United States, where Starbucks went from obscurity to one of the best known brands in the country in a decade. (Hill, 2003)…

    • 2423 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Starbucks SWOT

    • 876 Words
    • 4 Pages

    Constantineau,B (2008) Starbucks launches campaign to reward faithful latte lovers in Vancouver [online]. Nexis UK. August 2008. Last accessed on 3rd April 2011 at: http://www.lexisnexis.com.lcproxy.shu.ac.uk…

    • 876 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Demographic Factors Research

    • 3690 Words
    • 15 Pages

    Hanft, Adam. (April 1, 2005). What you can learn from starbucks. Retrieved October 13, 2009…

    • 3690 Words
    • 15 Pages
    Powerful Essays