Friday, April 26, 2019
Project (Starbucks corporation) final Assignment
get word (Starbucks corporation) final - Assignment ExampleFrom the year 1971 to 1976, Starbucks was at Western Avenue. After the fraternity moved to 1912 information superhighway Place there has been no relocations. The company used to sell roasted Coffee. In the initial years the company was not selling any brew drinking chocolate. During the mid 1980s the company cashed in the opportunity to purchase Peets. However, during this time the company sales begun to fall. At that point of time, Starbucks was bought by Howard Schultz who had the vision of qualification Starbucks a real globose brand. Howard Schultz decided to rebrand Giornale umber berry chains as Starbucks. Since then there has been no turning for the company. Today the company has become the largest coffeehouse in the world. The company has 20, 891 stores on a global basis in over sixty countries. This includes over ten 1000 stores in USA, over thousand stores in Canada, and over five hundred stores in UK, Jap an, China, Mexico, turkey, Thailand, Germany and India. As on 2012 the total revenue of the company was US$13.29 billion (Keller, 2012). II. Significance and Objective of the Project Research objective One of the major reasons for winner of the company has been the branding and marketing dodging of the company. Unlike some of the other major firms Starbucks does not send heavily in advertising and hence the marketing and branding strategy of the company is unique. The objective of the film To critically analyze the key brand elements of the company To analyze the overall brand management strategy of the company To provide some recommendation that would help the company in gaining competitive advantage over the competitors. Management problems Starbucks Corporation is a US based global coffeehouse chain headquartered in Washington. It is the largest coffee house organization around the globe. The organization is operating in 62 countries with its 20,891 outlets. Unique organizatio nal look on helped Starbucks to increase their core competencies. Earlier the organizations value was to provide high quality coffee to its customers. Moreover, they committed to provide effective customer service and a good coffee experience to its customers. When Mr. Schultz became the chief executive officer of Starbucks they drifted away from the original organizational value. Lack of effective customer service is affecting the brand reach of Starbucks in global market (Roger, 2010). Inadequate pricing strategy is reducing the customer preference. Due to move economic, political and weather condition in several countries, people be trying to reduce the coffee consumption from Starbucks. Moreover, it has been identified that in some place the quality of Starbucks coffee is decreasing. The management of Starbucks is worried more or less it. It is important for the organization to provide high quality coffee in order to maintain the leash position within the competitive glob al market place. The organization is lacking effective customer relationship. several(prenominal) labor issues and internal organizational conflicts are reducing the motivation and self confidence level of customers. These issues are decreasing effective customer service activities. Marketing Research problems Starbucks
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.