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Jessica Fong Jungmin Yoo Becca Refvem. WHO LOVES IT?. You all do. Admit it. They are everywhere!. Starbucks currently has more than 12,000 stores, including 8,800 in the United States. The End of the Universe. Mission Statement. Decision Making Must Reflect These Values
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Jessica Fong Jungmin Yoo Becca Refvem
WHO LOVES IT? • You all do. Admit it.
They are everywhere! • Starbucks currently has more than 12,000 stores, including 8,800 in the United States.
Mission Statement Decision Making Must Reflect These Values • Respect and Dignity for Employees • Diversity • High Standards for Products and processes • Customer Satisfaction • Focus on Communities and Environment • Profits are Essential
Focus on Environment • Understanding of Environmental Issues • Developing innovative and flexible • solutions • Buy, sell and use environmentally friendly products • Fiscal Responsibility = Environmental • Future • Environmental Responsibility = Corporate Value • Measuring and monitoring our progress • for each project. • Share Our Mission
What’s the Plan? Guatemala Education Initiative
Strengths • Profitable corporation • Fortune 500 top 100 companies • Many Stores in convenient locations
Strengths • Global brand • Customer services: such as downloading music (iTunes, Wi-Fi, Music) • Cross-selling: music, accessories, mugs, tea (Tazo), food (pastries and sandwiches)
Weaknesses • Many branches (McDonaldization): contaminating its own brand images • Starbucks in the grocery stores (since 1998) • Reliance on US Market (about 85% of its revenue) • Drive-thru Windows
Opportunities • Strong brand image (Media) • Business alliance program with hotels, restaurants, grocery stores, etc.
Opportunities • Starbucks opens in library • Global expansion (in more than 35 countries) • General increase of coffee demand(ICO promotes coffee consumption)
Threats • Competitors: Dunkin, Nestle, Tim Hortons • Growth of local coffee shops • Increase of cost of coffee and dairy products
Threats • Some bad images: rumors
Threats • Consumer attitudes to diet and health(calories and caffeine)
Threats Calories of Starbucks Coffee
References http://www.starbucks.com http://media.www.dailylobo.com/media/storage/paper344/news/2005/08/24/News/Starbucks.Opens.In.Library-969351.shtml http://www.lisnews.com/pollBooth.pl?qid=51&aid=-1 http://marketingteacher.com/SWOT/starbucks_swot.htm http://www.boycottwatch.org/misc/starbucks2.htm http://www.hoovers.com/starbucks/--ID__15745--/free-co-factsheet.xhtml http://www.consumeraffairs.com/news04/2005/coffee_prices.html http://www.johnnyjet.com/images/picforwebsiteVANCOUVERAUG302002twoStarbucks.JPG www.gergltd.com/users/ isaac.gerg/starbucks/ http://www.ico.org/promoting_consumption.asp