Starbucks Case Study
University Anglia University
Thursday 10th February 2011
The Starbucks success story is attributed to the exceptional quality of its brewed coffee, fast intensification of new depots across the globe and first-rate service offered to clientele at the stores. These aspects not simply have bettered the product sales but also mounted on the company’s status amongst the lovers of coffee. Starbucks coporation faces aggressive competition in all spheres of its business operation. Ideally, the market segments for most products offered at Starbucks are marked by spirited competition among main companies with well established stores and an uncountable numbers of new emerging firms. Nonetheless, Starbucks has a sound financial base with excellent strategies to shun competitors in the coffee market. Starbucks too through its high technology has the potential to mount on new products like VIA which can maximally wage the coffee market. Starbucks makes one of the finest marketing corporations around, based on its market strategy that is customer based. Knowing how to vend the romance line of coffee product and premium merchandising makes Starbuck a main player in coffee novelty and a big competitor in the coffee market. No doubt, Starbucks management team has the capability to maintain the competitive edge in the instant coffee market through innovations of mega brands that gives customers some more coffee touch.
Starbucks Company deals in the roasting, buying and selling of bean coffees globally. The corporation offers cold blended beverages, Italian-style espresso, brewed coffees beverages, various food items, coffee-affiliated equipments and accessories, a range of first-class teas and compact discs, at its retail depots (Harris, 2010,para.4). Through the company’s music brand and entertainment division the Starbucks also sells...