Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington.
Stock price: SBUX (NASDAQ)US$ 79.50-1.05 (-1.30%)
4 Dec 4:00 pm EST - Disclaimer
Founded: March 30, 1971, Pike Place Market, Seattle, Washington, United States
Headquarters: Seattle, WA, United States of America
CEO: Howard Schultz
Founders: Gordon Bowker, Jerry Baldwin, Zev Siegl
3. INTRODUCTION
Type
Public Company
Industry
Restaurants
Retail coffee and tea
Retail beverages
Entertainment
Founded
Pike Place Market in Seattle, Washington
Founder(s)
Jerry Baldwin, Gordon Bowker, Zev Seigl
Headquarters
Seattle, Washington, U.S
No. Of Locations
20,891 in 62 Countries
Key People
Howard Schultz (Chairman, President & CEO)
5. 70’s
• 1971- Opens
first store in
Seattle’s Pike
Place Market.
80’s
90’s
• 1982- Howard Schultz joins
Starbucks as director of retail
operations and marketing.
• 1987- Sold to Howard Schultz,
Rebranded Il Giornale Coffee
Outlets as Starbucks
• 1989- Expanded to 55 Stores
across the Northwest and
Midwest
• 1995- Beginning of the
Frappes- total stores 677
• 1997- Establishes
Starbucks Foundation
• 1998- Tazo tea company is
aquired
• 1998- Launches
Starbucks.com
• 1999- China, Kuwait,
Lebanon and South Korea
6. 2000’s
Present Day
2000- Howard Schultz transitions
to chairman and chief global
strategist
2010- Expands digital
offerings for customers with
free unlimited Wi‐Fi,
Starbucks Digital Network in
U.S. stores
2001- Introduces the Starbucks
Card, an innovative stored‐value
card for customers to use and
reload.
2002- Starts selling Fair trade
certified coffee in the countries
where Starbucks does business.
2002- Establishes Starbucks
Coffee Trading Company (SCTC)
2000’s cont.
2003- Seattle’s Best Coffee and
Torrefazione Italia coffee brands
are aquired
16,858 Stores
2012- Becomes the world’s
largest buyer of Fair Trade
coffee
7. Logo
Original brown logo,
used from 1971–1987.
Green logo used from 1992–2011,
still being used as a secondary logo.
Redesigned logo used
from 2011–present.
8. Mission Statement
To inspire and nurture the human spirit –
one person, one cup and one neighbourhood at a time
Environmental Mission Statement: Starbucks is committed to a
role of environmental leadership in all facets of our business.
9. PRINCIPLES
Coffee: Apply highest standards of excellence in purchasing, roasting
and fresh delivery of coffee
Partners: Provide a great work experience and treat each other with
respect and dignity
Customers: Develop enthusiastically satisfied customers all the time
Neighbourhood: Positive contribution to communities and environment
10. Corporate Strategy
Maximise market penetration
Provide a relaxing, attractive social atmosphere
Offer high quality products
Create a great working environment
Achieve Profitability
15. SWOT Analysis
•
•
•
•
•
Strengths:
biggest and best in the
business
Focuses on consistency
in delivering positive
consumer experience
Engaging in smart joint
ventures with the right
companies
Spends less than 1% of
its annual revenues on
advertising
Quality
•
•
•
•
•
•
•
Weakness:
Entire business rests on the
coffee industry
High price
Opportunities:
New Market Opportunities
Internationally
New Products
Form partnerships with other
coffee companies
Threats:
The threat from new entry
Smaller coffee housesPrivately owned.
16. Reasons Why Starbucks Still Shines
A Place For Everyone
Ambiance
According to Forbes
Consistently Convenient
Starbucks can churn through 220 customers/hour*
"From the moment a customer walks through the door, we want to get them through in
3 minutes," a longtime Starbucks manager tells us. "Or 3-5 minutes if it's busy.“
Employees know the difference between a cappuccino and a latte
Never serves coffee that has been sitting for longer than 30 minutes
Baristas undergo over 30 hours of training on everything from Frappuccino technique to
the origins of coffee beans
Swiss-made Mastrena, designed to make "the highest-quality, consistent shot of
espresso that will be second to none“
Baristas who work at least 20 hours/week are eligible for health insurance.
Customers can pay with their iPhone and Blackberrys
Starbucks provides free WiFi, and there's no restriction on laptop use
17. www.Starbucks.in
January 2011, 50:50 joint venture with Tata Coffee
19th, October 2012- Opens first store in India in Mumbai
Presently, 15 outlets in India – 7 in Delhi, 8 in Mumbai
International Products + Indian style product offerings such as Tandoori Paneer Roll,
Elaichi Mawa Croissant, Murg Tikka Panini and Chai Tea Latte to suit Indian customers
Competitors in India Include: Café Coffee Day, Barista and Costa Coffee
20. Corporate Social Responsibility
1. Commitment to Environment
Building greener Stores
Recycling and Reducing waste
Cups and Materials
Climate Change
2. Commitment to Communities through Star Bucks Foundation
Community Service
Youth Leadership
Farming Communities
Access to Get Clean Water
Fostering Education in China