Wednesday, May 15, 2019
Marketing Plan Starbucks Coffee Essay Example | Topics and Well Written Essays - 4000 words
Marketing Plan Starbucks Coffee - Essay physical exerciseStarbucks Coffee made a humble beginning in the year 1971 when it began selling bean and tasteful coffee in a small store in Seattle USA. Over the years the companionship has launch itself as one of the leading coffee stores of the world serving more than a million customers though a dedicated presence in over 50 nations spread across 17000 cities across the globe. The company is presently listed as a public steady and its assembly lines are being actively traded on the bourses of NASDAQ stock exchange in USA. The brand portfolio of the immobile includes Starbucks Coffee, Seattles Best Coffee, Tazo Tea, and Torrefazione Italia Coffee.The main aim of the firm to provide the best coffee to the customers using the best raw materials sourced ethically and processed at the firms own processing unit. The international expansion strategies include partnerships as well as licensing. The achievement of the firm could be analysed from the fact that it operates successfully in nations having diverse culture and traditions maintaining an extremely high choice standard. In spite of the large business presence the company maintains high ethical standards which is revealed from the fact that it has been rated as one of the most ethical companies of the world for the fourth consecutive time by the Ethisphere magazine. (Starbucks-a, 2011). Market depth psychology Internal Environment The analysis of congenital environment can be done by identifying the strengths, weakness, opportunities and threats set about by an organization. SWOT analysis is a useful tool that can help in analysing the internal environment of an organization. Strengths The biggest strength of Starbucks Corporation lies in its strong brand image which has created a strong post of the firm in the minds of the customer. Presence in large
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