Starbucks Business Analysis

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Over the past few decades, Starbucks has become a household name. Headquartered in Seattle, Washington, Starbucks is one of most lucrative coffee chains in the world. As of 2015, the company has chains in 50 countries with more than 22,500 stores in operation (Starbucks Corporation, 2017). The 70 stores located in Australia are focal point stores, which focus/tailor to improving the marketing strategy, customer service, and testing of new products to differentiate the company from the competition. Coffee is their primary business, so obtaining high-quality coffee beans from the nations that produce this product is important. Not only does the company sell hot coffee beverages, but they also offer a variety of cold drinks. The menu consists …show more content…

To achieve the quest of improving the customer experience, they are providing the customers with extraordinary service, a friendly environment, and high-quality products. The customer’s experience with Starbucks has defined their visits with the saying, “one cup at a time, every day” to indulge their visits. This statement led the company to adopt their mission statement of, “To inspire and nurture the human spirit - one person, one cup and one neighborhood at a time” (Starbucks Corporation, …show more content…

They have corporate-owned locations and are widely known without utilizing advertising. The company refers to their employees as “partners” and speak to their employees as much as they do their customers. Since employees are shown appreciation through excellent benefits and career opportunities, they feel valued. When employees feel valued, it is more likely that they will provide excellent customer service. This is another characteristic that has an effect on customer loyalty. Customers feel welcomed and engaged by employees which causes them to be likely to return. How customers are treated often determines the success of a business. Quality products, an excellent customer experience and high employee relations has shaped this company into a fast growing, profitable business. With the development of the Starbucks mobile app, over thirteen million customers now place orders and pay with their smartphones and are rewarded for frequent purchases. Targeted emails to Starbucks Reward Members are customized to their drink preferences, cultivates long-term customer loyalty to the Starbucks brand and return

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