Mid Term report on Starbucks’ SWOT analysis Group number : Jason, Sherry, Carol, Ashley, Jessie Outline 1. Introduction • Slogan • Brand resource 2. 4P • Product • Place • Promotion • Price 3. Starbucks’ service 4. Analyze S.W.O.T. • Strength • Weakness • Opportunity • Threaten 5. Conclusion Origin of Starbucks The First shop: Pike Place Market in Seattle. Time: 1971 http://tw.image.search.yahoo.com/images/view?back=http%3A%2F%2Ftw.image.search Howard Schultz • Starts to sale beverages, food and in 1987. • Over 8000 stores in the world in 2011. http://tw.image.search.yahoo.com/search/images Slogan • More than Just Coffee. • The Third Place. Products Drinks Food Starbucks Cards Drinklware Espresso Coffee a. Café Latte b. Vanilla/hazelnut latte c. Café Mocha d. Caramel Macchiato e. Cappuccino f. Café Americano Starbucks on Ice • • • • Iced Caffé Latte Iced vanilla/hazelnut latte Iced Caramel Macchiatto Iced Caffé Mocha Brewed coffee • • • • Coffee of the Day Vanilla Caffé Misto Iced Coffee (for seasons) Iced Vanilla Caffé Misto (for seasons) Starbucks Tea • Oriental Beauty Tea • Bi Luo Chun • Jinxuan Oolong Tea Coffee Alternatives • Rose Fancy Tea Latte • Tazo Tea • Rose Fancy Tea Latte • Iced Tazo Tea • Signature Hot Chocolate • Green Tea Latte • Signature Iced chocolate Frappuccino • • • • • • Coffee Frappuccino® Blended Coffee Mocha Frappuccino® Blended Coffee Espresso Frappuccino® Blended Coffee Caramel Frappuccino® Blended Coffee Java Chip Frappuccino® Blended Coffee Caramel Java Chip Frappuccino® Blended Coffee Food • Bakery • Sandwich • Salad Starbucks Card • To pay easily • A nice present • Deserving to be collected Coffee machine and others • • • • • Espresso machine Solo Filter Electrical Mocha Maker Coffee Mill Grinder Place • Establishing on the corner Promotion • http://link.brightcove.com/services/player/b cpid605122090001?bclid=69777476001& bctid=676289471001 Sartbucks - Service • “Partners” -Stay as long as you want -As friends • “Shared Planet” -Serving ethically sourced coffee -Caring for the environment -Giving back to the communities Strength • Oversea markets • The variety of products • Good brand image • High standard of product quality Weakness • Expensive • Consumer group is restricted Opportunity • • • • Entry into Asian market Product diversification Market penetration Co-branding with other food manufactures. Threats • Numbers of competitors are increasing • Variation in coffee prices • People started to become more health conscious • Competitors are trying to imitating Conclusion Even though Starbucks is a very successful company, it still have potential on reinforce it’s strength and make some improvement on it’s weakness. How to reinforce Starbucks’s Strength? • Continue to make more expansion • Establish positive image Especially, good repetition is necessary • Build up loyal customers • Keep its good quality How to solve Starbuck’s weakness? • Adjust Starbuck’s products price • Offer special discount on certain festival • Invite more inventors to join them REFERENCES • http://www.starbucks.com.tw/home/index.j spx • http://www.starbucks.com/