------------------------------------------------- Marketing plan Lee man wai chloe lee wai yan vivien lau siu yuen miya law tak lam Lee man wai chloe lee wai yan vivien lau siu yuen miya law tak lam 2015 Contents Introduction 3 Background 4 Starbucks in Global 4 Starbucks in Hong Kong 4 PESTEL Analysis 6 Political Factors 6 Economic Factors 6 Socio-cultural Factors 6 Technological Factors 7 Environmetal Factors 7 Legal Factors 7 Competitor Analysis 9 Competitive rivalry in industry 9 Starbucks vs McCafe
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controllable elements of Starbucks entering global market have to do with their overall marketing mix and consumers. Starbucks is able to make adjustments within each global segment to target each consumer that lives within that global area. They can change pricing, along with how they promote their products and where exactly they sell their products. The uncontrollable elements Starbucks have encountered can vary from unstable economies to other competition in surrounding areas. Starbucks said they had
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Globalization may be defined as the integration of the world's people, firms and government. In the modern context, globalization is usually the result of closer ties in international trade, known as bilateral trade agreements. The WTO and NAFTA are two examples of such bilateral trade agreements. With such agreements, cross-country investment increases. This increase in investment is aided by the increase in information technology and communications, which has undergone a significant advancement
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* Lesson * Exercise * Answer Marketing and Core Competences A core competence is the result of a specific unique set of skills or production techniques that deliver value to the customer. Such competences give an organization access to a wide variety of markets. Hamel and Prahalad (1990) refer to a number of organizations and their products to support their concept including NEC, Honda and Canon. Core competences are interesting from a traditional marketing point of view since it could be argued
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After reading the case on Starbucks, I came to the conclusion that there are two main advantages for choosing the licensing mode of entry. First, licensing will bring in more revenue with little money to start with, for a company with the technology resource at the tip of their hands it would be an overall good pick. The major advantages will help the company overall as they enter their brand into different parts of the world. Individually or locally licensing also fires up some of the government
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SUMMARY ABOUT STARBUCKS Starbucks Corporation is an international coffee and coffeehouse chain. Starbucks is the largest coffeehouse company in the world, with 16,120 stores in 49 countries. Starbucks sells drip brewed coffee, espresso-based hot drinks, other hot and cold drinks, snacks, and items such as mugs and coffee beans. Through the Starbucks Entertainment division and Hear Music brand, the company also markets books, music, and film. Many of the company's products are seasonal or specific
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1. COMPANY DESCRIPTION Starbucks is the largest coffeehouse company in the world. It was founded by three very unusual entrepreneurs, an English teacher Jerry Baldwin, History teacher Zev Siegel and a Writer Gordon Bawker. They came with this brilliant idea of getting into the coffee business inspired by an entrepreneur who sold high quality coffee beans and equipments, named Alfred Peet. The first Starbucks store was opened in Pike Market Place in Seattle on March 30, 1971. It is a for
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MBA 5035 Strategic Marketing Planning Critical Reflection #2 Topic: Starbucks Introducing Alcohol, Is A Critical Social Issue. Submitted To: Dr. Blake Escudier Date: May 24, 2015 Submitted By: Mehvish Imtiaz The critical reflection paper is based on Kotler, Chapter 22, and page 690, “Breakthrough Marketing: Starbucks”. It talks about all the milestones that Starbucks has come across since 1971 starting from Seattle and today having a global presence. The company started as selling the
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Question 1 Coffee shops believe that motivation and the benefits customers seek go hand in hand, so they want you to help them to better understand their customers’ motivations and to recommend some benefits that might be appreciated by their target audience(s). Various definitions of consumer behaviour have been put forward, among them an elaborate definition presented by Hoyer and Macinnis: “Consumer behaviour reflects the totality of consumers’ decisions with respect to the acquisition, consumption
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Starbucks 1. Internal strengths and weaknesses: One internal primary strength of Starbucks include having high visibility locations. Starbucks are located in almost every mall, near schools and office areas to attract customers. Sometimes, there are even multiple Starbucks branches in one area. Around DLSU-M, there are already three Starbucks. This 2013, they are even planning to expand more. Another internal strength of Starbucks include having an established logo and developed brand. Most people
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