Define a plan to add more value to starbucks company? make a case study to this company to make benefits tocustomers, organization, and sponsors? 5 pages usereferences

Sta
ucks – Overview
Sta
ucks Corporation is one of the leading handcrafted coffee and tea company which
oasts, markets and owns coffee retail operations in more than 60 countries across the globe.
Incorporated in 1985, the Company operates in four segments namely: America, Europe,
EMEA (Middle East and Africa) and CAP (China/Asia Pacific).
Besides the flagship
and, its portfolio also includes leading
ands such as Seattle’s Best
Coffee, Tazo Tea, Sta
ucks Refreshers beverages, La Boulange bakery
and, Sta
ucks
VIA Ready Brew and the Verismo System by Sta
ucks. Sta
ucks through its own and
licensed stores sells a range of products that includes decaffeinated coffee beverages, iced
shaken refreshment beverages, Italian-style espresso beverages, whole bean and ground
coffees, variety of other coffees, juices, bottled water and fresh food items. One of the several
easons that has marked the success of Sta
ucks is the projection of the
and as a distinct
venue for socialization between home and work.
Since recession, global beverage industry has growth at much smaller pace, and people have
increasingly become much cautious while spending on premium foods and beverages.
Sta
ucks is regarded as a premium coffee chain, that provides a unique experience to its
customers. Though Sta
ucks have been very successful over the last decade, it might face
difficulties in growing at the similar pace in the years to come. In order to continue its growth
trajectory upwards, Sta
ucks has to expand its operations beyond international boundaries
and increase its product portfolio. Following strategic initiative could possibly help Sta
ucks
in gaining market share, besides increase in its top and bottom line growth:
 Geographic Expansion
 Increase product portfolio
 Reward program to counter the segmentation approach used by its peers
 Focused marketing and promotional activities
 Continuous product improvement
Geographic Expansion
As of September 2012, Sta
ucks operated ~18,066 stores globally, which included both
Company-operated stores and licensed stores. Sta
ucks has more than 70% of its stores
located in the United States of America with majority of them being the Company-operated
stores. This clearly shows that Sta
ucks has larger exposure to the US market. However
continuous expansion in United States will lead to the cannibalization of existing locations,
thus resulting in lower same store sales. Thus it is very much important that Sta
ucks should
focus on expanding into international locations which have predominantly large number of
coffee drinking population, along with higher disposable income (because Sta
ucks
commands premium for its coffee). Very recently, Sta
ucks has launched its outlets in India
and Japan. Such international expansion could definitely helps Sta
ucks in gaining access to
the global market share.
Increase Product Portfolio
Though Sta
ucks started initially as a coffee...