Starbucks Analysis (Swot, Strategies and Core Competencies)
Starbucks Analysis (Swot, Strategies and Core Competencies)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 would recognize the Starbucks logo without needing the word Starbucks attached to it or some could already visualize their logo by just hearing or reading the word Starbucks. In addition to this, they already have cultivated their copyrights, trademarks, website and patents. Moreover, they have a good working environment with their valued and motivated employees as another strength. My friend who used to work as a barista in Starbucks had a pleasant experience as their employee. One can tell that Starbucks employees are very upbeat as soon as one enters their coffee shop. Furthermore, another internal strength of Starbucks is that their customers are very loyal to them. I am a very loyal consumer to them. Amongst all the coffee shops, I prefer Starbucks because they serve excellent sandwiches and pastries plus their ambience is good for studying. Their products are consistently delicious and innovative. Also, according to my research, they have good relationships with their suppliers. And last but not the least, one of the internal primary strengths of Starbucks is that they are the industry market leader
with a globally renowned brand. Starbucks has a very aggressive strategy: “Starbucks on every corner” which has allowed them to dominate the market.
On the other hand, Starbucks has internal weaknesses too. First, there is an ever increasing number of competitors in a growing market. There is Coffee Bean and Tea Leaf, their main competitor,...