Starbuck Coffee Corporation Stands Alone - 1233 Words

There are many companies in the coffee industry, but there is nothing like Starbucks. Starbucks Corporation is an international company of coffee founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker. Starbucks has taken a coffee bean and turned it into beverages that people around the world crave. They are the leading competitor in the coffee industry, and our well known for their quality and customer service. Starbucks has changed the world with their products, their pricing, their customer service, and their expansion around the world. Starbucks started in 1971 when the first store was open in Seattle’s Pike Place Market. The three friends, Jerry Baldwin, Zev Siegl and Gordon Bowker got the idea from Alfred Peet, the man who started Peet’s Coffee. They were inspired by his success and wanted to start their own. The store originally just sold coffee beans and coffee equipment. In 1982 a man named Howard Schultz was hired as the director of retail operations and marketing. Schultz then traveled to Italy and saw the popularity of espresso bars in Milan and decides that the store should be selling drinks and not just beans and equipment. He then convinces the founder to test the coffee house concept and in 1984 the first Starbucks Latte was served. Howard then decides to start his own company called II Giornale selling brewed coffee and espressos made from Starbucks coffee beans in 1986. Then in 1987 the owners sell Starbucks to Howard andShow MoreRelatedA Symbol Analysis of Starbucks1728 Words   |  7 Pagescorporate world than one that evokes cravings. The logo for the coffee corporation, Starbucks, is ideal to this standard, no longer standing as a symbol but an icon. Over the companies 41 years history it has changed significantly. The once small-business coffee brewery has expanded itself internationally, deeming itself to the world as the definition of what coffee is. Looking over its history one can see the strategic steps the corporation has taken to develop its logo into a distinct identifier suitedRead MoreGeneral Information / History : Starbucks1062 Words   |  5 PagesInformation/History Starbucks Corporation is a specialty coffee retailer, roaster and marketer internationally. Jerry Baldwin, Zev Siegl and Gordon Bowker established the first stand-alone Starbucks coffeehouse was opened in Seattle, Washington in 1971. In 1987, the original founders sold the company to the present CEO Howard Schultz for $7 million (â€Å"Starbucks Corporation†). 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ThereRead MoreStarbucks : A Popular Coffee Essay2342 Words   |  10 PagesStarbucks is a popular coffee house chain with numerous establishments across the globe. The company is renowned for the production of excellent coffee like espresso. Starbucks’ strong brand coupled with experience in the coffee business has helped it to exploit the global market. Starbucks faces stiff competition from McDonald’s and Dunkin’ Donuts. Besides, overreliance on the American market puts the company’s busine ss at risk. The company is yet to exploit the European and African markets fullyRead MoreStarbucks Corporation, An American Company1910 Words   |  8 PagesAbstract The Starbucks Corporation, an American company founded in 1971 in Seattle, WA, has had a substantial impact on the way Americans socialize, relax and even meet to conduct business. Starbucks is a premier roaster, marketer and retailer of specialty coffee around the world. With an annual growth consistently topping 20%, it is obvious that the company is doing something right. Today, the Starbucks Corporation employs over 182,000 individuals in 19,767 company operated stores that are spreadRead MoreStarbuckss The Coffee Market1837 Words   |  8 PagesStarbucks entered the coffee market in 1971 opening their first retail store in Seattle’s Pike Place Market as a roaster of ground coffee, tea, whole beans, and spices. In 1982, Howard Schultz was appointed operation and marketing retail director. After visiting Italy in 1983, Schultz fascination with Italian coffee bars inspired him to bring a similar type of coffeehouses to the Seattle area. Schultz idea was to offer a plac e where customers can relax, enjoy coffee, and engage in conversationsRead MoreStarbucks Marketing Mix1198 Words   |  5 PagesStarbucks Marketing Mix ï ¿ ½ PAGE * MERGEFORMAT ï ¿ ½1ï ¿ ½ Starbucks Marketing Mix Successful organizations understand the importance of a strong marketing strategy to satisfy customers and sustain growth. Making the right decisions depends on several variables. The purpose of this paper is to describe the four elements of marketing mix and share how Starbucks has implemented an effective and powerful marketing strategy to become the world s largest coffeehouse chain. MARKETING MIX DEFINED A marketing