목차 1.Business Overview
2.External Analysis A.Porters 5
Forces Model B.Macro Environment
3.Internal Analysis
A.Value
Chain B. BCG Matrix
4.Starbucks in the Beginning (before 1999 ~
2000)
5.Starbucks Nowadays (after
2000~)
6.Suggestion
본문 4.Starbucks in the Beginning (before
1999 ~ 2000)
At that time, all fields of coffee market, Market share was
about instant coffee 58%, coffee mix 24%, can coffee 13%, take-out coffee and
brewed coffee 5%. And many customers were accustomed to tastes of vending
machine coffee. So it was difficult to change their tastes. Those tastes
stated to change after appearance of American coffee. And in late 1990’s, as in
vogue of espresso Coffee market started to various. Because of changes in life
style, income level improvement and culture westernization, the number of people
enjoying espresso was increasing. Starbucks forecasted that increasing demand
of luxurious coffee. Especially, Brand loyalty was important to Korean so
Starbucks’ strong brand power is advantage to sale coffee in Korea market.
Industry Life Cycle In 1990’s the position of Industry
life cycle is embryonic step. Embryonic step is new products release, high
investment. Starbucks invested R&D and development various coffee. So this
was attractive to people. Starbucks targeted most of women in twenties and
thirties.
Business Level Strategy – Value Creation
Frontier In the beginning of Starbucks in Korea Starbucks is differentiation
strategy so located that as you can see left graph. Starbucks Korea found
Korean customer’s preferences that drinking coffee at café in long
time. So they made stores bigger than other coffee
shops.
The early success in Korean market 5
years have been past since Starbucks entered Korea market. Turnover had been
increased from 6billion to 550billion by last year. In 2008, Coffee sold
about 1345 hundred billion. And Starbucks have increased store over
50.
Business Level Strategy
Existing Starbucks doggedly keep high quality of coffee. So they make an
invest getting high quality coffee beans. They are definitely not Cost
Leadership. And Starbucks targets not entire people but 20;s and 30’s women
specially upper classes people. That is Market Segmentation is not high and they
are not differentiation. Their business level strategy is focus. But Starbucks
construct their own loyalty and various coffees. In that, their business level
strategy is exactly focused differentiation.
본문내용 spirit. The
Vision of Starbucks To establish Starbucks as the premier purveyor of the
finest coffee in the world. The goal of Starbucks To establish Starbucks
as the most recognized and respected brand in the world. Evaluation
Starbucks is a famous coffee company. The number of stores is the first in
the United States and the sixth in Korea. There are 317 stores in Korea.
However, characteristic |
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