Sign In
Not register? Register Now!
You are here: HomeResearch PaperBusiness & Marketing
Pages:
3 pages/≈825 words
Sources:
4 Sources
Level:
Harvard
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 15.55
Topic:

It Was Analysis Of Starbuck Global Market Research Assignment (Research Paper Sample)

Instructions:

it was ANALYSIS of STARBUCK global market

source..
Content:

Starbucks
By Student’s Name
Code+ course name
Instructor’s Name
University Name
City, State
Date
QN1
In its efforts to enter the global market Starbucks encountered both the controllable and the uncontrollable elements. The controllable elements are those that the company can influence contrary, to the uncontrollable elements.
The controllable elements, in this case, identify the marketing strategy as follows. The company had control over the product. In its efforts to expand the company opted to provide eight dollar sandwiches and desserts. Also, in such case as Japan market the company offered its coffee in bootless and cans. The product offered in Asia differs from those offered in the USA regarding sweetness. Then there is the price; it could control price in different markets. It is evident in the case of US and Italy. In the US an espresso costs $1.50 while in Italy coffee costs 67cts. The choice here is Starbucks to set higher prices for its coffee or to lower as to be in a better position to compete. Another controllable factor is the place. It means that Starbucks have the power to decide the countries to introduce its products (Enz, 2010, p. 50). Italy being a new market Starbucks can choose to set its stores all over the country or just concentrate on either south or north Italy. Finally, there is the element of promotion. It is noted that Starbucks relies heavily on word of mouth and mystique subject to its brand name. As a result, the company spends $30 million in advertisement activities while companies its levels spend a hundred times that much.
A Reeses Frappuccino and ingredients; retrieved from/imgres?imgurl=https%3A%2F%2Fs-media-cache-ak0.pinimg.com%2F736x%2Fbe%2F68%2Fe6%2Fbe68e6c0b2226cca9c4fc5ce658f7d43.jpg&imgrefurl=https%3A%2F%2F%2Fexplore%2Fstarbucks-recipes%2F&docid=uMfgBQki_GysjM&tbnid=NlbMiequoQGwcM%3A&vet=1&w=598&h=591&itg=1&client=firefox-b&bih=638&biw=1366&ved=0ahUKEwiw_8rU2r_QAhVir1QKHfgdCmUQMwhbKDQwNA&iact=mrc&uact=8
On the contrary, there are the uncontrollable elements. The company has no control over the political forces. The analysis reveals that regulations characterize such countries as France. It includes the generous labor benefits that a company is required to offer its employees. There are also, the cultural forces. It is noted that coffee shops in Italy offer food alongside coffee. It is an area that Starbucks is identified to be facing significant challenges. Also, the company has I control over the level of technology. In the course of time Starbucks have implemented various technologies some of which has failed. Recently, it announced to adopt reliable WIFI in Europe and North America however; the company has no control...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • An Analysis of Some of the Key Forces Which Shape the HR Agenda
    Description: It Was A Research Paper Trying To Evaluate The Forces That Affect The Functioning Of Human Resource Departments...
    14 pages/≈3850 words| 13 Sources | Harvard | Business & Marketing | Research Paper |
  • Customer Perceived Value: The Smart Phone Industry
    Description: The above report has creatively evaluated the topic of value as it is perceived by the customers or clients who buy different goods and services from an organization....
    14 pages/≈3850 words| 22 Sources | Harvard | Business & Marketing | Research Paper |
  • Evaluate The Principles Of Marketing And Digital Marketing Of Aviva
    Description: Marketing strategy is used by the management in ensuring that there is increased competitive edge through a sustainable plan to reach out the targeted consumers....
    1 page/≈275 words| 17 Sources | Harvard | Business & Marketing | Research Paper |
Need a Custom Essay Written?
First time 15% Discount!