Categories: SWOT Analysis

SWOT Analysis of Starbucks

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p align&equals;"justify">Starbucks is the biggest coffeehouse multinational corporation in the world&comma; with over 17&comma;000 shops in 49 countries&period; The Company initially started selling roasted coffee as its main commodity&period; Currently&comma; it is a diversified company which deals in food and non-food items such as hot drinks and cold drinks&comma; coffee beans and Panini&comma; pastries&comma; salads&comma; hot and cold sandwiches&comma; snacks&comma; and various other items such as mugs and tumblers&period; Starbucks also deals in books&comma; film&comma; and music&period; Many of the company&&num;8217&semi;s brands are seasonal or specific to the locality of the store&period; The Company is famous for its rapid growth and expansion since its inception&period; SWOT analysis of star bucks corporation is given below&period; <&sol;p>&NewLine;<p align&equals;"justify">&&num;160&semi;<&sol;p>&NewLine;<h3>Strengths <&sol;h3>&NewLine;<p> &&num;160&semi;<&sol;p>&NewLine;<ol>&NewLine;<li>&NewLine;<div align&equals;"justify">Starbucks is the most diversified corporation by having different divisions such as entertainment music&comma; books&comma; film etc&period;&&num;160&semi; <&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">In May 2010&comma; Starbucks had signed an agreement with Southern Sun Hotels South Africa and a partnership with Algerian food company Cevital which helped the company to expand in African countries&period;<&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">Starbucks uses the community website to get feedback and suggestions from customers&period;<&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">Starbucks is the biggest coffeehouse company in the globe&comma; with more than 17&comma;000 stores in 49 countries&period;<&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">It has a strong brand name and is globally recognized&period;<&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">Best taste coffee products with highest quality and strong Brand Loyalty&period; <&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">It has strong financial position and innovative operations&period;<&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">Starbucks has widespread store network&period; Approximately&comma; 8500 outlets are owned by Starbucks directly&period;<&sol;div>&NewLine;<p> It also franchises and licenses 6500 Outlets&period;&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">Starbucks provide free Wi-Fi at most of its outlets in different countries which enhances its competitive position&period; <&sol;div>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p align&equals;"justify">&&num;160&semi;<&sol;p>&NewLine;<h3>Weaknesses<&sol;h3>&NewLine;<p> &&num;160&semi;<&sol;p>&NewLine;<ol>&NewLine;<li>&NewLine;<div align&equals;"justify">The Starbucks site in the ex-imperial fort in Beijing closed in July 2007&period; In 2007&comma; it also cancelled the strategy to expand into India&period;<&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">Starbucks discontinued its hot breakfast sandwich products due to operational inefficiency&period; <&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">In 2008-9&comma; Starbucks closed more than 1100 underperforming company-owned stores and also cut about 1&comma;000 non-retail jobs&period;<&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">Although Starbucks is a diversified company but it has more reliance on coffee and coffee related products&period; <&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">The company has higher downsizing rate and has controversies with employees and social groups&period; <&sol;div>&NewLine;<&sol;li>&NewLine;<li>&NewLine;<div align&equals;"justify">It has higher number of shutdown all over the world&period; <&sol;div>&NewLine;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p align&equals;"justify">&&num;160&semi;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<h3>Opportunities<&sol;h3>&NewLine;<p> &&num;160&semi;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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