Starbucks has strong brand recognition globally and maintains high product quality standards across its supply chain network. However, its menu items are often perceived as expensive compared to competitors. Starbucks could expand to smaller cities and untapped emerging markets to take advantage of rising consumerism. However, it faces threats from substitute products and a potential decline in consumer spending during an economic downturn.
Starbucks has strong brand recognition globally and maintains high product quality standards across its supply chain network. However, its menu items are often perceived as expensive compared to competitors. Starbucks could expand to smaller cities and untapped emerging markets to take advantage of rising consumerism. However, it faces threats from substitute products and a potential decline in consumer spending during an economic downturn.
Starbucks has strong brand recognition globally and maintains high product quality standards across its supply chain network. However, its menu items are often perceived as expensive compared to competitors. Starbucks could expand to smaller cities and untapped emerging markets to take advantage of rising consumerism. However, it faces threats from substitute products and a potential decline in consumer spending during an economic downturn.
• Starbucks logo and name has high • High quality product service and
brand recall outstanding customer experience.
• Starbucks has extended globally in • The coffee shop is cery accessible most of the major markets and in Batangas City. has strong supply chain network • Perfect ambiance and place to STRENGTHS which enables them to get their own ingredients maintaining the • study especially for students The price is less cheaper than quality across the globe at the other stores like Starbucks.. highest standards
• Menu items at Starbucks are often • There are competitors that is
perceived to be expensive as known and patronized for a long compared to other chains and period of time. local players • Suppliers have several strategies WEAKNESS • Health conscious customers have and competencies that they use to started to move to more health compete against each other, with based beverages the aim of gaining more revenues by supplying more supplies, such as coffee beans, pastries, creams and etc. to Flat White. • Starbucks can tap the smaller • Flatwhite Café is focusing on towns/cities in newer markets increasinh the target Geographic • Rising consumerism in emerging Area markets can lead to spend in • Advertisement to Build Brand services like good quality coffee Awareness. • Home Delivery for lot of • OPPORTUNITIES Mobile Application & Home customers who didn't go to office Delivery Service. or outside • Innovation & New Techniques
• Global financial crisis which make • The high availability of substitutes
peoples tend not to spend too makes it easy for consumers to much money. buy these substitutes instead of • Threats of substitute products and Flat White products. For example, services include other drink items substitutes like ready-to-drink such as colas, teas or juices that beverages, instant beverage THREATS are sold in retails. powders and purees, and food and other beverages are readily available from various outlets, such as fast food and fine-dining restaurants, vending machines, supermarkets and grocery stores, and small convenience stores.
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