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STARBUCKS: Increase Shareholder Value

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Presentation on theme: "STARBUCKS: Increase Shareholder Value"— Presentation transcript:

1 STARBUCKS: Increase Shareholder Value
Transforming the Starbucks Experience BY: Jessica Settle

2 The Company Starbucks purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related accessories and equipment -- primarily through its company-operated retail stores.

3 The Company's objective is to establish Starbucks as the most recognized and respected brand in the world. continue to rapidly expand its retail operations grow its specialty sales and other operations selectively pursue opportunities to leverage the Starbucks brand through the introduction of new products and the development of new distribution channels

4 Is Starbucks losing steam? Investors are worried…

5 Starbucks Announces Strategic Initiatives to Increase Shareholder Value; Chairman Howard Schultz Returns as CEO UNCLE HOWIE

6 The Campaign: Transforming Starbucks for the Future
Introducing new products, revitalizing old ones

7 Campaign GOAL To increase shareholder value by refocusing the Company on providing customers with the distinctive Starbucks Experience

8 Objectives To improve the current state of the U.S. business
To re-ignite the Starbucks experience through driving improvement and change in all areas that “touch the customer” To build for the long term a) to realign our organization and streamline the management of the organization to support customer focused initiatives b) to accelerate our International success story and growth even further

9 Revitalizing old products by introducing new ones
Revitalizing old brands Introducing new products when there is no advertising news Making packaging news when there is no product news Create marketplace excitement Bringing a brand to life

10 Strategies & Tactics Media campaign
Face-to-Face interactions with consumers AD/Internet campaign =MPR campaign

11 TACTICS New products and store design elements
New training tools for partners (employees) Slowing Company’s pace of US stores Renew focus on store-level unit Re-igniting emotional attachment (Our Promise) Billboards and Radio advertisements Blogging for customers & partners

12 MPR Tactics Created leadership team New training tools
Slowing the Company’s pace of store growth Renovating customer relationships

13 Lessons Learned Involve the customer with the product
Think BIG, think Globally Always keep the message simple Keep product top of mind Make it an on-going story Generate word-of-mouth Add a cause related element to campaign Create an incentive program and offer product as rewards Giving your customers a ‘test-drive’ is always worthwhile

14 VERY INNOVATIVE, CONSISTENT AND WILL BE VERY SUCCESSFUL!
Evaluation VERY INNOVATIVE, CONSISTENT AND WILL BE VERY SUCCESSFUL!


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