SWOT ANALYSIS OF STARBUCKS COFFEE COMANY
SWOT ANALYSIS
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Strength:
1.
The
Starbucks brand
2.
Chain coffee company
3.
Excellent product quality
4.
Social responsibility
5.
Varieties of menus and Beverages
6.
Internet services
7.
Diversification
8.
Excellent hospitality atmosphere
9.
Employment/Employees:
·
Expertise
·
Well employee treatment
·
People of color (anti racist)
·
Training and motivation
10.
Efficiency (answerable)
11.
Reinvestment strategy(shown from expansion)
12.
Well planned growth strategy
13. Excellent
government policy
14. High
customer involvement
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Opportunities:
1.
New marketing opportunities in other parts of
the world e.g. Some parts of Asia and central
Europe
2.
New generation will be accustomed to coffee
drinking
3.
Co-branding (joint venture)
4.
The rising affluent class
5.
Favorable government policies
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Weakness:
1.
High expense on rental/ leasing
2.
High competition
3.
Coffee
only market
4.
Lack of unique product
5.
High
price
6.
Low affluent classes
7.
Specific market (numerous competitors in the
same market)
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Threats:
1.
Fear of market saturation
2.
Competitors- provide same quality of coffee @ low price
3.
The rising diary and coffee prices
4.
McDonald's and Dunkins’ Donuts
5.
Large population of low income earners
6.
Economic recession
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