Tuesday, December 31, 2019

Starbucks in Japan - 9274 Words

STARBUCK in JAPAN [pic] PLAN - Introduction + Video - Presentation de la Team + Nos objectives - Concept STARBUCKS - Timeline (general + Japon) - PESTEL - Hofstede –Monochronic –comparaison Jap/USA - How STARBUCKS enterred in Japan ? Strategy Joint Venture. - Export/ Supply Process (Map) - 5porter’s Forces - Brand Pyramid - SWOT - Competition + Mapping - Marketing MIX (Product/Price/ Promotion/ Place) - Recommendations - Conclusions - Introduction + Video o http://www.youtube.com/watch?v=S16gbq-tZCI o http://www.youtube.com/watch?v=R8rp9OGLrrc - Concept STARBUCKS (flo) The†¦show more content†¦It had a positive account balance of $166.5 billion the same year. But, the Japanese economy was disrupted in March 2011 due to the earthquake and the effect of the tsunami. 2012 GDP growth is expected to be at 2.9% according to the OECD. - The GDP per capita in 2011 was at $34,000 (PPP, ranked 38th); - The unemployment rate was at 4.7% in 2011; - The inflation was at 0,3% in 2011; The GDP by sector is the following: - Agriculture : 1,5% - Industry: 22,8% - Services: 75,7% The main industries are motor vehicles, industrial and transportation equipment, electronics, chemicals, steel, machine tools, processed foods, non-ferrous metals In recent years, there is a deflationary spiral that tends to make wait consumers to have lower prices. Furthermore, Japan must cope with a huge public debt which account for 200% of the GDP in 2010. In 2010, Japan was ranked 15th of 183 countries in the Ease of Doing Business list (WorldBank). The economic organization is mainly characterized by: - Strong links between industry, contractors and distributors. Exchange rates and stability of the host country: The yen is the official currency of Japan and is denoted by JPY. It is the third most-traded currency in the foreign exchange market after the Euro and the US dollar. 3.Show MoreRelatedStarbucks in Japan1077 Words   |  5 PagesExecutive Summary Thirty years ago, Starbucks was a single store in Seattle’s Pike Place Market selling premium-roasted coffee. Today it is a global roaster and retailer of coffee with some 17,000 stores, 40% of which are in 50 countries outside the United States. In 1995, with 700 stores across the US, Starbucks began exploring foreign opportunities. The first target market was Japan. The potential for coffee sales in Japan is significant. The Japanese economy is the third to the United StatesRead MoreStarbucks in Japan1105 Words   |  5 Pages13716002514600Case Study – Starbucks in Japan 00Case Study – Starbucks in Japan 2775585164592000 Executive Summary Thirty years ago, Starbucks was a single store in Seattle’s Pike Place Market selling premium-roasted coffee. Today it is a global roaster and retailer of coffee with some 17,000 stores, 40% of which are in 50 countries outside the United States. In 1995, with 700 stores across the US, Starbucks began exploring foreign opportunities. The first target market was Japan. The potential for coffeeRead MoreStarbucks-Going Global Fast1353 Words   |  6 PagesCASE: Starbucks- Going Global Fast Summery Starbucks is one of the largest chains of coffee shops in the world. They started their business in the early 80s as a tiny chain of Seattle coffee shops, grew rapidly in the 90s and now own 5,689 coffee shops in 28 countries. This chain of coffee shops is very well managed by a well seasoned management team popularly known as H2O, because of Howard Schultz (Chairman and Chief Global Strategist), Howard Behar ( Head of North American Operations)Read MoreCase 1-1 Starbucks1026 Words   |  5 PagesCase Study 1-1 Starbucks 1) Identify the controllable and uncontrollable elements that Starbucks has encountered in entering global markets. As Starbucks enters the international market will have to deal with the experience the going pains and tensions of entering an unknown territory where the public atmosphere is going to be different. First, some of the controllable elements that Starbucks deals with are the 4p’s (Price, Place, Promotion, and Product). Starbucks ultimately has controlRead MoreStarbucks and Cultural Distance896 Words   |  4 Pagesexpansion of Starbucks. Maarten de Graaf, s1861263 Tom Breteler, s2022117 Group 12 13-10-2010 Introduction to International Business Ms. Wilhelm 1. What are the four dimensions of ‘distance’ in Starbuck’s international expansion? The four dimensions are culture, administrative, geographic and economic distance. 2. How did Starbucks reduce the ‘distance’ vis à   vis host countries? Starbucks used many tactics to reduce its distance from foreign markets. Firstly, Starbucks conducted extensiveRead MoreStarbucks s Marketing Strategy For Starbucks860 Words   |  4 PagesThis particular case starts off by telling the background of Starbucks as it is today. 30 years ago, Starbucks was a single store in Seattle s Pike Place Market selling premium roasted coffee. They decided to change their traditional customer experience in the 1980s. When the company s director of marketing, Howard Schultz, came back from Italy, he felt enchanted with the coffee house experience of Italy. Mr. Schultz wanted to duplicate this experience in his own coffee stores.   The new strategyRead MoreStarbucks, An American Multinational Corporation Global Vision1661 Words   |  7 Pagesabout the country by being familiar of the cultural differences, make specific modifications to their marketing mix (i.e. 4 P’s – product, price, promotion, place). This report will analyse th e case of Starbucks, an American multinational corporation global vision expanding into ventures in Japan and Australia, what were the positive and negative implications of entering these markets and what potential solutions they can implement in order to achieve a competitive edge. Most companies that pursueRead MoreStarbucks Case Study1640 Words   |  7 Pages#1) Identify the controllable and uncontrollable elements that Starbucks has encountered in entering global markets: The controllable factors that Starbucks has encountered entering the global market are similar to those in their domestic market. These factors include product, price, place and promotion. The Starbuck s name and image connect with millions of consumers around the globe. Internally, Starbuck s is able to make adjustments to fit a county s cultural tastes and expectations regardingRead MoreEssay on Starbucks Case - Going Global Fast1029 Words   |  5 PagesQuestion 1: Identify the controllable and uncontrollable elements that Starbucks has encountered in entering the global market. The case discusses multiple international markets that Starbucks had entered. Japan, France, Italy, Austria, and the Middle East were mentioned. Starting with the Japanese market, the elements that faced Starbucks there were uncontrollable. The first element was the fierce competition in the Japanese market that already existed, and the fact that Japan’s economy hadRead MoreStarbucks and Cultural Distance885 Words   |  4 Pagesinternational expansion of Starbucks. Maarten de Graaf, s1861263 Tom Breteler, s2022117 Group 12 13-10-2010 Introduction to International Business Ms. Wilhelm 1. What are the four dimensions of ‘distance’ in Starbuck’s international expansion? The four dimensions are culture, administrative, geographic and economic distance. 2. How did Starbucks reduce the ‘distance’ vis à   vis host countries? Starbucks used many tactics to reduce its distance from foreign markets. Firstly, Starbucks conducted extensive

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.