1. Business
Model
Business Model of Starbuck is Business to Customers
(B2C). Starbucks started setting up outlets which were a combination of retail
coffee bean and an espreso coffee. Starbucks built a brand trough its employee
and each of its retail outlets were customers friendly and provide a high leve
of service. The store sold fresh-roasted, gourmet coffee beans and brewing, and
roasting accessoris. Fresh espreso beverages, cold blended beverages, a wide
range of whole bean coffees, food items that complemented coffee, and other
merchandise related to coffee were retailde trough these store. Starbucks is
getting bigger and expand the market, and Starbucks offered a varieties of
coffees, tea drinks, fruit smoothies, ice cream, and its own range of breakfast
snacks, plus franchised merchandise like T-shirts, book and music, its chief
revenue earner was the premium coffee.
2. B-web
Models
v Objective
Exchange information, goods, and services.
Starbucks sell varieties product but not only products
like beverages and foods also the services like wifi and free internet.
Starbuck aslo can be a place to exchange information or place to have meeting
between people.
v Characteristics
Targeted supplier selection, process optimization,
product integration, innovation, network optimization.
With suggestion provided by the customers, it could be
customized by adding more milk, more coffee, replacing milk with soy milk,
adjusting the intensity and the sweetness.
v Customer
Role
Buyer, supplier, and market participant.
Starbucks become the first consumer brand to have 10
million fans on facebook and was ranked no.1 in online engagement. Starbucks
continued to provide its unique experiences to customers even if they were away
from retal location, by remaining connected with them through the social media.
v Benefit
Comfortable products and services, creative and mutual
products and services, just in time delivery.
Starbucks is highly popular in the social media with million
of fans and there are more than 200 facebook pages. Starbucks engaged with
customers in multiple ways through social media. Through social media starbucks
reinforced and deepened its relationship with existing customers. Not only
that, as several users of social media are the younger age group. Starbucks are
a view in the future, they will become its loyal customers.
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