BMK355

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Wilmington University *

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Marketing

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Feb 20, 2024

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docx

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1 Starbucks Business and Brand Strategy Starbucks Business and Brand Strategy Kathryn Brooke Jones https://www.linkedin.com/in/kathryn-brooke-jones/ Internet Marketing Professor Barbara Turner 12 March 2023 by Unknown Author is licensed under
2 Starbucks Business and Brand Strategy Table Of Contents Introduction…………………………………………………………………………………….3 Starbucks’ Stock Performance………………………………………………………………….3 Company Mission Statement…………………………………………………………………..4 Company Product Lines/Brand………………………………………………………………..4 Market Share & Target Audience……………………………………………………………4-5 Ecommerce & Digital Marketing Campaign…………………………………………………5-6 Conclusion……………………………………………………………………………………..6 References………………………………………………………………………………………7
3 Starbucks Business and Brand Strategy Introduction Starbucks’ was founded in 1971 in Pike Place Market located in Seattle, WA. The company started as a store that offered fresh coffee beans from across the world. They are in the industry of food and beverages. They serve more than 32,000 stores in 80 different countries. Starbucks’ headquarters is in Seattle, WA. There current head of marketing is Brady Brewer who has worked in there marketing department since 2001. There current CEO is Howard Schultz who joined the team in 1982. They have more than 245,000 employees. Based off there full year fiscal of 2022 their net revenue is $32.3B. Starbucks’ Stock Performance Based off the treadmill in the Stock review over the past 5 years the price- earning-ratio is 35.88 meaning that the company’s stock is overvalued. The price to sales value is 3.60. They did not have information on the return of equity but the return on assets is 9.89%. Forbes states that the stock is outperformed meaning that they suspect superior performance. Image: Forbes Magazine. (n.d.). Starbucks | SBUX Stock Price, company Overview & News. Forbes. Retrieved March 5, 2023, from https://www.forbes.com/companies/starbucks/?sh=85cbef528acb
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