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Starbucks
Vietnam
P R E S E N T E D
B Y
G O U R M E T
G R O U P
Starbucks Vietnam
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Executive
Summary
Starbucks was launched on 30 March
1971 by Jerry Baldwin, Zev Siegl and
Gordon Bowker, "Starbucks" name
inspired by the novel Moby-Dick.
Starbucks Vietnam
human spirit – one person, one
cup and one neighborhood at a
time."
as the premier purveyor
of the finest coffee in the
world while maintaining
our uncompromising
principles while we
grow."
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"To inspire and nurture the
"To establish Starbucks
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Mission
Vision
03
STARBUCKS VIETNAM
VALUE
Creating a culture of warmth
and belonging
Being present with
transparency, dignity and
respect.
We are performance-driven,
through the lens of humanity
Starbucks Vietnam
SWOT
ANALYSIS
Starbucks Vietnam
Strength
Strong brand image
Employee treatment
Strong loyalty program
Starbucks Vietnam
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Weakness
Easily
replicable
competitors
Strict labour policies
Too few stores
by
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its
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Opportunities
Coffee cultures of Vietnamese
people expand
Reopen to tourism
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Starbucks Vietnam
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Starbucks Vietnam
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Threat
Traditional coffee shops are the
optimal choice for Vietnamese
people
New
competitors
market
targeting.
enter
Starbucks
the
are
MARKET
OVERVIEW
Starbucks Vietnam
COMPETITORS
Highlands Coffee
Phuc Long
Potential competitors,
one of the most wellknown coffee shops
has the highest market
share in the Vietnam
Market
New competitor,
with modern
furnishings, also a
blue and white logo,
but with a more
affordable price
COMMUNICATION
OBJECTIVES
A major goal we're
focusing on this year
Expand the flavour of Arabica to
Vietnamese
Convincing Vietnamese people
about Arabica coffee so that
Vietnamese people gradually
accept the flavours that
Starbucks wants to bring
The taste of Arabica beans
Delicate scent, mild bitterness,
pure gentle aroma because the
caffeine content in Arabica
beans is only from 1-2%.
Starbucks Vietnam
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Starbucks Vietnam
Business
Objective
~31,2 billion VND
ERASE all losses in 2021
80% profit in 2019
Targeting domestic customers
Open more stores around HCM city
Starbuck Vietnam
MARKETING
OBJECTIVES
8%
5%
90%
75%
Maintain monthly
customer service
rating
of the market share
of new locations
10%
Increase retention
rates of consumers'
return rates
Starbucks Vietnam
Starbucks Vietnam
Facing the risk
of reducing the
scale of
operation if it
cannot recover
interest rates as
in previous
years.
Convincing
Vietnamese people
about Arabica
coffee - The number
of Vietnamese
customers drinking
is still limited.
OPEN CAMPAIGNS FOR
EVERYONE TO DISCOVER
MORE ABOUT THE TASTE
OF ARABICA
Vietnamese people can have
an overview of Arabica
Starbucks Vietnam
Starbucks Vietnam
NEW
STORES
Starbucks’ target is to open in
Lakeview City (1 store), RMIT campus
in District 7 (1 store) and Aqua City in
Dong Nai province (1 store). (Attract
1000 customers/month/store).
Aqua City
Lakeview City
RMIT campus
Starbucks Vietnam
SEGMENTATION
AND
TARGETING
Segmentation and Targeting
Segments
Demographic
Psychological
Geographic
Young adults
19-25 years old
Male and Female.
High and stable
income
Active Energetic
Young &
mature adults
Middle-aged
adults
25-35 years old
Male and Female.
High and stable
income
35-40 years old
Male and Female.
High and stable
income
Active Energetic,
Healthy, Balanced,
Minimalistic
Healthy,
Balanced,
Minimalistic
Ho Chi Minh city and Hanoi
(mainly Ho Chi Minh city)
Starbucks Vietnam
Segmentation and
Targeting
Segments
Young
adults
Young &
mature adults
Middleaged adults
Spending habits: willing to spend money on high quality drinks
Behavioral
Purchasing habits: willing to pay for products
commensurate with the quality
Interactions with the brand (Opinion): highly adaptive, open,
welcoming.
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Market Targeting
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Starbucks’s
targeted market:
25-35 both gender
in HCMC and
Hanoi
50% of Starbucks
Vietnam revenue
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Differentiation
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POSITIONING
STATEMENT &
DIFFERENTIATION
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It has never claimed to offer the
cheapest coffee; instead, it has
pledged to create a unique form of
enriched premium coffee
experience
Positioning statement
Starbucks states that their
premium coffee experience sets
them apart from their competitors,
which includes not just high-quality
coffee but also customer service
With regards to the 100%
coffee beans of Starbucks is
Arabica which makes
Starbucks out-performed
their product quality
compared to the Robusta
coffee of Highland
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Arabica
Coffee
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CUSTOMER
SERVICE
STARBUCKS IS
EXTREMELY FOCUSED ON
THE CUSTOMER
EXPERIENCE
Starbucks Vietnam
STARBUCKS VIETNAM
HƯƠNG
CAMPAIGN
THE BEST COFFEE FOR
THE BEST YOU