Starbucks Turkey
STARBUCKS TURKEY: WHAT CAN STARBUCKS ADD TO THE 500-YEAR-OLD COFFEE CULTURE Nesrin Korkmaz International Strategic Communication Professor Doshi April 21, 2016 CAMPAIGN DESCRIPTION Starbucks Coffee Company: Starbucks Coffee Company started its operations in 1971 in Seattle, Washington (starbucks.com.tr, n.d.). After being sold to Howard Schultz in 1987, the company began expanding rapidly, first in the United States, then in the global markets (starbucks.com.tr, n.d.). The secret of the company's global success lies behind its vision that was inspired by the Italian coffeehouse experience: to become the third place after home and office where people can enjoy quality coffee over conversations that are nurtured by the sense of community at every Starbucks store (starbucks.com.tr, n.d.). Today, with more than 24,000 stores in 70 countries, Starbucks' name represents one of the largest coffee brands and coffeehouse chains in the world (starbucks.com, n.d.). In the beginning, Starbucks differentiated itself as a company that offers "affordable luxury" to white collar urban dwellers who would be more likely to have a demand for the "third space" in their lives (Mourdoukoutas, 2013). Although the company's American target profile now includes the less educated, the young, and the rural area residents, Starbucks' global consumers still resonate with the initial target segmentation, especially in middle-income countries such as Turkey. Through a partnership with Shaya, which is the branch of a Kuwait-based company that invests in the Turkish retail market, Starbucks Turkey opened its first stores in the three upscale neighborhoods of Istanbul: Bağdat Caddesi, Akmerkez, and Kadiköy in 2003 (shaya.com.tr, n.d.
[Show full text]