Starbucks Company Marketing Strategy in Facing the Covid-19 Pandemic: Case Study Report 2020

Authors

  • Abi Azizul Hakim Universitas Sultan Ageng Tirtayasa
  • Ana Susi Mulyani Universitas Sultan Ageng Tirtayasa

DOI:

https://doi.org/10.55927/marcopolo.v2i1.7430

Keywords:

Starbucks, Marketing Strategy, Covid-19 Pandemic, Annual Report

Abstract

Starbucks is a global coffeehouse company known for its high-quality products and exceptional customer experience. However, the Covid-19 pandemic has had a significant negative impact on Starbucks' business, such as decreased sales, store closures and changes in consumer behavior. To overcome these challenges, Starbucks has implemented several effective marketing strategies, such as adapting product offerings, strengthening digital engagement, increasing customer loyalty, and expanding market reach. This case study aims to analyze the marketing strategy of the Starbucks company in facing the Covid-19 pandemic, based on their 2020 annual report. This case study uses a qualitative descriptive method, by collecting secondary data from the Starbucks annual report and other relevant sources. The results of this case study show that Starbucks' marketing strategy has succeeded in helping them maintain business performance, meet customer needs and expectations, and prepare for a better future.

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References

Kotler, P., Keller, K. L., Ang, S. H., Leong, S. M., & Tan, C. T. (2018). Marketing Management: An Asian Perspective (7th ed.). Singapore: Pearson Education. : Armstrong, G., Adam, S., Denize, S., & Kotler, P. (2018). Principles of Marketing (7th ed.). Melbourne: Pearson Australia.

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Starbucks Corporation. (2020). Annual Report 2020. Retrieved from:https://s22.q4cdn.com/869488222/files/doc_financials/2020/ar/Starbucks-FY20-AnnualReport.pdf

Starbucks Corporation. (2020). Global Social Impact Report 2020. Retrieved from https://stories.starbucks.com/uploads/2020/12/Starbucks-FY20-Global-Social-ImpactReport.pdf

Susila, I. (2015). Pendekatan Kualitatif Untuk Riset Pemasaran Dan Pengukuran Kinerja Bisnis. Benefit Jurnal Manajemen Dan Bisnis, 19(1), 12–23.

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Published

2024-01-31

How to Cite

Hakim, A. A. ., & Mulyani, A. S. . (2024). Starbucks Company Marketing Strategy in Facing the Covid-19 Pandemic: Case Study Report 2020. Indonesian Journal of Interdisciplinary Research in Science and Technology, 2(1), 93–102. https://doi.org/10.55927/marcopolo.v2i1.7430