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HS
Howard Schultz
06/04/24
@ Acquired
Espresso has become the number one beverage at Starbucks in Italy, indicating acceptance and preference from local customers rather than just tourists.
Video
A
Starbucks (with Howard Schultz)
@ Acquired
06/04/24
Related Takeaways
HS
Howard Schultz
06/04/24
@ Acquired
Starbucks waited to enter the Italian market until they could present themselves in the best possible way, respecting the local coffee culture.
HS
Howard Schultz
06/04/24
@ Acquired
After a trip to Italy in 1983, I realized that Starbucks needed to transition from selling just beans to offering espresso beverages to create a community experience.
HS
Howard Schultz
06/04/24
@ Acquired
Starbucks has successfully created a coffee culture that attracts consumers who may not have engaged with coffee otherwise, expanding the market.
HS
Howard Schultz
06/04/24
@ Acquired
The iconic reputation of Starbucks created a strong anticipation in Japan, where customers were eager to experience something they believed was unique and proprietary.
HS
Howard Schultz
06/04/24
@ Acquired
Starbucks has built a unique brand identity that elevates the role of baristas, making it more respected compared to other food service jobs, like flipping burgers.
HS
Howard Schultz
06/04/24
@ Acquired
The relationship between baristas and customers at Starbucks is intimate, with baristas often knowing their customers' names and preferences, creating a magical experience.
HS
Howard Schultz
06/04/24
@ Acquired
The experience created around coffee consumption at Starbucks is as important as the product itself, contributing to customer loyalty, and Starbucks has achieved a level of customization in its mobile app that no other food company has, allowing customers to personalize their orders significantly.
HS
Howard Schultz
06/04/24
@ Acquired
The success of Starbucks in different countries is due to a universal desire for opportunity, respect, and dignity among young people.
HS
Howard Schultz
06/04/24
@ Acquired
The quality of coffee and the experience of drinking it were key to positioning Starbucks as an affordable luxury.