How starbucks became a leader in its business: towards lessons for Botswana

Starbucks is the world leader in the coffee+cafe business with total global revenue of $16.45 billion, over 185,000 employees and 21,366 stores in 66 countries worldwide.

What can entrepreneurs in Botswana learn from Starbucks?vTo begin with, start small. Starbucks had humble beginnings. Success did not come overnight. Starbucks was founded in Seattle in 1971 and Howard Schultz bought the company in 1987 (when it only sold roasted whole coffee beans and was a very small operation).  Schultz is President and CEO and transformed the firm to what it is today.

What is Starbucks’ strategy for success? Its strategy (conceived by Schultz) is to offer customers the “Starbucks experience”, which means superior customer service, a ‘community experience’ (based on the Italian café model), a friendly ambience in its stores, and it empowers customers to drive change (especially in terms of customisation, peer-to-peer marketing and consumer awareness). Moreover, Starbucks seeks brand loyalty and offers perks to frequent customers.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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