Developed comprehensive product strategy proposal for Starbucks, focusing on café experience revitalization, operational efficiency, and employee development to address declining brand relevance and drive 5-7% projected growth.
🔍 Project Overview:
Starbucks has faced challenges including declining brand relevance, operational inefficiencies, and employee dissatisfaction. My proposal addressed these issues with a holistic, data-driven strategy grounded in customer insights, competitive analysis, and stakeholder feedback.
📈 Strategy & Key Initiatives:
•Café Experience Revitalization: Reimagined the in-store “third place” with comfortable seating, community events, and improved ambience to boost customer satisfaction and loyalty.
•Operational Efficiency: Proposed menu simplification and the rollout of the Siren Craft System to reduce wait times and streamline operations.
•Premiumization: Recommended launching limited-edition, ethically sourced coffee lines and enhanced personalization through digital channels.
•Employee Development: Relaunched the Coffee Master Program and established clear career progression paths to increase employee engagement and retention.
💡 Expected Outcomes:
•Projected 5-7% comparable sales growth by FY2026
•30% reduction in average wait times
•25% increase in employee satisfaction and 20% reduction in turnover
•Strengthened brand differentiation in a competitive market
🛠️ Skills Demonstrated:
•Market & competitor analysis
•Strategic OKR development
•Cross-functional initiative planning
•Budget allocation & ROI estimation
•Roadmap creation & stakeholder communication
10 Mar 2025
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