- Starbucks’s powerful brand means loyal customers are willing to pay a premium for their products.
- Despite having over 34,000 stores in 80 countries, Starbucks still sees a long runway for growth in the U.S. and international markets, especially China.
- Starbucks Rewards Program results in data-driven business decisions.
In Part 1 of this article, we examined how Starbucks has maintained its position as the largest coffeehouse chain in the world.
A quick recap of 3 of its competitive advantages: