Today was the annual meeting of Starbucks shareholders, held in Seattle, Washington, at McCaw Hall. I got there early and stood in line for almost an hour, wanting to get a good seat. I was not the first person in line!
It was beautiful spring day. It was clear, and there was some sun and blue skies (albeit, still not short sleeve weather). Before the meeting, I cycled around chatting with lots of people I knew. The doors opened at 8:00 in the morning, and the meeting didn’t actually start until 10:00, so there was plenty of time to socialize.
I caught up with Jason Simpson, June Ashley, and Gabby Evans, all working near the Clover and had some delicious Papua New Guinea Arokara, which had been brought in especially for the meeting. If you can get a chance to try this beautiful single origin coffee, I highly recommend it. It’s smooth, yet bold, and very flavorful.
(Jason Simpson and June Ashley work in Starbucks’ coffee department at the headquarters. Gabby is at the headquarters too but works in global learning, I think.)
There weren’t any really major life-changing announcements to come out of this meeting. After Howard announced the acquisition of Clover at the 2008 meeting, I think everything has felt very anticlimactic to me!
Photography is not allowed at the meeting, unless you are there as established media, so I don’t have meeting photos. I did get my new Onward Card at the meeting, so I’m sharing a picture of that. There was an opportunity for shareholders to get the card early if you pre-ordered the book Onward at the meeting.
The best Howard Schultz quote was, “The word ‘Love’ isn’t commonly used in business. That is what we are trying to express here.” I also liked that Howard Schultz emphasized the extreme importance of the store manager. The “most important person in the company is the store manager.”
Some of the interesting things talked about at the meeting are as follows:
- Starbucks Keurig Cups will be in stores by 2012
- China has more than 160 cities with more than one million people, and by 2015, “We will triple our footprint there.”
- Annie Young Shrivner spoke about local foods in China, and many people in the audience appeared to be oohing and ahhing wanting to try things like a Frappuccino that is half tea and half coffee. (I think this was called a “Yuen Yueng” Frappuccino.)
- Adam Brotman spoke about the Starbucks Digital Network and announced new partnerships with The Economists, Marvel Comics, and ESPN.
- Chris Bruzzo spoke about what is still one of my favorite topics: Mystarbucksidea.com – In the three years that MSI has been alive, users have submitted over 123,000 ideas and the most frequent users visit the site over 200 times a month.
- It was also announced that there are plans to expand the Starbucks rewards system to your local grocery store, such that it would be possible to earn “stars” when buying things like a bottled Frappuccino, Starbucks ice cream, Via, and coffee, or other Starbucks-branded grocery products.
After the meeting, there is always a question and answer session. It is a chance to ask Howard Schultz and all of the team a direct question. One person asked about the success of stores selling wine and beer. One person asked for more syrups. One person wanted stores to sell carrot juice.
I asked Howard Schultz about partnerships that have been meaningful to him. Starbucks has partnered with so many great organizations such as Conservation International, CARE, project (Red), Ethos, and many more. I asked him which partnership has been the most meaningful to him and why. And then, just for fun, at the last second I threw in, “How can I get an Onward t-shirt?” That brought some chuckles.
Howard didn’t answer my question totally, but rather talked about the importance of Starbucks to give to communities, and to be a brand that is socially responsible. And then he said with a smile in his voice, “We’ll get you a t-shirt.”
The next person after me talked about his qualifications a bit, and asked ‘Can I have a job at the Starbucks headquarters?’ (not verbatim).
Howard, who doesn’t miss a beat and has hilarious off the cuff moments, said in response, “Are you sure you wouldn’t just like a t-shirt?”
There was a ton of laughter in the audience at that point.
Last year I stayed for a round of socializing after the meeting, but this year I took off quickly because I had planned a vacation to visit family, and so I had to get to the airport.
At the end of the meeting, partners were giving away bags of Tribute Blend, and I had a last round of goodbyes to a few partners all the while trying to leave fast. I even met Steve Lockitch who sometimes comments on this blog and MyStarbucksIdea.com.
And that was it.
This is an open thread. Feel free to talk about anything Starbucks related. (My apologies for typos. I really wrote this out in a rush.)
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Ooh, I love that card. I wish I could get one!
I need to catch up on what I missed tomorrow. Thanks for the highlights, though!
Very nice card – you should hold onto it and try and get another HS signature.
Thanks Melody for the update. Explain more about the card. Can you put money on it? I was quite interested in HS’s comment about SB and their involvement in the community. Do you think this includes individual stores getting involved in their local communities? Or is it just corporate involvement? I wish he spoke more of customer service. And any mention of the long range plans of MSI? I guess there are so many areas to explore and ask questions about.
Thank you for posting this! I tried to get on yesterday to listen to a replay (even though I am not a shareholder) but it wasn’t up yet. I did read they are planning to add more Starbucks coffees ‘in room’ in hotels. (I think I butchered the phrasing, but you get what I mean). That is exciting, I always try to stay at Westin hotels now since I know they will at least have Starbucks in room, if there is not a Starbucks close by. Love the card as well!
I actually saw a new card at my local store with the new logo on it and it looked nice even though I still have mixed feelings about the new logo. Is the Onward card going national and can be used as a regular rewards card? I don’t think I have seen it yet by me. Also, tell more about the tee shirts.
Fabulous round up Mel! I’m still trying to organise what some of those announcements meant for me in my head before I throw mine out there. That card is absolutely stunning, I wonder if I’d be able to get a hold of one too? Haha, I hope you do get your t shirt!
Regards,
D.
I have to reply to some of these great comments, and there are atrocious grammar & typo problems. Im on my phone at the moment. I literally wrote the blog post fast sitting in a Starbucks in Santa Ana. Sorry. I will come back later to all and comment again, and fix the blog articke, but i wanted to get it posted. Some things, like the idea of earning stars at a grocery store, were particularly interesting.
Great to hear all this Melody. I too love the card! and especially your t-shirt remark. I hope you get it!
It seems so….odd..to me that anyone at this meeting would take up ‘question time’ with stuff like syrups or juice. It seems lke such a waste of question opportunity to me.Glad your experience was good! Thanx for sharing.
I enjoyed meeting you at the meeting although briefly and thanks for the mention and especially spelling my name correctly which is appreciated. I was a little disappointed that Howard didn’t mention any new stores planned (maybe I missed that) but I did hear him say something like “fasten your seat belts” but he didn’t elaborate. I was also a little disappointed about the lack of an actual goodie bag forcing people to use their pockets or, in the case of ladies, their handbags. Several years ago in an actual goodie bag among other things, such as a Starbucks card with about 5 bucks on it, they gave away that nice metal mug that I still have and I think the retail was something like $24.95 or $29.95 so I thought they could have at least given copies of the book away instead of excerpts whitch only included the introduction and chapters one and two. They were however selling the book at a discount. I did however enjoy the Roosevelt Jazz Band which is where I went to high school.
sounds like the meeting was awesome! i can’t wait to see all the things to come! were (partners) are supposed to get a copy of the book and i think the special ed of the card..but i haven’t gotten one yet..so maybe soon 🙂
Melody I look forward to your more detailed response to our varied comments. Are these tee shirts going to anyone that wants one or only internal or at the partner store only? Hope you get one as well. I hardly go to MSI these days and would hope they are making it more viable. I find it so interesting the numbers they say visit that site. I really wonder if those numbers are current as the moderators have not been on top of their game as they once were.
Oops I forgot to mention that I liked your comment about the T-shirt and I hope Howard follows through and mails you one. For all the good unpaid work you do your them you deserve one. Hope you get a little off each book sale.
@purple1 – I went back and fixed a few of the typos, but it’s still not perfect. I wish I had given this a sexier headline, but too late now! Starbucks, over the years, has made a ton of promotional t-shirts. Sometimes the t-shirts are for big corporate events (like the Leadership Conference in New Orleans, for example) though the most well-known t-shirts have been for new product launches:
http://www.starbucksmelody.com/2010/08/29/fourteen-starbucks-t-shirts-tell-their-stories/
There were partners at the Shareholders meeting wearing Onward t-shirts. Basic white shirts with the word Onward centered on it. I actually don’t know if those were produced for the meeting or something else. I think I read in Onward that there were Onward t-shirts produced for Leadership Conference in New Orleans and I am still not sure if the t-shirts yesterday were the same ones as Leadership Conf, but either way, I just thought it was very cool!
@DavidCarswell – You CAN get a StarbucksCard just like the one in this blog post. I’ve heard that there will be a limited number of them sent to the stores and it will be a promotion that you can get a loaded $5 gift card when you buy Onward in the stores. I don’t expect they’ll last very long. Shareholders at the meeting yesterday simply had the chance to get the Onward card a little early.
I’ll absolutely be keeping my eye out for the Onward card in stores, just incase I stumble upon it! I hope I’ll be able to get one without purchasing the book in stores, though, since I already pre-ordered it. It’d be pretty awesome if they’d send out the card with the pre-ordered books, but I haven’t heard anything about that happening.
I hope you get your shirt! It sounds like you had fun at the meeting! 🙂 I’m very excited at the prospect of getting stars for Starbucks ice cream and VIA purchases in stores. I’d get lots more stars just for the ice cream. 😉
Awesome question Mel. Since this is a open thread, I wish Starbucks had a way to recycle old gift cards. I often get a lot of giftcards for birthdays and Christmases and cleaned out my purse last week and found 11 different giftcards. Instead of throwing those away, I wish I could just send them back to Starbucks or recycle them in another way since I usually always just use the gold card.
Big discussion this morning at my local SB as to how they are going to do the rewards stars at the grocery store! Any clue as to how the system will work? Melody, the tshirt sounds great- when you get one take a pic!
Maybe you’ve discussed this in a thread before — and I apologize if I am re-hashing an old topic — but what is the consensus of Keurig? I’ve tried it, but I prefer using/creating my own blend of beans. I love the bold flavor, but not too much caffeine, so I’m always making my own half-and-half mix. In addition to the Starbucks’ bolder blends, I like Trader Joe’s “Bay Blend” and “French Roast.” Also, there’s Costco, whose Kirkland brand proudly proclaims “roasted by Starbucks” on the label. I like that, too.
Of course, I also keep a French press handy. Coffee makers do break.
@Amy in Boston – If you want, you can send your old Starbucks cards to me! I’m actually working on collecting enough of them to put together another blog article on collecting Starbucks cards.
http://www.starbucksmelody.com/2010/06/26/collecting-starbucks-cards-and-howard-schultzs-autograph/
@Pam – I have never tried coffee from a Keurig maker! *Eeeek* I’ve been using Via quite a bit. In fact, my mom doesn’t drink coffee at all, so it was wonderful to have Via while on this trip home. I’d love to hear what others think about the Starbucks-Keurig partnership. Though given the HUGE number of threads on MSI asking for Starbucks K Cups, I assume this is going to make a lot of people jump for joy!
I have only had 2 or3 french presses but I have to say I am not a huge fan. I think if my coffee maker breaks and there is no Starbucks within reason, I would go for the VIA over a french press. Is that bad?
I have still never gotten to have coffee from a clover…hopefully someday!
I still don’t know how I feel about the K cups though it really would be a mistake for Bux not to get on board with it. Green mountain has been killing it in coffee sales with those cups and we’ve been asked at least twice a month if we are ever going to sell them. I’ll have quite a few happy K cuppers!
Also, in regards to the books, here’s an FYI to our customers looking to get one in a store. I have a total of 5 retail versions coming into my store for the launch. Total. I have at least 500 people visiting my store daily. You do the math. I really hope that the order is wrong or incomplete but according to my order as of Wed. 5. Total. For launch. 🙁 I’m not happy.
I would love an Onward T-shirt! Since I’ve been a partner, there haven’t been any fun, promotional tees that I’m aware of, so I keep hoping. 🙂
@Melody
Oh yeah, Starbucks would be dumb not to want to be in K-Cups…b/c they cost around 50-60 cents a cup of coffee, rather than 7 cents a cup for making your own drip.
@Pam I agree with you on the whole bean….I buy Starbucks beans for work and grind Peet’s beans at home (way fresher, better IMHO)
@Steve Starbucks did announce they were building 1000 new stores…in China! The stores in China are more profitable than the ones in the United States. Most of the future Starbucks growth in the United States will be coming from consumer products sold in grocery stores, etc.
Melody — I don’t want to turn this into a Keurig discussion, but I’ve tried a few coffees from it and they’re pretty good. I don’t know what Starbucks will be offering, but if people can get, say, Gold Coast or Italian Roast at the office, they’d really appreciate that.
@Anthony – It’s actually okay with me if we talk about Keurig. It was talked about at the meeting, and I’m not strict about whether conversation is “on topic” or “off topic” when it comes to this blog (perhaps if I had a larger, busier blog I would be but that’s not the case …)
I actually don’t quite ‘get’ the Keurig craze going on right now, but I guarantee that once it’s at Starbucks, I’ll be buying a Keurig machine! 😉 It’s just that Via works perfectly for the times I need one quick cup of coffee, and you don’t have to have a special machine.
*SMILE* HA! The t-shirt banter between you and Howard cracks me up *love it!* I love that he rolls so well with his audience 🙂 I listened in last year from my desk but this year being in school I missed it. It’s been so zooming I’ve been looking forward to reading your recap of what went down. Melody thank you again for a wonderful and informative post! 😀
I got one of those “My K-cups” so that I could use my partner markouts during my day job (at a school… teacher by day, barista by night!). It’s my only experience with the Kuerig machine. I’ve been using the Tribute blend (by far my favorite and I’m so sad that it’s limited time only…), and so far, so good! I can’t wait to see what blends we offer in the K-cup.
And just yesterday I had a customer complain to me that her office uses K cups and she hates the coffee. So I sold her 3lbs of Tribute Blend.
@TheRobotMommy – That is definitely a success story! I’m surprised a little that her office uses K-cups, but your customer is the only one who will have great coffee!
Melody, since my local Starbucks is smack-dab in the middle of the Louisiana swamplands, I don’t think it’ll be recieving any of those limited numbers that are being sent to stores. I was wondering, if you have any become available in-store in Seattle, do you think you could pick one up for me and mail it to me? I’d pay you for the card, the postage, an extra tip for your troubles, whatever you’d like haha, but I’d really love to get my hands on one of those cards. 🙂
Update: Nevermind Melody, I just went on eBay and sniped a new, unused card with the security code unscratched and the the $5 still loaded onto it, and it comes with the additional leather card sleeve/bookmark, for only $14.98! 😀 so after I register the $5 to my Starbucks account it’ll be like a net purchase of $9.98! I’m very happy happy right now! 😉
about those cards: (besides e-bay, where I have seen some CRAZY prices): the stores (not necessarily a Reserve or Clover store) that have the book, sell the book with the Onward card, which comes with $5.00 on it. But, the cards alone are not being sold. (the Onward ones) So far, all the regular normal Sbux around me are selling the book with the card. and, there was some offer earlier from Sbux where one could pre-order it and receive the card with the boook…same as the stores.
@Tobias: that must be the ‘bookmark’ one of the partners I know was talking about (before they had recvd them)..she said: …..’and some kind of bookmark which we’re not supposed to sell.’ sounds like you did get a good deal.
@denise, about the crazy prices, I know! One of them is on there right now for a buy it now price of $99.95 plus shipping! And it has a zero balance and doesn’t come with the book or bookmark! and even the few others that are being offered are around the $30s-40s range… so 10 bucks was definitely worth it to me. Although I will say that it does seem to me like Starbucks has ended up producing a lot more of these cards than I think everyone was originally led to believe? It seemed as if everyone was under the impression that the Onward card was going to be the T206 Honus Wagner of Starbucks merchandise. Maybe it was just me overanalysing the situation; either way I’m glad I got my card at such a low price considering what some of them are going for, but I think the reason some of them are going at such high prices is because people thought that there would be fewer produced, when in reality anyone can buy the Onward book in-store for $24.95 and get the card with a preloaded $5?
@Tobias: I tend to agree with what you’re thinking…don’t know but it might seem that way about the ‘cards’. $99.95????? that will be interesting to see if it sells. I can’t imagine. I also can’t imagine, in order, originally (or, not ebay) to GET one of the cards, one had to either buy the book or be at the meeting where Melody was. So, it would seem to me that anyone who cares enough for either one (book and/or card)….what I’m trying to say is if anyone wanted the card badly enough they would likely want the book, too…so, why not somehow procur it that way. ??? weird.
It would seem that only people who have been GIVEN a card, could be putting them up on ebay like that….which seems like that would be partners. (reckless ones) or else they’re being boot-legged.
@denise- The only reason I didn’t buy the card and book together (other than that they’re not selling them in Louisiana) is because I had already preordered the book online before I knew anything about the card promotion. And yeah, there probably are some being sold by partners. Also, I guess people could think they can turn around a quick profit- buy the book for $25, get the card free, sell the card for $35, keep the book at no cost and make an additional $10 profit. I think there are just some people who don’t care about the card since it functions just the same as any other card.
@Tobias: did you see the offering (via email) from Sbux that offered the book (pre-order) that was 40% of the book plus the card with $5.00 on it too??? It seemed that came a little late. and after the intitial ‘pre-order’ which did not offer the card. ???
I’m thinking the folks who think the card is just ‘another card’, which it is, don’t remember enough about how rapidly Sbux changes and things come and go…
@Denise & Tobias – The prices for that card on ebay make my headspin. But Tobias you got a great deal. That bookmark is the most rare part of what you got! I know now is the time to buy the card. I remember when Starbucks tested a loyalty program. Before the Black Card there was a White Card (both are were 10% off gold cards) but the white gold card was the very early test version used in just like a couple of test cities – As I recall Denver was one of the cities. I saw a few of the white cards come up on ebay right when the black card launched, but now I never see them, and I assume I’ll have to pay a small fortune if I ever want to have one!
@denise, no I didn’t get that email :/ which is strange because I’m a gold card customer, I get tons of other emails, offers and promotions from Starbucks; I have every box checkmarked on what topics to send me information… I’m not sure why I didn’t get anything about Onward. But I neither got an email about the initial preorder nor one about the book+card.
@Melody, speaking of white cards, not that this one is the same one you’re talking about, but I recently saw the white gold cards that came out this year exclusively for the Chinese market, and I think they look classier than both our gold and black gold cards. Do you know, is it even possible to register one of these to a US account and add a US dollar amount to its balance, even though everything on the back of the card is typed in Chinese characters? http://cgi.ebay.com/New-China-Starbucks-2011-Gold-Customer-Gift-Card-/110651213102?pt=LH_DefaultDomain_0&hash=item19c353852e#ht_500wt_689
@Tobias: that one pre-oder email from Sbux (that gave the book with the card, and I am sure it was 40% off) came way late. After evry other ad I’d recvd or seen. I’m going back to check my email and see if I still have it.
as far as who gets what, I’ve seen this over and over and over: lots of errors. lots. no matter what is checked, registered etc.
will let you know if I stiil have the email.
@denise, I’ve heard other people complain all the time about not receiving this promotion or that one, I just don’t think it had ever happened to me before. I always assumed they must’ve done something wrong / not had this or that checked. 😉 but regardless, I got all three- book, bookmark and card, albeit separately, for less than $35, so I’m pretty happy with that. 🙂
@Melody, denise r, et al- Just wanted to share a picture of what I did with my Onward card- http://i51.tinypic.com/30sc6j6.jpg 😀
@Tobias: wow! that is beautiful!!! I have yet to figure out excatly how/what to do with my signed Onward card…except I always knew I would frame it. That is BEAUTIFUL!!!!
@Tobias – That is gorgeous! Tell us when you got it signed? I don’t remember you telling us that, but if you have already tell us again!
@Tobias – that’s really cool! Great job!
Thanks all, I really like the way my framing job turned out also. Melody, I actually just sent it to him in the mail (along with a three-page letter). Meeting Howard in-person is on my bucket list to do before I die, but the military is keeping me pretty busy these days- don’t have the liberty to take a leisure trip to Seattle on a whim 😉 so for the time being I settled for a letter; a rather lengthy letter. I wrote about my opinions of the book and the company, talked about Product(Red), several other humanitarian Starbucks efforts and programs, and just a bunch of other stuff. one of the three pages was dedicated to my complaints with Pike Place roast, and also about some of the music and the need for a resurgence of the Tim Jones effect; my dissatisfaction with Katy Perry’s Teenage Dream and the Twilight Saga Soundtrack. Basically I said that Onward is a very raw and honest, transparent message, so I was also going to be open and honest, and wrote about everything I like and also everything I dislike. I could’ve gone on and on, but when I got to the end of the third page of single-spaced 12pt writing I decided I should stop there so that I could actually still mail it in an envelope rather than having to use a UPS box 😀 and at the bottom I just asked him to sign my Onward card, and I included it in the envelope with the letter along with a self-addressed, stamped return envelope, and he sent it back to me signed. And then I got it framed. I’m really pleased with how it turned out.
@Tobias – That is a really great story! I suspect that he read your letter too. I have no way of knowing that. My gut is though that he reads a surprising amount of email or letters from people. And I like what you wrote: I was disappointed in the Teenage Dream CD too, and of course Pike Place Roast is still a coffee that disappoints me. I’m just glad I have other coffee options here in Seattle. I am so glad he sent it back to you signed! How long did it take before you got it back?
If you ever meet Howard in person, that would be fabulous. This blog >seems< to have some hardcore fans reading it (we keep them in business ;)) and someday I hope that we can all say we've met him. It's so cool that Denise got to meet him in Chicago. I think Purple1, CD, and Sebastian have to meet him too!
going back and reading my own post there, I realised that it may have sounded a lot more negative than the letter really was. didn’t mean to give that impression; I assure you the other two of the three pages were very positive and appreciative, and I sincerely hope Howard saw my complaints as being voiced not because I’m dissatisfied but rather because I care. and in regard to how long it took, I don’t know the exact date I postmarked it, but I only just received the card originally about two weeks ago, and then I wrote the letter, sent it to him and he sent it back, so it was probably only about a week’s time from the day I sent it to the day I got it back- it came back a lot quicker than I had expected it would.
@Tobias: I am GLAD you even mentioned PPR etc. WE should be as “transparent” as cutomers, too…certainly..altho, I know that’s tricky! especially trying to get a signature 😉
I am still totally in awe of your card-framing! I have to figure out how to do something very similar. What you did was just exactly perfect!!! and sooooo beautiful. just perfect! And, as Melody wrote, I think he did read your letter, I think (from how he sounded??) he does read alot of communication, especially if somehow it catches his eye.