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Starbucks sells $7-a-cup coffee
Los Angeles Times ^ | November 29, 2012 | Tiffany Hsu

Posted on 11/29/2012 7:39:31 AM PST by ConservativeStatement

Coffee aficionados have a difficult decision to make: Spend $7 on a full lunch or on a single cup of Starbucks coffee?

The brew in question: The Seattle giant’s new Costa Rica Finca Palmilera, its most expensive offering ever and also one of its rarest. The coffee is part of the company’s Reserve line and costs $7 for a grande cup.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Culture/Society
KEYWORDS: coffee; starbucks
It'll end up in the same place as a $1 McDonald's cup.
1 posted on 11/29/2012 7:39:35 AM PST by ConservativeStatement
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To: ConservativeStatement

All I can say there had better be some Jameson or Bailey’s in that cup if I am going to pay $7.


2 posted on 11/29/2012 7:43:07 AM PST by mc5cents
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To: ConservativeStatement

pardon me while I throw up.

Let’s institute a lottery here where the winner will be the person who is able to predict with the greatest accuracy the date when Starbucks announces that it is going bankrupt.


3 posted on 11/29/2012 7:44:52 AM PST by veritas2002
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To: ConservativeStatement

Jimmy Kimmel has a hysterical ‘taste test’ segment on this posted at ‘The Blaze’...


4 posted on 11/29/2012 7:45:01 AM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: ConservativeStatement

I buy my 18oz bags of whole bean at Cost Plus World Market.
they have a “club”... get points for every bag purchased. On Wednesdays they double the points. They just had a buy-one-get-one free bag promotion.

Burr grinder each morning, a 12-cup coffee press... FAR better than CHARbucks and for only pennies on their dollar.


5 posted on 11/29/2012 7:45:13 AM PST by SparkyBass
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To: ConservativeStatement
They can sell a cup of coffee for 20 bucks if they want to...however, it's when someone buys it at that price is when becomes an actual sale. Supply and Demand 101. Let's see if there is any demand for that supply.

Anyone know if people are actually buying this 7.00 java?

6 posted on 11/29/2012 7:47:45 AM PST by Fedupwithit (You gave him what he wanted. I gave him what he needed.)
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To: SparkyBass

BTW: new show for us “coffee snobs” (as I’ve been called by some friends... :) )...

Dangerous Grounds on (I think) the Travel Channel.
A total nut, the owner of La Columbe coffee shops in NY (Todd Charmichael, I think his name is) travels the world to buy beans directly from the growers. The guy is a type AAAAAAA+ dude and it’s really fun and entertaining (well, to me, at least)


7 posted on 11/29/2012 7:47:51 AM PST by SparkyBass
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To: ConservativeStatement

Starbucks is merely a business. What is truly dismaying is that there are people willing to pay $7 for a cup of coffee.


8 posted on 11/29/2012 7:49:12 AM PST by facedown (Armed in the Heartland)
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To: ConservativeStatement

Not to me they won’t.

In fact, I have NEVER bought anything from Starbucks.............


9 posted on 11/29/2012 7:49:39 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: SparkyBass

And I thought my purchase of “Chock full o’Nuts” on sale for $2.50 was a bargain. :-)


10 posted on 11/29/2012 7:50:20 AM PST by ConservativeStatement (Having an abortion is "progressive"?)
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To: mc5cents

I won’t pay $7 for a margarita, much less coffee.........


11 posted on 11/29/2012 7:52:10 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: ConservativeStatement

The dimocrats are hoping the $7 cup of coffee will go right along with $7 a gallon gasoline.


12 posted on 11/29/2012 7:56:25 AM PST by marychesnutfan
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To: facedown

This is a recession thing. When people cannot afford much they “treat” themselves to something they can afford and feels like luxury. It helps them feel like they have some control over the world.

In the eighties among business peons it was calling in FedEx to deliver some meaningless paperwork. Cheap but made the caller feel important.


13 posted on 11/29/2012 7:57:50 AM PST by Chickensoup (Leftist Totalitarian Fascism coming to a country like yours.)
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To: ConservativeStatement

14 posted on 11/29/2012 8:03:06 AM PST by twister881
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To: marychesnutfan

I can remember when a cup of coffee was 25 cents and so was a gallon of gasoline.


15 posted on 11/29/2012 8:04:27 AM PST by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: marychesnutfan

I can remember when a cup of coffee was 25 cents and so was a gallon of gasoline.


16 posted on 11/29/2012 8:04:27 AM PST by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: ConservativeStatement
I quit Starbucks when I got cold coffee TWICE!

A friend of mine used to get coffee and a slice of “low fat” coffee cake. Turned out the coffee cake wasn't so low fat and it had enough sugar to wire her for weeks.

Vastly overpriced and overrated. Starbucks is a status symbol. Kinda like designer jeans. Why pay hundreds of dollars for some fru-fru designer's logo on your butt when you could get a pair of no mane jeans at Walmart for $15-$20?

17 posted on 11/29/2012 8:05:25 AM PST by fatnotlazy
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To: ConservativeStatement

18 posted on 11/29/2012 8:07:15 AM PST by dfwgator
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To: SparkyBass

I was a Latin American studies major in college and did a research project in Colombia one semester. As part of the trip we visited a number of coffee farms where coffee was grown and many plants where beans were roasted and ground etc. The coffee there was fantastic, despite them saying they exported their best beans. Also visited a coffee farm in Costa Rica about 15 years ago, Cafe Britt, and it was excellent. A coworker is actually going on a vacation to Costa Rica next week and i’ve given her $ to bring me some coffee back.


19 posted on 11/29/2012 8:08:10 AM PST by xsmommy
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To: SparkyBass

My new favorite show.

BTW, I’ve checked out his shop’s webpage. His most expensive coffee?... $13 per 12oz bag. Not bad considering the trouble he goes to to get it (I thought it’d be a hundred dollars a bag, or some silliness like that). I’m definitely going to try it. In fact, one of my coffee loving friends doesn’t know it yet, but he’s probably going to be getting a one year membership for Christmas, as soon as I try it.


20 posted on 11/29/2012 8:09:37 AM PST by LibWhacker
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To: veritas2002

This is called Free Enterprise.

If Starbucks did a study and found out that they could sell $7.00 coffee than why shouldn’t they ?

They are not holding anyone at gun point to buy it.

As for going bankrupt, just check the history of the stock, and their plans for the future.Early investors have done VERY well.

What do you have against capitalism?


21 posted on 11/29/2012 8:13:45 AM PST by COUNTrecount (Clear eyes. Full hearts. Can't fail .But We Did.)
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To: LibWhacker

I wonder how Starbucks would feel about price controls and rationing of their product? You know, with their support of the great leader and all.


22 posted on 11/29/2012 8:13:45 AM PST by Arkansas Toothpick
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To: ConservativeStatement

Marketing genius.

Hasn’t anyone here ever hear of the Mary Kay effect? The worse the economy becomes, the MORE make-up they sell. When the economy improves, their make-up sales go DOWN.

During hard times, you can’t afford the BIG luxury items (vacations, new car, new clothes/shoes, etc...) But, you can afford to treat yourself with a small item (say, a tube of nice lipstick). Thus, overall Mary Kay sales go up.

This is also the reason high-end beer sales go up. A guy may not be able to afford tickets to the game anymore, but he can afford to treat himself with a high-end beer when watching the game on TV. Thus, sales of high-end beers increase during bad times.

Now look at coffee. How many people who used to drive through for breakfast ($5) and eat lunch out everyday ($7) are now trying to save money by eating cereal for breakfast at home and taking their lunch to work? How many of these people think “I can afford to treat myself one day a week to a gourmet coffee at Starbucks”? Probably lots.

But, how many of those people think “I’m going to get a regular coffee at a drive through today”? Probably not many, because (1) the drive through coffee is no better than what they could make at home, and (2) it costs more than what they make at home.

In other words, selling a high-end expensive coffee is vital for Starbucks to keep its sales volume up. And, the fact that its profit is probably twice as much per cup means they can get by with fewer overall customers. Something they’ll need to do to get by during hard times.


23 posted on 11/29/2012 8:13:56 AM PST by Brookhaven (theconservativehand.com - alt2p.com)
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To: ConservativeStatement

It’s just a specialty coffee, big deal.
There are coffee’s that run around $120 per pound that are supposed to be good, but few buy it.
You can get a 20 oz cup of Christmas blend for $2, choose that.
Oh, The McDonalds coffee ending up in the same place I guess so, pouring it on the street because its not drinkable or peeing it out still ends up in the rivers, seas and clouds.


24 posted on 11/29/2012 8:14:55 AM PST by svcw (Why is one cell on another planet considered life, and in the womb it is not.)
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To: LibWhacker

Right! My only problem is I’m cheap and his shipping is a little high for my likes.... :(
Still I think I’ll have to try some at some point!


25 posted on 11/29/2012 8:16:11 AM PST by SparkyBass
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To: dfwgator

“I don’t think we have time for a hand job Joe...”


26 posted on 11/29/2012 8:17:22 AM PST by EEGator
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To: Brookhaven

There’s a theory that the best thing to happen to “Classic Coke” was “New Coke.” It showed the popularity of the temporarily discontinued flavor.


27 posted on 11/29/2012 8:18:34 AM PST by ConservativeStatement (Having an abortion is "progressive"?)
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To: ConservativeStatement
There’s a theory that the best thing to happen to “Classic Coke” was “New Coke.” It showed the popularity of the temporarily discontinued flavor.

Wasn't that also how they changed the formula to substitute corn syrup for sugar in the original formula.....People were just so happy to have back "Classic Coke" without even caring that sugar was replaced with corn syrup.

28 posted on 11/29/2012 8:21:50 AM PST by dfwgator
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To: dfwgator

Through Wikipedia, I came across this entry:

http://en.wikipedia.org/wiki/New_Coke#New_Coke_after_Coke_Classic

Reversal

Coca-Cola executives announced the return of the original formula on July 10, less than three months after New Coke’s introduction. ABC News’ Peter Jennings interrupted General Hospital to share the news with viewers. On the floor of the U.S. Senate, David Pryor called the reintroduction “a meaningful moment in U.S. history”.[37] The company hotline received 31,600 calls in the two days after the announcement.[13]

The new product continued to be sold and retained the name Coca-Cola (until 1992, when it was officially renamed Coca-Cola II), so the old product was named Coca-Cola Classic, also called Coke Classic, later just Coke and for a short period of time it was referred to by the public as Old Coke. Many who tasted the reintroduced formula were not convinced that the first batches really were the same formula that had supposedly been retired that spring. This was true for some regions because Coca-Cola Classic differed from the original formula in that all bottlers who hadn’t already done so were using high fructose corn syrup instead of cane sugar to sweeten the drink.[41]

“There is a twist to this story which will please every humanist and will probably keep Harvard professors puzzled for years,” said Keough at a press conference. “The simple fact is that all the time and money and skill poured into consumer research on the new Coca-Cola could not measure or reveal the deep and abiding emotional attachment to original Coca-Cola felt by so many people.”

The company gave Gay Mullins the first case of Coke Classic.[21]


29 posted on 11/29/2012 8:25:57 AM PST by ConservativeStatement (Having an abortion is "progressive"?)
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To: Fedupwithit
Anyone know if people are actually buying this 7.00 java?

A coffee house in Columbus, Oh has a $10 cup - Jamacian Blue Mountain. Kona is a $7 cup. (Prices from about 3 years ago) They have an incredible $10,000 coffee machine that uses spring water in a 'coffee press' process.

I tried them both. While very good, it just doesn't stand out that far from their normal brew. Never bought another one.

30 posted on 11/29/2012 8:26:15 AM PST by FatherofFive (Islam is evil and must be eradicated)
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To: Arkansas Toothpick

It’d serve them right. I hope they don’t come crying to me when it happens!


31 posted on 11/29/2012 8:27:53 AM PST by LibWhacker
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To: ConservativeStatement

$7 is about enough to buy a pound of decent single origin green beans. That’s what I do and roast them myself.


32 posted on 11/29/2012 8:39:42 AM PST by bluetick (If you're going to err, err on the side of liberty.)
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To: ConservativeStatement

That’s nuts!!!

Here in Panama one can buy a good gin martini for about $4.50 or less.


33 posted on 11/29/2012 8:40:11 AM PST by Gat˙n(CraigIsaMangoTreeLawyer)
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To: ConservativeStatement

The real story her is that people are PAYING $7 for one cup o coffee. I wish I could sell coffee for $7 a cup.


34 posted on 11/29/2012 8:43:09 AM PST by Blood of Tyrants (Why is the government more concerned about protecting a microbe on Mars than an unborn baby here?)
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Support Free Republic
FReepathon Day 60.

35 posted on 11/29/2012 8:43:20 AM PST by RedMDer (Please support Toys for Tots this CHRISTmas season.)
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To: fatnotlazy

Yes...”status” symbol....especially to the Government TAKERS with their manicured nails, IPads, and expensive cars. It’s getting to be like WINE....heck, we won’t pay much more than $7 for a bottle of red wine.....a cup of coffee???? OMG...


36 posted on 11/29/2012 8:47:54 AM PST by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: ConservativeStatement

Gas station coffe is good for me.


37 posted on 11/29/2012 8:48:30 AM PST by Joe Bfstplk
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To: COUNTrecount
Early investors have done VERY well. What do you have against capitalism?

I guess ethics plays no roll whatsoever in your purchase and investment decisions? Homo agenda promoting companies -- it's all good 'cuz it's capitalism. I heard some cocaine distributors have done very well also -- return on investment just out of this world. Go for it.

38 posted on 11/29/2012 8:59:39 AM PST by steve86 (Acerbic by Nature, not Nurture™)
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To: steve86

role


39 posted on 11/29/2012 9:02:30 AM PST by steve86 (Acerbic by Nature, not Nurture™)
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To: ConservativeStatement

I can get a variety of very good coffees from small Central American produces at my local health food store ... for $9 to $11 a POUND.

$7 is a bottle of South African or New Zealand wine, on markdown, with a lot more than a CUP in each one!


40 posted on 11/29/2012 9:07:07 AM PST by Tax-chick (Are you getting ready for the Advent Kitteh?)
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To: steve86

No Starbucks found more fools!
I have never been to SB and don’t ever plan to.
$1.00 is too much for a cup of coffee let alone 5 0r 7 dollars.
Whats the saying about Fools and Money?


41 posted on 11/29/2012 9:11:13 AM PST by Conserev1
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To: Fedupwithit

Apparently $7 cups are flying out the door. The idiots are even buying up the beans at $40 per half pound as fast as they can get them.


42 posted on 11/29/2012 9:13:09 AM PST by bgill (We've passed the point of no return. Welcome to Al Amerika.)
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To: ConservativeStatement

The most expensive Starbucks drink ever costs $23.60.

It starts with a Trenta cup.

One Java Chip Frappucino ($4.75), plus 16 shots of espresso($12), a shot of soy milk(.60), a drop of caramel flavoring(.50), a scoop of banana puree($1), another scoop of strawberry puree(.60), a few vanilla beans(.50), a dash of Matcha powder(.75), some protein powder(.50) and a caramel and mocha drizzle to cap it off(.60).


43 posted on 11/29/2012 9:21:43 AM PST by yefragetuwrabrumuy (Pennies and Nickels will NO LONGER be Minted as of 1/1/13 - Tim Geithner, US Treasury Sect)
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To: COUNTrecount
What do you have against capitalism?

A lot of people these days seem to think that if they are not getting a wholesale price from a retailer, they are being ripped off.

So go ahead - fly to Los Angeles and buy 1,000 pounds of coffee beans fresh off the boat from Colombia and have them shipped to your house by truck and break them up into one pound bags by yourself and grind and use them all within two weeks before they start to go stale. You'll definitely get a better price than $7 a cup. :)

44 posted on 11/29/2012 9:34:44 AM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: bgill
Well I guess the old adage rings true once again...

'You'll never go broke pandering to the lowest common denominator..'

45 posted on 11/29/2012 10:17:13 AM PST by Fedupwithit (You gave him what he wanted. I gave him what he needed.)
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To: Mr. Jeeves
A lot of people these days seem to think that if they are not getting a wholesale price from a retailer, they are being ripped off.

A lot of people these days feel that if they are not getting the below cost price they are getting ripped off. Of course, those on the government dole are getting it for free.

46 posted on 11/29/2012 10:17:19 AM PST by COUNTrecount (Clear eyes. Full hearts. Can't fail .But We Did.)
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To: ConservativeStatement

When Starbucks CEO Howard Schultz endorsed BHO, I stopped my daily routine of buying coffee at Starbucks. That’s a reduction of about $90 a month in their revenue. Adios Starbucks.


47 posted on 11/29/2012 11:47:40 AM PST by Ben Chad
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To: ConservativeStatement

If people wanna pay 7 bucks for coffee, who am I to argue with that.

Personally I use instant coffee mixed with vanilla protein shake and some sugar free caramel syrup for a yummy nutritious caffeine and protein boost.

But I have been accused of having no taste buds whatso


48 posted on 11/29/2012 12:00:19 PM PST by GraceG
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To: ConservativeStatement
They're lining up ten deep to buy these in Seattle. It's not the coffee itself, it's the sues one must pay to belong to the club. Starbucks is a liberal mainstay.

There are Starbucks in Montana and Idaho, but I have a feeling these drinks aren't selling as well as they are at stores in BLUE neighborhoods.

49 posted on 11/29/2012 7:44:32 PM PST by Baynative
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To: COUNTrecount

Just detest their politics. Leftists bastards


50 posted on 11/30/2012 3:02:51 AM PST by veritas2002
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