Skip to comments.Starbucks sells $7-a-cup coffee
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 giants new Costa Rica Finca Palmilera, its most expensive offering ever and also one of its rarest. The coffee is part of the companys Reserve line and costs $7 for a grande cup.
(Excerpt) Read more at chicagotribune.com ...
All I can say there had better be some Jameson or Bailey’s in that cup if I am going to pay $7.
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.
Jimmy Kimmel has a hysterical ‘taste test’ segment on this posted at ‘The Blaze’...
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.
Anyone know if people are actually buying this 7.00 java?
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)
Starbucks is merely a business. What is truly dismaying is that there are people willing to pay $7 for a cup of coffee.
Not to me they won’t.
In fact, I have NEVER bought anything from Starbucks.............
And I thought my purchase of “Chock full o’Nuts” on sale for $2.50 was a bargain. :-)
I won’t pay $7 for a margarita, much less coffee.........
The dimocrats are hoping the $7 cup of coffee will go right along with $7 a gallon gasoline.
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.
I can remember when a cup of coffee was 25 cents and so was a gallon of gasoline.
I can remember when a cup of coffee was 25 cents and so was a gallon of gasoline.
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?
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.
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.
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?
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.
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.
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.
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!
“I don’t think we have time for a hand job Joe...”
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.
Through Wikipedia, I came across this entry:
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”. The company hotline received 31,600 calls in the two days after the announcement.
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.
“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.
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.
It’d serve them right. I hope they don’t come crying to me when it happens!
$7 is about enough to buy a pound of decent single origin green beans. That’s what I do and roast them myself.
Here in Panama one can buy a good gin martini for about $4.50 or less.
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.
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...
Gas station coffe is good for me.
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.
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!
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?
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.
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).
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. :)
'You'll never go broke pandering to the lowest common denominator..'
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.
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.
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
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.
Just detest their politics. Leftists bastards