View Full Version : Starbucks to sell instant coffee
Starbucks seems to think they can solve their slipping profits by selling $1/cup instant coffee. The one thing they have going for them is that instant coffee drinkers are obviously willing to drink bad coffee:r
http://money.cnn.com/2009/02/13/news/companies/starbucks_instant.fortune/?postversion=2009021312
Commander Quan
02-13-2009, 01:16 PM
The one thing they have going for them is that instant coffee drinkers are obviously willing to drink bad coffee:r
So are Starbucks drinkers :D
fxpose
02-13-2009, 01:21 PM
So are Starbucks drinkers :D
Absolutely. So, for me, instant coffee is most welcomed.
Besides, I go there for the free wi-fi, not their coffee....:D
ucla695
02-13-2009, 01:44 PM
And they wonder why their business model is struggling…:ss
poker
02-13-2009, 02:12 PM
Their coffee sucks @ss
DrDubzz
02-13-2009, 02:37 PM
Their coffee sucks @ss
:tpd:
omowasu
02-16-2009, 05:23 PM
Ugh... it seems like a major step down to sell instant coffee. I am not aware of any way that the fats/oils in brewed coffee can remain fresh through the instant coffee process (which is to brew the coffee and remove the water, leaving dried coffee mass)...
Unless Starbucks is actually using a superfine grind similar to Turkish coffee and nitrogen packing it? Of course, it would then be called Turkish coffee and not Via.
Instant coffee and Turkish style coffee are not "transformational", nor are they innovative. They have already been done hundreds of times over. And anyone who wants a quick Starbucks fix can always grab one of their other several portable coffee options...
groogs
02-16-2009, 10:28 PM
Their coffee sucks @ss
:tpd: But my wife loves it, go figure.:confused:
King James
02-16-2009, 10:59 PM
I highly doubt people that like real coffee will switch to instant and don't know that they are going to win over the foldger's drinkers. I don't think they will leave their instant coffee at home to drive and pay more for starbuck's instant coffee.
smokeyandthebandit05
02-17-2009, 12:00 AM
I personally think Starbucks tastes burnt and the only way Im drinkin them is if someone else is buyin or Im desperate for a cup of coffee. Personally to me Starbucks tastes burnt and just not good, I would rather take a cup of Dunkin Donuts over Starbucks. At least they are fresher. Even better honestly is quick check with their 15 or 20 min guarantee on fresh coffee and even better I get to add my own sugar and milk so if I make a crappy cup I have noone to blame but myself for messin up
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Ace$nyper
02-17-2009, 12:01 AM
And it still costs more then a good cup of coffee at home
bravo.
smokeyandthebandit05
02-17-2009, 12:04 AM
EXACTLY F Starbucks!!!!!!
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DrDubzz
02-17-2009, 12:33 AM
I personally think Starbucks tastes burnt
:tpd: charbucks is awful, yet I know people who won't drink anything else
I think their tastebuds don't know how to process actual coffee flavor, only char
Hot Stuff x
02-17-2009, 03:12 AM
Most of the people I know who like starbucks coffee drink it with a ton of added shite, such as cream, flavored syrup, sugar syrup, etc. , with whipped cream and sprinkles. After all that, it's doesn't really taste like coffee anymore.
tobii3
02-17-2009, 05:48 AM
yeah, I know!!!
People spending 3 or 4 bucks for a cup of coffee!!!
I mean come on, my hoo-gee-wah coffee "machine" at the house only cost me $1200 and I can make a better cup using my $27 a pound green coffee beans that I roast at home in my $119 home roaster that I ground this morning in my $47 burr grinder........
:r:r:r
Cigary
02-17-2009, 06:03 AM
I personally think Starbucks tastes burnt and the only way Im drinkin them is if someone else is buyin or Im desperate for a cup of coffee. Personally to me Starbucks tastes burnt and just not good, I would rather take a cup of Dunkin Donuts over Starbucks. At least they are fresher. Even better honestly is quick check with their 15 or 20 min guarantee on fresh coffee and even better I get to add my own sugar and milk so if I make a crappy cup I have noone to blame but myself for messin up
----------------
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For sure,,,it's not that I hate Starbucks coffee but rather the coffee just isn't worth the price point at which they sell. I stopped drinking their regular coffee along time ago and only drink the frappacinos on rare occasions. I don't see how people can afford to drink their coffee every single day to the tune of $4 to $5 a cup,,,that's over a $100 a month and I know of a few gourmet coffee places where that would last you over a year in amazing coffee beans.
Starbucks Instant Coffee,,,,c'mon now,,seriously!:hn
mosesbotbol
02-17-2009, 07:20 AM
We should not forget that much of the world drinks instant coffee. Even in many coffee growing regions, Senka and Nescafe are the defaults if one asks for "coffee". Brewing coffee like we do may actually be the minority if looking at this from the macro bird's eye view.
There's such a huge market for instant coffee and the Starbucks; name (and hopefully decent taste) could make this product hugely successful for Starbucks.
This could be the shot-in-the-arm Starbucks needs in this economy; especially in Asian and other emerging markets.
omowasu
02-17-2009, 05:37 PM
I dont drink Charbucks coffee regularly, but when I have, it has never been 4.00 or 5.00 per cup. Their regular roast of the day and staple Pikes Place (not as burnt/dark) are $1.69 for a "Grande" (medium in the small-med-large comparison).
The only items I have seen in the 4.00-5.00 range are the frappucinos, mochas, etc.
Are there seriously Starbucks around charging 4.00 for a plain old cup of coffee?
novasurf
02-17-2009, 07:27 PM
There is a moderate risk in what they are doing. But I think they got it right. The global market for instant is $17 Billion. :ss
ChicagoWhiteSox
02-17-2009, 08:45 PM
hahaha i will never drink there coffee
Wharf Rat
02-17-2009, 09:01 PM
There is a moderate risk in what they are doing. But I think they got it right. The global market for instant is $17 Billion. :ss
I sold my Starbucks stock today. This is a classic case of destroying a valuable brand name. IMO, anyway.
Bob
KidRock
02-17-2009, 09:12 PM
So Star Bucks instant coffee will only cost 9 dollars per cup now? :r
Mister Moo
02-18-2009, 08:49 AM
"Vivek Varma, senior vice president of public affairs, told employees in an e-mail that Via will "absolutely replicate the taste of Starbucks coffee..."
Too bad. You'd think they would seize the opportunity to set their sights a wee bit higher. :r
mosesbotbol
02-18-2009, 08:56 AM
I think the instant coffee is a great idea for Starbucks. Perhaps they won't market it as heavily in USA? Starbucks should have a product available to those where instant is the only option.
Starbucks must be in every market and category that involves coffee.
tobii3
02-18-2009, 09:04 AM
I sold my Starbucks stock today. This is a classic case of destroying a valuable brand name. IMO, anyway.
Bob
At a WHOPPING $9 a share....ha ha ha
Funny, almost everyone here is trashing instant coffee, but a quick review of Nescafe stock (Nestle) is currently $31 a share.
Even in many coffee growing regions, Senka and Nescafe are the defaults if one asks for "coffee".
So.....about that Instant coffee???
:r
And moses is right - it was EASY to get Nescafe THROUGHOUT Central and South America.
Hell, we have Nescafe Machines in the mess halls in Kuwait!!!
:r:r:r
Wharf Rat
02-18-2009, 11:21 AM
At a WHOPPING $9 a share....ha ha ha
Funny, almost everyone here is trashing instant coffee, but a quick review of Nescafe stock (Nestle) is currently $31 a share.
:r:r:r
It's true that Starbuck's stock price is much depressed and I decided to move on to where I think I have a better chance of making money. However, the price of a stock depends on the number of shares outstanding, company size and other factors. So, a direct comparison between the price of Starbuck's and Nestle stock is meaningless.
Bob
germantown rob
02-18-2009, 12:57 PM
I don't think most people give a crap what their coffee tastes like as long as it is warm and gives them that comfort feeling. Hell my sister in-law makes me buy chicory for the coffee I roast for her to French roast, in my opinion chicory was a way to stretch coffee in hard times not something to do by choice, but to each their own.
Never seen a $5 cup of coffee any where but I certainly won't touch the $.10 stuff. As far as expensive espresso drinks go I will pay the $5 for a double shot and skip the $2000 start up cost and the insanity that is sure to follow.
novasurf
02-18-2009, 05:04 PM
I sold my Starbucks stock today. This is a classic case of destroying a valuable brand name. IMO, anyway. Bob It's all right. But do back up the truck if they hit $8.
tobii3
02-18-2009, 05:14 PM
...in my opinion chicory was a way to stretch coffee in hard times not something to do by choice, but to each their own.
That brings back a great memory...well, not exactly "great"...
Good friend of mine down in LA made some "coffee" when we were down there for JRTC in '07.
little cream, little sugar.....slurp........BLECCCCCCCCCCCCCCCH!!!!!!!! !!!!! so THAT'S what chicory tastes like!!
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