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-   -   Starbucks to sell instant coffee (http://www.cigarasylum.com/vb/showthread.php?t=10223)

Wharf Rat 02-17-2009 09:01 PM

Re: Starbucks to sell instant coffee
 
Quote:

Originally Posted by novasurf (Post 241236)
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

Re: Starbucks to sell instant coffee
 
So Star Bucks instant coffee will only cost 9 dollars per cup now? :r

Mister Moo 02-18-2009 08:49 AM

Re: Starbucks to sell instant coffee
 
"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

Re: Starbucks to sell instant coffee
 
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

Re: Starbucks to sell instant coffee
 
Quote:

Originally Posted by Wharf Rat (Post 241570)
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.

Quote:

Originally Posted by mosesbotbol
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

Re: Starbucks to sell instant coffee
 
Quote:

Originally Posted by tobii3 (Post 242208)
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

Re: Starbucks to sell instant coffee
 
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

Re: Starbucks to sell instant coffee
 
Quote:

Originally Posted by Wharf Rat (Post 241570)
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

Re: Starbucks to sell instant coffee
 
Quote:

Originally Posted by germantown rob (Post 242576)
...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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