They furthered there has been no marketing because they are supply constrained and have no idea how big this market can be. Sales are much stronger than originally anticipated.
If you enjoy the content at iBankCoin, please follow us on Twitter
© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy
Next, they will figure out a way to produce coffee in a powdered form that you could stir into hot water without any extra equipment. Nescafe for $2 per cup.
Starbucks has instant coffee already, and it is very good. The only instant coffee I have ever been able to drink, back when I used to drink coffee, that is. Now it’s Oolong all the way, baby. LOL
I know about Via. I’m ragging on SBUX about the k-cups and powdered coffee, because SBUX used to go into detail about all the things that had to be done just so to make a good cup of coffee.
Oh okay, I missed that.
My personal opinion is that people are going to go with whatever is the closest to natural. Coffee beans, loose tea and cast iron.
We are going to go backwards from here on out.
You can see it all over the place.
I agree with you though, they are pretty much hypocrits (Starbucks, and Teavana will be, too).
I like French Market coffee better than Starbucks, actually. It is half coffee, half chicory, and has half the caffeine as regular coffee. During the depression coffee was expensive, so everybody cut their coffee with chicory. Now to find out, chicory is chock full of nutrients, and taste good. And now that everybody knows this, chicory isn’t quite so cheap anymore. And French Market coffee is kind of a specialty coffee. At least where I live now, it is.
People are sick of being sick. Sick of prescription drugs. Sick of the FDA and processed foods. They are becoming sick of being sick. So, they will no longer be looking for convenience, they will be looking for wholesomeness.
If there is a market right now for the prepackaged individual coffee packs, it will not be for the long term. People will be brewing fresh ground coffee beans on the stove, and loose tea in their passed down teapots, as their grandparent did, once again.
I have to disagree with Starbucks here on this one.
What country do you live in?