Starbucks Exposed: Earnest Mann Reveals Shocking Coffee Markup!
Manage episode 394148065 series 3486082
Unveiling the Starbucks Markup: The Ernest Mann Show
Brewing Insights into Coffee Economics
Hello, everyone! It's Ernest Mann here, diving into a Monday conversation sparked by Eric from St. Paul, Minnesota. Today's buzz? Starbucks coffee. I'm peeling back the layers on their pricing and more. Big thanks to Eric for stirring up this topic and for the coffee!
My Coffee Adventures: Beyond the Starbucks Experience
I'm a simple coffee lover, favoring the gravity drip method with black, no-sugar coffee. However, when it comes to guests, I switch gears. Take the time Scott visited; I whipped up a Starbucks-style macchino fuino (or my cheeky term, 'crappuccino'). He was blown away, even joking about the price being $7.50 - which, spoiler, is Starbucks' price for such a drink.
Starbucks' Hefty Markup: A Real-Estate Venture in Disguise
Here's the kicker: my homemade version cost around $1.11, exposing Starbucks' massive 576% markup. But wait, it gets deeper. Starbucks, at its core, is a real-estate juggernaut, focusing on retail space value. So, when you're sipping on that frappuccino, remember, it's not just coffee you're paying for.
Ernest's Take: Choosing Value Over Convenience
Now, you might think, "Why should I care?" Well, this is crucial info, especially if you're budget-conscious. As for me, I've never spent a dime at Starbucks. I stand firm against being overcharged, even if it's just for a basic black coffee.
Until next time, this is Ernest, raising a mug to your health, wealth, and smart coffee choices!
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