If you’ve read my post How to Treat Yourself but Still Be Frugal, you know that I’m saving over $1,000 a year by purchasing and making my own Starbucks iced coffee at home instead of buying a venti iced caramel macchiato every day. I may be saving a lot of money, but my dad made a good point: you may be paying about $.50 to make an iced coffee at home but imagine how much money it costs Starbucks to make that same iced coffee. It made me wonder: am I still getting ripped off?
I did a little research. Unfortunately, I couldn’t find any information on how much Starbucks actually pays for their coffee. However, I was able to shine some light on why their coffee is so expensive.
There are a few factors as to why Starbucks’ coffee is so expensive. I read about them in this article from NBC. Starbucks offers good benefits to their employees, and they have to pay to offer these great benefits. They also have to brew fresh coffee every couple of hours, which means they could be pouring multiple gallons down the drain, which is basically throwing money away. They also have good quality coffee. It isn’t some generic coffee beans they use. We also have to remember that Starbucks has to make a profit, otherwise they wouldn’t be where they are today.
We may not know how much is actually costs to make a cup of coffee at Starbucks, but what we do know is that they are so good.
When it comes to comparing the two biggest coffee chains in the country, Starbucks and Dunkin’ Donuts, there’s a reason I am now a die-hard loyal customer to Starbucks.
First, they are EVERYWHERE. I think there are about 10 Starbucks within a five-mile radius of my house. How convenient is that? My favorite part of their many locations is that there is one in almost every Target and Kroger, which just so happens to be the only two places I do my shopping.
Second, they have so much variety!! They have coffee, espresso, frappuccinos, teas, lemonades, smoothies, and an assortment of sandwiches, salads, and bakery goods. There is always a drink or snack that sounds good to me when I go there.
Also, the ambiance of every Starbucks is so peaceful. It smells like coffee (who doesn’t like the smell of coffee?!), the lighting is pleasant, and the furniture and décor is so homey. I can, and have, go to Starbucks and sit there for hours, all I need is my MacBook or a book. Another convenient thing is that they have outlets EVERYWHERE, so you can charge your device wherever you’re seated.
Once last thing is their customer service; it’s fantastic. Almost every barista I’ve ever encountered was sweet and kind, and happy to make any modifications to my drink of choice at the time. They’re usually pretty quick making my drink or grabbing my snack, too. Compared to Dunkin’, Starbucks takes the absolute cake in customer service.
Starbucks may potentially be a rip-off when it comes to the price of their drinks, but it’s totally worth it due to the variety, ambiance, and convenience of the company.
What’s your favorite coffee shop? Is it a chain or mom & pop shop, and why are they youre favorite?