Starbucks Reinvents Instant Coffee
Each 3.3-gram packet of VIA makes an 8-ounce cup of Joe.
Which is how VIA Ready Brew came into being, ready for its rollout next week in Seattle and Chicago. Instant coffee has long had a poor image in the US (a paltry $700 million in sales), but it's a $17 billion market in the rest of the world, thus a tempting target for Starbucks. The initial flavors--a robust Italian Roast and a smooth Columbia--stand up surprisingly well to their fresh-brewed counterparts.
Will consumers pay a buck for a shot of instant? Hard to say, but 10 or 15 years ago the whole notion of $5 coffee was absurd. The "affordable luxury" of a latte seems less affordable today, but the desire for instant gratification remains.
UPDATE: Howard Schultz wrote an essay for Huffington Post titled "Staying Real in an Instant." Read it here.
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