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Thread: Recession: How did it affect your coffee consumption?

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    Recession: How did it affect your coffee consumption?

    Gene Cafe Coffee Roaster $850 - Free Beans Free Freight
    Hi,

    I am interested to find out how the recession has changed your coffee consumption, or equipment purchase decision within the past 6 to 12 months. *I presume when the money is tight, coffee and other non-necessity like fine dinning can be easily substituted (ie. from café coffee to instant coffee / from fine dinning to dine at home etc).

    Please tick only once for each of the sub category:
    *- Café visit
    *- (Coffee) Equipments (Coffee cups and tea spoons doesnt fit in this category)
    *- In general


    Thank you for your participation. *
    - Hopefully there is enough interest to get a meaningful result ;D

  2. #2
    mwatt
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    Re: Recession: How did it affect your coffee consumption?

    Third hand information, but I was actually told recently by a friend (who read it somewhere or other) that café-coffee consumption in Australia has actually gone up during this GFC. No idea where they read/heard it though.

    Some of the pro-baristas that hang out around here might be able to confirm/discredit that from their own experience?

  3. #3
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    Re: Recession: How did it affect your coffee consumption?

    Yeah I heard the same thing. Seems to be linked to the fact that coffee is a cheap luxury and as people give up things like going out for dinner they increase the cheaper coffee. I believe movie ticket sales have also increased (escapism?)

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    Senior Member redzone121's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    Quote Originally Posted by 45697A7C61696457456766636D71080 link=1241910181/2#2 date=1241911513
    Seems to be linked to the fact that coffee is a cheap luxury
    Apparently chocolate sales get a boost also :)

    CB

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    Re: Recession: How did it affect your coffee consumption?

    The talk of gloom and doom doesnt seem to translate to the retail world it seems. Leaving the house at 3pm yesterday (Sat), one lane of the 3 lane main road I was one was chockers because the left lane leads to a shopping centre. The shopping centre car parks were full and cars were lined up on the main road trying to get in. Granted it was the eve to Mothers Day, the last time I saw this sort of activity in the shopping centre was the Boxing Day sales 2 years ago. Even last years boxing day sale wasnt this crazy (with the stimulus handout and all). You couldnt tell there was a recession on going by what you saw yesterday.

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    Senior Member greenman's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    The recession actually aided me in getting my Mazzer Mini as KRudd kindly gave me the $$ to do so--"thanks uncle Kev!!"

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    Re: Recession: How did it affect your coffee consumption?

    Personally I believe recession have made things cheaper for consumers. *Unless you recently lost your job, you will have more money than ever for discretionary spending. *For example, Petrol is now around $1.10 comparing to $1.90 before the recession started. *Interest rates are now at all time low etc. (although rent is still quite high :(, and public tranport is still rising *:-/)

    The only reason that would stop an average consumer from spending (ie. on going to café, new purchases etc) is in my opinion, Job Security. *I was quite worried at the beginning of the recession that I’d be made redundant, and my spending mode was pretty much on frozen, “Saving money”. *But after my company assured us, we will keep the job, it was back to the usual spending spree….and also thanks to Mr.Rudd’s $900, new coffee machine is on the way. I had a laugh

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    Re: Recession: How did it affect your coffee consumption?

    Quote Originally Posted by 203A2C39394D0 link=1241910181/1#1 date=1241911155
    Some of the pro-baristas that hang out around here might be able to confirm/discredit that from their own experience? *
    Where I work, consumption has grown steadily since the GFC hit... we are across the road from 5000 CommBank employees though... dont know what that implies *;)

    Though generally I think its an affordable luxury(debatable "necessity"), that people arent willing to give up. *Which makes total sense to me *8-)

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    CoffeeSnobs Owner Andy's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    The important 11th option is missing... What recession?

    ;)

    If you didnt read the newspapers, watch the TV news and still had a job would you even know there was (I hate using this term) an economic crisis?

    We dont have food stamps at the supermarket or restrictions on the availabilty of anything. We might all make more sensible decisions on what we buy and with any luck that translates to buying more local produced products but I think we are a long way, a very long way from the times that our grandparents lived through.

    Super fund going south? I dunno, I have 25 years before I can touch it so knowing that I spread it across a few different markets means that I dont need to see a statement for 15 years odd. At that time I can make decisions about what I should be doing with it.

    So my advice is spend less time talking/stressing about doom and gloom and enjoy the wonderful life that we have in this lucky country.

    Oh, just to get back on topic, coffee is one of the last things Ill drop!

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    Re: Recession: How did it affect your coffee consumption?

    Quote Originally Posted by 7659534E370 link=1241910181/8#8 date=1241918257
    Oh, just to get back on topic, coffee is one of the last things Ill drop!
    amen. ;D

  11. #11
    Sleep is overrated Thundergod's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    Ive been out of work now since the end of November.
    My conspiracy theory is that companies are using the "recession" as an excuse to downsize and reduce costs by hiring back (eventually) at lower rates.
    If you dont have a job right now...it IS tough.

    But as Andy said...
    Quote Originally Posted by 4D6268750C0 link=1241910181/8#8 date=1241918257
    coffee is one of the last things Ill drop!

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    Senior Member redzone121's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    Quote Originally Posted by 3925253A21400 link=1241910181/9#9 date=1241918719
    amen
    Amen to your Amen Yeeza, we have it pretty sweet alright. Have not had to stand in line with a shovel looking for half a days work yet to feed the family or wait in line for a monthly hand out of meat. Friends have told me they had NO coffee or tea either. Now thats a recession ;)

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    Senior Member Koffee_Kosmo's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    Quote Originally Posted by 6B444E532A0 link=1241910181/8#8 date=1241918257
    The important 11th option is missing... What recession?

    Wink

    If you didnt read the newspapers, watch the TV news and still had a job would you even know there was (I hate using this term) an economic crisis?
    Yep I totally agree with this

    Having said that it is a man made greed & growth cycle that repeats itself regularly

    This is a list of recession cycles from 1797 to the present

    http://en.wikipedia.org/wiki/List_of_recessions

    KK

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    Super Moderator Javaphile's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    I didnt do cafes before and still dont home is better and far cheaper. :)

    As to reducing home consumption. Unless it lasts for more than 3 years its not gonna happen. Some people saw the hard times and higher prices coming and stocked up before they hit. :)


    Java "Sitting on 400kg of greens" phile

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    Re: Recession: How did it affect your coffee consumption?


    Super fund going south? [ch65533]I dunno, I have 25 years before I can touch it so knowing that I spread it across a few different markets

    Couple of Guys I Know have lost 4-500K ages 59 and 61, not happy chappies, They need the money shortly..

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    Re: Recession: How did it affect your coffee consumption?

    I have watched my super for the last 30 years and made an adjustment to the mix before it started losing to much.
    Ive lost a little, but nowhere near what others have lost by doing nothing.
    Now Im watching for when to adjust again, to take advantage of the rise when it comes.

  17. #17
    evo
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    Re: Recession: How did it affect your coffee consumption?

    http://www.news.com.au/business/money/story/0,28323,25459768-5017313,00.html


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    Re: Recession: How did it affect your coffee consumption?

    I have been selling coffee for only 2 years full time now but this last financial year has been the busiest for me since i started parttime 4 years ago.

  19. #19
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    Re: Recession: How did it affect your coffee consumption?

    I read most of that article in this Sundays paper.
    I choked at the "Grinders cost between $50 and $200" bit.

    Maybe thats how I missed the following:

    "Andrew Freeman, who runs Coffee Snobs, an online coffee-lovers forum, said the quality of domestic espresso machines had improved dramatically."

    Very posh...........

  20. #20
    CoffeeSnobs Owner Andy's Avatar
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    Re: Recession: How did it affect your coffee consumption?


    Quote Originally Posted by 073B263D373621343C37530 link=1241910181/10#10 date=1241919052
    My conspiracy theory is that companies are using the "recession" as an excuse to downsize and reduce costs by hiring back (eventually)
    Yep. Some companies were really quick to jump at the chance to run a broom or move operations somewhere else.

    The whole Yakka/Bonds clothing saga was a good example of winding-up "an Australian legend" and going off-shore. Truth be known nearly all of their clothes were made in Bangladesh, Indonesia and China LAST YEAR, well before their "economic crisis" announcement.

    Quote Originally Posted by 073B263D373621343C37530 link=1241910181/15#15 date=1241952531
    Now Im watching for when to adjust again, to take advantage of the rise when it comes
    You might have missed it. BHP fell to $25, currently at $35 odd in 6 months... thats better than bank interest if you were "on it". (like a mug, I just watched others do well on that)

    Quote Originally Posted by 0716031A1D530 link=1241910181/14#14 date=1241947934
    Couple of Guys I Know have lost 4-500K ages 59 and 61, not happy chappies, They need the money shortly..
    Sure. My ol man (63.5 yo) would have dropped half of his lifetime super savings in the last 12 months too (I havnt discussed it with him) so I understand their pain but your "couple of guys" have only lost 500k if they pull all their super out today and I assume they wont be moving anything for at least 5 years anyway.

    If they retire in 5 years and the market is still low then dont take the lot out, just draw what they need to live... my bet is that in 5 years a fair bit of the "lost" money will be back anyway and will continue to recover unless it was spent on dodgy QLD property trusts.

    Fact is its really easy to put a negative spin on anything. If enough people appreciate the wonderful life we have and talk it up then the positive mood drives the nation forward.
    8-)
    ...besides its a far nicer to live with a smile.

    Quote Originally Posted by 213637293C3D36626162530 link=1241910181/11#11 date=1241919072
    Friends have told me they had NO coffee or tea either. Now thats a recession
    I shudder at the thought!

  21. #21
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    Re: Recession: How did it affect your coffee consumption?

    No effect really... still drinking coffee from home more than out, and have a new machine and grinder this year.

    Grant

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    Senior Member flynnaus's Avatar
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    Re: Recession: How did it affect your coffee consumption?

    Quote Originally Posted by 48676D70090 link=1241910181/19#19 date=1242094485
    You might have missed it.BHP fell to $25, currently at $35 odd in 6 months... thats better than bank interest if you were "on it".(like a mug, I just watched others do well on that)
    Ditto with Mac Bank and CBA. Luckily the missus bought up on some CBA shares when they were down to $25.

    Still plenty of good opportunities.

    Quote Originally Posted by 48676D70090 link=1241910181/19#19 date=1242094485
    Fact is its really easy to put a negative spin on anything.If enough people appreciate the wonderful life we have and talk it up then the positive mood drives the nation forward.

    ...besides its a far nicer to live with a smile.
    Hear, hear. Perception is a very strong driver of the current scenario.

    Still, it would broaden my smile a bit more if some of the greedy sharks that contributed to the sub-prime fiasco are currently doing it tough.

    Back on topic: my coffee consumption has been unaffected.

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    Re: Recession: How did it affect your coffee consumption?

    Recession what recession. My Super has taken a bit of a belting and my shop turnover is more patchy but still within spitting of last years figures. Has it changed my coffee (and Syphon ::) ) buying not in the slightest. Things to be trimmed will be the winter escape down to 3 weeks from 4 and an expensive weekend to NSW downsized a little but life goes on.

    Importantly much as the media might like it otherwise most of us still have a roof over our heads and food we brought on our tables. I am sure they would love to report on soup kitchens and beggars on every street corner >:(

    If we cant afford that 60" plasma on the never never it is most likely a good thing for those who forgot the lessons of the last recession the odd punch in the nose is not a bad thing :)

    For those out of work my sympathys and I hope you are sticking pins in the management and greedy bas!@#$ dolls who most likely kept there jobs >:(

    Time for a Yemen and to heck with the expense 8-)

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    Re: Recession: How did it affect your coffee consumption?

    Recession??
    The IT Dept. is busier than ever, 55+ hrs per week is starting to wear very thin indeed.
    Our company has already invoice 95% of projected earnings for the current financial year and that was back at the end of March.
    They just won a project to the value of fees worth 11 mil and the onflow effect of that interms of new potential work has already started.

    I have to agree with Andy on this one though, its a way for business to brush clean and keep costs down. Our std company line is no pay rises this year because of the recession etc. despite beating their profit targets already.

    Mmmmmm..

  25. #25
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    Re: Recession: How did it affect your coffee consumption?

    Ive stopped buying cofffee from cafes and switched to a home kit as this will save me money in the long run - and once I know what I am doing it will taste better as well!

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    Re: Recession: How did it affect your coffee consumption?

    Quote Originally Posted by 4E54425757230 link=1241910181/1#1 date=1241911155
    Some of the pro-baristas that hang out around here might be able to confirm/discredit that from their own experience?
    I would actually agree with that statement. The GFC has had no effect on coffee sales at the espresso bars that I work at...in fact, sales have gone up.

  27. #27
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    Re: Recession: How did it affect your coffee consumption?

    Recession, What recession. I work in the road machinery manufacturing industry and we have orders for the end of 2010. Some of those are from Pacific Island countries. It seems that all the Governments are putting a lot of money into road construction.

    As for my coffee habits I still drink at home and dont go to cafes much nothing has changed there.

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    Re: Recession: How did it affect your coffee consumption?

    Behmor Brazen - $249 - Free Freight
    Irrespective of a recession... I always plan to upgrade where coffee is concerned. But my next machine is a long leap from where I am, and needs a custom built house first, and a bit of three phase for the matching grinder.

    Seriously though, in my case it went from buying roasted coffee regularly, to roasting a lot myself. Initially this didnt really reflect in saving money - it meant lots of experiments, but now, I am. But oddly enough, Im spending it on more greens and more experimentation. :P



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