Coffee Memo | Rob Talks Moving Market and the T Word Ep. 20

Coffee Memo | Rob Talks Moving Market and the T Word Ep. 20

Takeaways * We've had price movement down, which is great for roasters. * Caution is warranted in the current market. * We have very smart people here at Covoya. * It's very frustrating for everyone involved with tariffs. * Coffee will be exempt from new tariffs...for now. * Hope is not a strategy for pricing decisions. * Look at the market through your operating budget. * Start looking at the market through the lens of your business.     Part of The Covoya Coffee Podcasting Network [https://www.covoyacoffee.com/podcast]   TAKE OUR LISTENER SURVEY [https://www.surveymonkey.com/r/9Z2WF6C]   Visit and Explore Covoya! [https://www.covoyacoffee.com/]

Extra Shot | Update on Coffee Consumer Behavior Ep. 16

Takeaways * 59% of coffee drinkers changed at least one coffee buying behavior. * Overall daily coffee consumption remains steady at 66%. * Specialty coffee consumption increased from 55% to 58%. * Daily use of espresso machines at home increased from 10% to 13%. * Convenience often outweighs quality in coffee preparation. * 29% reported their financial situation worsened over the last six months. * 37% of Americans are dining out less frequently. * Diners are looking to spend less money when eating out. * Coffee drinkers are reducing purchases from cafes and restaurants. * Coffee roasters can adapt to changing consumer preferences.     Part of The Covoya Coffee Podcasting Network [https://www.covoyacoffee.com/podcast]   TAKE OUR LISTENER SURVEY [https://www.surveymonkey.com/r/9Z2WF6C]   Visit and Explore Covoya! [https://www.covoyacoffee.com/]

Coffee Memo | Rob Talks El Nino Ep. 19

Takeaways * Weather is a powerful and often misunderstood aspect of the coffee industry. * El Niño and La Niña significantly influence coffee production and market dynamics. * The impact of weather on coffee is not uniform; it varies by region and time. * Coffee trees require specific weather conditions at critical growth stages. * Understanding weather patterns helps in assessing risks in coffee production. * El Niño can create both risks and opportunities for coffee growers. * Regional data is crucial for understanding the specific impacts of weather on coffee. * Having a contingency plan is essential in coffee. * The conversation emphasizes the importance of separating signal from noise in weather-related news.   Part of The Covoya Coffee Podcasting Network [https://www.covoyacoffee.com/podcast]   TAKE OUR LISTENER SURVEY [https://www.surveymonkey.com/r/9Z2WF6C]   Visit and Explore Covoya! [https://www.covoyacoffee.com/]

Straight Up | World of Coffee Recap Ep. 3

Takeaways * Coffee people are the best people. * The World of Coffee event had many highs and almost no lows. * The inaugural Covoya Coffee Crawl was a huge success. * Exploring San Diego's coffee scene was a highlight. * Community connections are vital in the coffee industry. * The sense of community at coffee events has evolved over the years. * Old school latte art throwdowns bring back great memories. * The overwhelming nature of big events can lead to a loss of personal touch. * Smaller gatherings can foster deeper conversations and connections. * Memorable moments often come from unexpected encounters at events. * Support from organizations like Roast Magazine is vital for community events.     Part of The Covoya Coffee Podcasting Network [https://www.covoyacoffee.com/podcast]   TAKE OUR LISTENER SURVEY [https://www.surveymonkey.com/r/9Z2WF6C]   Visit and Explore Covoya! [https://www.covoyacoffee.com/]

The Exchange | Roasters Entering Retail Ep. 50

Takeaways * Entering retail can make or break your business. * FOMO should not be the reason to enter retail. * Retail can distract from core competencies. * Creative alternatives to retail. * Engaging with the community is crucial for success. * Staffing is a major challenge in retail. * A merchant's heart is essential for retail success. * Understanding the costs of retail is vital. * Food can bleed money in retail. * The best cafes have a narrow focus. * Retail is incredibly competitive today. * Have a clear concept and plan. * Don't leave any stone unturned in planning. * Never do a handshake deal for business agreements. * Streamlined operations lead to better profitability. * Experience in retail is crucial for roasters.     Part of The Covoya Coffee Podcasting Network [https://www.covoyacoffee.com/podcast]   TAKE OUR LISTENER SURVEY [https://www.surveymonkey.com/r/9Z2WF6C]   Visit and Explore Covoya! [https://www.covoyacoffee.com/]