19 min listen
1086 Madeleine Longoria Garcia - Navigating Pricing In The Coffee Industry - The Daily Coffee Pro Podcast by Map It Forward
1086 Madeleine Longoria Garcia - Navigating Pricing In The Coffee Industry - The Daily Coffee Pro Podcast by Map It Forward
ratings:
Length:
23 minutes
Released:
Apr 26, 2024
Format:
Podcast episode
Description
This is the 5th episode of a five-part series on The Daily Coffee Pro by Map It Forward Podcast, hosted by Map It Forward founder, Lee Safar.Our guest for this series is US-based industry veteran, Madeleine Longoria Garcia. Having returned from the SCA Expo in Chicago, this series is focused on exploring 'The Conversations We're Not Having in Coffee That We Should Be Having". In this final episode of the series, Madeleine and Lee discuss the critical business aspects of pricing in the coffee industry. Starting from an engaging and lengthy discussion about the industry that began early in the evening, they delve into the most asked question in coffee forums and threads: 'How much should I be selling my coffee for?' Madeleine, a small business owner and roaster, shares insights on assessing production costs and determining product pricing. The conversation also covers strategies for businesses to have transparent discussions with consumers about price increases, emphasizing the importance of understanding and communicating the true costs of producing coffee. Additionally, they touch on the challenges and impacts of market dynamics, cost of living changes, and the importance of fostering strong relationships with customers for business sustainability. The episode concludes with an invitation for listeners to connect and share the podcast, amplifying the need for ongoing dialogue within the coffee community about business practices and consumer expectations.00:00 Intro00:41 Diving Deep into Coffee Pricing Conversations01:20 The Critical Question: How Much Should Coffee Cost?02:01 Understanding and Communicating Costs in the Coffee Industry05:43 The Challenge of Pricing in a Consumer-Driven Market06:06 Navigating Price Increases and Consumer Expectations13:10 The Importance of Transparency and Communication19:55 Concluding Thoughts and Where to ConnectConnect with Madeleine Longoria Garcia here:https://www.linkedin.com/in/madeleinelg/ https://www.instagram.com/madeleine.mlg/ •••••••••••••••••••••••••••••••• The Daily Coffee Pro by Map It Forward Podcast Host: Lee Safar https://www.mapitforward.coffee https://www.instagram.com/mapitforward.coffee https://www.instagram.com/leesafar ••••••••••••••••••••••••••••••••? This episode is brought to you by Map It Forward's revised on-demand online workshop "It's Time to Become a Coffee Consultant" available now on our website with additional new bonus material including the coffee consultant career map. Get more details on how you can create an alternative revenue stream today at https://mapitforward.coffee/workshops ••••••••••••••••••••••••••••••••?Support this podcast, watch this episode without sponsor messages by becoming a paid member of this youtube channel or joining our community on our Patreon here: https://www.patreon.com/mapitforward ••••••••••••••••••••••••••••••••? Looking for a consultant for your coffee business? Contact us here: https://mapitforward.coffee/consulting ••••••••••••••••••••••••••••••••? Want to become a coffee consultant? Start your learning journey here: https://mapitforward.coffee/workshops••••••••••••••••••••••••••••••••? Check out the audio version of our podcast here:Apple Podcasts: https://apple.co/3LgSXio Spotify: https://spoti.fi/34ILPus Google Podcasts: https://bit.ly/34mzcVV Stitcher: https://bit.ly/3J2sOSg ••••••••••••••••••••••••••••••••? Watch the podcast on Youtube: https://bit.ly/3ouyFYW ••••••••••••••••••••••••••••••••Connect with us:? email: support @ mapitforward.org? Website https://mapitforward.coffee/contact ? Instagram: https://www.instagram.com/mapitforward.coffee/ ? Join our mailing list: https://mapitforward.coffee/mailinglist ••••••••••••••••••••••••••••••••
Released:
Apr 26, 2024
Format:
Podcast episode
Titles in the series (100)
#799 Judy Ganes: Availability of Coffee in 2023 | The Daily Coffee Pro Podcast: This is the 2nd in a 5-part series with Judy Ganes from J Ganes Consulting. In this series, Judy and Lee explore the theme " The Year Ahead in Coffee" addressing subjects including the pricing, availability, and economics of coffee in 2023. by The Daily Coffee Pro Podcast by MAP IT FORWARD