The 'How Much is Your Coffee Addiction Costing You?' consumption chart tracts how much frequent cafe visitors are spending annually in the UK on cups of coffee. The chart created by Buddy Loans offers numbers, illustrations and graphs to showcase how spending money on a daily cup of coffee could be a habit you might have to rethink if you're looking to save money.
Buying coffee everyday from a shop easily adds up with Starbucks being one of the largest companies capitalizing on the habit according to the infographic. But if you're looking to save money, the chart also shares a variety of tips and tricks to reduce costs such as cutting down on the coffee size, eliminating buying accompanying snacks, stick to regular brew and even investing in an at-home coffee maker.
Coffee Consumption Charts
This Infographic Tracks How Much a Coffee Shop Habit Costs
Trend Themes
1. Reducing Daily Coffee Consumption - Opportunity for coffee companies to introduce low-cost alternatives or smaller portion sizes for customers who want to cut down on daily coffee expenses.
2. Home Coffee Brewing - Opportunity for coffee machine manufacturers to create affordable and easy-to-use at-home coffee makers as more people look for ways to save money on coffee shop visits.
3. Coffee Expense Tracking - Opportunity for financial technology companies to develop apps or tools that help individuals track their coffee expenses and identify opportunities for saving money.
Industry Implications
1. Coffee Shop Industry - Disruptive innovation opportunity for coffee shops to offer smaller portion sizes or affordable coffee options to cater to cost-conscious customers.
2. Coffee Machine Manufacturing Industry - Disruptive innovation opportunity for coffee machine manufacturers to create innovative and cost-effective at-home coffee makers that compete with regular coffee shop visits.
3. Financial Technology Industry - Disruptive innovation opportunity for financial technology companies to develop digital tools or apps that help individuals manage their coffee expenses and make informed decisions about their spending habits.