A Starbucks Grande Caramel Frappuccino is typically listed at around $5.65 on the chain’s menu boards. These days, many customers pay about half that price.

For a grande-size brewed coffee, same deal: An average listed price of $3.65 rings up more like $1.83 with a buy one get one free offer.

After largely ignoring special deals for decades, Starbucks is now often selling coffee at a discount. The world’s largest coffee chain is trying to bring back lapsed customers, betting big on BOGO offers, supersize perks for loyalty members and other deals.

The company ran promotions for about half the month of May, according to documents viewed by The Wall Street Journal. This month, for the first time in more than a decade, Starbucks began offering bundles of coffee and breakfast food starting at $5.

“50% off a drink. It’s on,” Starbucks said in a recent email to customers. “Keep checking the app all summer for more deals heading your way.” Surging inflation over the past several years is now spurring more Americans to rethink their spending on everything from food to furniture. Some consumers have been reconsidering their Starbucks habit. The average price for a grande brewed coffee earlier this year was $3.65—49% above 2020 levels, according to the market-research firm Technomic, which tracks prices at the chain. The chain’s U.S. traffic dropped 7% in the three months ended March 31 from the prior year, the biggest quarterly decline since at least 2010, Starbucks said. Its active loyalty-rewards users decreased by 1.5 million between Dec. 31 and March 31. This is why they are doing 50% deals to increase store traffic.

In this episode, we speak with Ph.D psychologist Ayelet Schafir Hirshfeld, owner of DiversITUS , a clinical psychologist practice in CA. They work with businesses, families and individuals. We cover: 1. Why people may still not want to gather with others in public spaces or events. 2. Why some employees want to remain at home and work virtually, post covid. Could it be fear of getting sick or convenience. 3. What potential trauma people can be carrying around post covid (i.e. fear of death), similarities to PTSD. 4. What could be leading people to wear masks in open air environments and using them while alone in a car. 5. The difference between a PTSD that is man made as a result of war vs one made through a natural disaster, like a flood. Some say covid was man made, some say it was natural. 6. We discuss the push back by millions on mandates by employers and by government on vaccine and mask requirements. You can connect with Dr. Ayelet Hirshfeld @ Website https://www.diversitus.org/

Linkedin https://www.linkedin.com/in/ayelethirshfeldphd/