Most OverPriced (OverValued) Beer?

I like Prairie BOMB but its way over priced....its like $8-$9 for a 12 oz bottle.

 

Wow! My favorite bottle shop in St. Louis carries it at $5.99.

 

I agree, love the beer but there are a lot of better options at that price.

 

To determine whether a beer is over-priced or under-priced one would have to study how incremental price changes affect the demand. That said, most craft beers would see no change in demand if the price was raised a tad because too many people are willing to fork out the extra cash for the "higher quality". So, to Sweatshirt's point, most beers are in fact under-priced.

 

To answer the question of the thread though... I am surprised how much Ballast Point has been able to raise their prices. I think there are several beers of equal quality that are a better value. Hop Stoopid bombers are 4.99 in most of California. The best value going right now, in my opinion.

 

Yeah, I know what you mean. I wish that the price of everything would go up, not just beer. I am looking forward to being impoverished in my retirement years...

OK, so when I read your original post and you said “ If its too much for you or you cant afford it, don't buy it,” I was with you, except for your use of apostrophes (or lack thereof). But when you said, ”Many breweries need to raise prices,” I thought it was a silly statement… hence my snarky answer. I have never heard a consumer suggest that prices be raised on anything before. It would not be good for companies to do so and it wouldn’t be good for the consumer. Raising the price of beer for no reason would be price gouging. I am not sure of your thought process about this because you didn’t elaborate.

So, what I think the discussion in this thread is really about (or has changed to) is value… what is the best product for the best price.

No, I am not buying beer that will put me in the poor house, but I don’t like paying an exorbitant amount even though, I could easily afford it. I have other things to buy… like whiskey. So, I may treat myself sometimes with expensive beer, but mostly I am going for value.

Nothing is wrong with this thread IMO.... it is a viable conversation.

 

Overpriced for me is basically anything from the Woodcut series.

 

Brooklyn Black Ops

 

There is a reason to raise prices. When an item sells out near instantly and sells for 3x msrp on 3rd party sites, the breweries involved need to raise prices. Demand is far outweighing supply. There is an easy fix. I will pay more for a more balanced supply demand.

The breweries will make more money, the consumer will be able to buy the product they want. Its a win win.

 

Dark Lord! $40 for the ticket, $20 for each bottle and don't forget those DL donuts as you wait to get in.
Hope to get tickets this year!!

 

You left this part out of your Wikipedia quote:

"Usually this event occurs after a demand or supply shock: common examples include price increases of basic necessities after hurricanes or other natural disasters. In precise, legal usage, it is the name of a crime that applies in some jurisdictions of the United States during civil emergencies."

 

HopSlam is a beer that IMO peaked years back but still continues to test the limits of dollar per ounce.

 

I second that sir

 

Mikkeller is expensive but very good----have had quite a few on growler and between two drop 50-60 for the experience.
It can be cheaper by the growler than by the bottle by a few dollars, but still pricey. Same for Prairie....25 plus a growler and 12 for a bottle....it can be cheaper by the growler, but good grief.....then again I am willing to pay it for quality brew as are many of the BA's here.

 

I think Lagunitas is the perfect balance of quality/quantity/cost.

 

They're not $40, they're $30. BA Speedway, BA Wee Heavy, BA Olde Ale, BA Old Numbskull, all $30. $10 makes a huge difference. The Bruery on the hand, if youre not a society member, beers like Chocolate Rain and Mocha Wednesday are $40.

 

Maybe in CA, here I've seen them priced anywhere from 35 to 40.. Either way knowing barrel aging a beer increases its price by 300-400% makes it overpriced to me.

 

OK, fair enough, I see your point. I don't necessarily agree with you but the rationale is there.

The problem to me is that other companies could follow suit, upping the costs of their beers as well. It could potentially become a trend that hurts consumers. Yeah, you could still argue, "if it costs too much, don't buy it," but it would still be unfair IMO.

I'm sure that price structures and demand are all accounted for by any shrewd company... finding that sweet spot between pricing and moving their product....

Well, enough on that for me..... Cheers!

 

Michelob Ultra - It's cheaper to pour water in the cat's litter box, for about the same results

 

Pliny not in your top 50 IPA???? Stop now.