As the weather gets warmer, our world gets crazier! China took a beating by a prolonged winter storm, then a deadly earthquake, now flooding in the south, most of the tea growing regions are affected during this spring. As we all know or suspect, price of tea will go up, Dan Cong prices are already up 25 to 35% before the flood, I'm afraid to make that phone call after the flood.
I think we vendors are most interested in is buyer's preference, especially with the spiralling down turn of US economy, are consumers willing to
1, spend the same amount of money as previous year for lesser quantity of same quality?
2, spend the same amount of money as previous year for same quantity of less quality?
3, spend more money for same quantity and same quality of tea?
4, spend more money for better quality regardless of quantity?
5, spend less money for less quantity of same quality?
6, spend less money for same quantity of less quality tea?
Wish I knew the answers to be more business savvy. I'd appreciate it greatly if you would share your thoughts on this. :)