Comments on: Internet Marketing and Coffee http://www.pitstopmedia.com/sem/internet-marketing-and-coffee ebusiness made easy Sun, 07 Mar 2010 09:37:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: traiann http://www.pitstopmedia.com/sem/internet-marketing-and-coffee/comment-page-1#comment-314 traiann Wed, 26 Nov 2008 22:41:17 +0000 http://www.pitstopmedia.com/sem/?p=422#comment-314 Hi Greg, Thanks for commenting. I just gave a tip. You made some points, but in the end, i think people will save, not spend more. The tip also opens the eyes of those who are daily clients of coffee stores. And here's another advice for medium business owners. Buy a coffee machine for your employers. You will achieve two things: increased chances of happier employees and hopefully a better retention rate and you will prevent people from wasting time going for a coffee. Hi Greg,

Thanks for commenting. I just gave a tip. You made some points, but in the end, i think people will save, not spend more. The tip also opens the eyes of those who are daily clients of coffee stores.

And here’s another advice for medium business owners. Buy a coffee machine for your employers. You will achieve two things: increased chances of happier employees and hopefully a better retention rate and you will prevent people from wasting time going for a coffee.

]]> By: Greg http://www.pitstopmedia.com/sem/internet-marketing-and-coffee/comment-page-1#comment-310 Greg Wed, 26 Nov 2008 06:34:44 +0000 http://www.pitstopmedia.com/sem/?p=422#comment-310 You're following a fool's math with the coffee example, however. For example, the biggest expense that goes into a cup of coffee at Starbucks (i.e., the primary thing you pay for) covers labor expenses -- not coffee supplies, not coffee equipment, etc. What makes your math ring false is that you presume a person's time (time spent taking over that labor themselves) is worthless. The other big flaw is that your math presumes human behavior operates purely on logic and logic alone. It doesn't. If it did, abstinence would be 100% effective as a birth control method. It is most certainly not. So what you ignore is that people, in general, are lazy and prefer to have others do menial tasks for them. How many of us change our own oil in our cars? How many of us churn our own butter to save a few bucks? So a lot of people are going to be too lazy to make their own coffee. And these people not only will be back in line at Tim Horton's -- they'll do so with additional bills for a coffee machine, filters, etc., that they will never use again. You basically cost them _more_ money in the end. You’re following a fool’s math with the coffee example, however. For example, the biggest expense that goes into a cup of coffee at Starbucks (i.e., the primary thing you pay for) covers labor expenses — not coffee supplies, not coffee equipment, etc. What makes your math ring false is that you presume a person’s time (time spent taking over that labor themselves) is worthless.

The other big flaw is that your math presumes human behavior operates purely on logic and logic alone. It doesn’t. If it did, abstinence would be 100% effective as a birth control method. It is most certainly not.

So what you ignore is that people, in general, are lazy and prefer to have others do menial tasks for them. How many of us change our own oil in our cars? How many of us churn our own butter to save a few bucks? So a lot of people are going to be too lazy to make their own coffee. And these people not only will be back in line at Tim Horton’s — they’ll do so with additional bills for a coffee machine, filters, etc., that they will never use again. You basically cost them _more_ money in the end.

]]> By: John http://www.pitstopmedia.com/sem/internet-marketing-and-coffee/comment-page-1#comment-209 John Tue, 18 Nov 2008 07:18:37 +0000 http://www.pitstopmedia.com/sem/?p=422#comment-209 This post finds to be interesting, but some what difficult to follow. I guess..I the coffee tip would really workout. Cheers!! This post finds to be interesting, but some what difficult to follow.
I guess..I the coffee tip would really workout.

Cheers!!

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