3 ms·
They are using the Starbucks method and playing the long game. Move into an area, lower prices till the incumbents go out of business then raise prices.
by nsnick 9y ago
They are using the Starbucks method and playing the long game. Move into an area, lower prices till the incumbents go out of business then raise prices.
- beeflaw 9y agohttps://phelanomics.wordpress.com/2016/11/01/economics-and-coffee-shops-the-myth-of-predatory-pricing/ https://phelanomics.wordpress.com/2016/11/01/economics-and-c...