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Why do you think that perspective does not apply to americans? I don't eat at proper restaurants much but when I ate fast food,the busiest ones also had more pe
by badrabbit 8y ago
Why do you think that perspective does not apply to americans? I don't eat at proper restaurants much but when I ate fast food,the busiest ones also had more people flocking to them(chick-fil-a for example). Not many people line up to eat at a no-name off brand chain that just opened,and I see those pop up and go out of business a lot.
It's not a cultural thing but how one is brought up. Upper class or rural chinese might have a different approach just as americans from different walks of life and from different states might view it differently.
Same goes for investing, those who plan for long term gains have a different perspective than those who want 'buy low. Sell high.' For short term profits.
- reaperducer 8y agoWhy do you think that perspective does not apply to americans? I can't speak to his logic, but I think the whole issue is a lot more complex than is presented in this discussion. Convenience plays a big role in American dining habits. So does price and habit. And some people react strongly to coupons and advertising. I think Chick-fil-a is far better quality than Raising Cane's. But the Chick-fil-a in my town is on the wrong side of a road median, and if I'm picking something up on my way home, I'll hit the other chicken place instead of wasting 20 minutes making U-turns.
- badrabbit 8y agoBut if you want to take the kids out as a 'reward' meal,assuming you never been to either establishment,would you go to a busy chick-fil-a or a new not so busy raising canes closer to your house? Convenience applies to fast food but restaurant dining is a bit different,I think what is more relevant to the thread is quality seeking customers as opposed to convenience. Investors want quality over convenience,how they decide on what is of good quality is the debate.