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> If a coffeeshop wants to pay their employees more they will have to raise prices. This makes them less competitive to any nearby coffeeshops that haven't rais
by dangerface 4y ago
> If a coffeeshop wants to pay their employees more they will have to raise prices. This makes them less competitive to any nearby coffeeshops that haven't raised prices.
You what? I can buy coffee from McDonalds for a pound, or I can get the nicer stuff from a barista for £3 the coffee is the same brown warm stuff the environment and customer service is what makes it worth the extra money.
Coffee is a luxury good trying to be the cheapest coffee isn't a winning strategy. It's like trying to make the cheapest super car. It's a race to the bottom larger companies that have scale will destroy you.
Managers do this all the time hire a bunch of 16 year olds pay them next to nothing and wonder why they spend all their time on their phone rather than impressing the customers and winning recurring business.
BuT LoOk HoW MuCh MoNeY I SaVeD! :^)