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This is exactly the time for upstart competitors to Starbucks. If you have the skill, connections, supplies (because maybe you started a boutique coffee shop i
by nine_zeros 2y ago
This is exactly the time for upstart competitors to Starbucks.
If you have the skill, connections, supplies (because maybe you started a boutique coffee shop in the past), find ways to seize customers from Starbucks - by advertising LOWER prices. Starbucks cannot compete on prices but an upstart can.
- xenospn 2y agoThis exact scenario played out in Israel. A coffee chain that advertised coffee for 5 NIS (about $1.20) showed up from out of nowhere and completely took over.
- adra 2y agoAnd likely they're either: 1. Dumping into the market to gain market share and decimate competition which is often illegal, depending on your locale in which case that coffee will be a bunch when they own the market (or they go out of business) 2. They have suppliers that are so tainted nobody buys their source and you probably shouldn't either
- xenospn 2y agoThere are so many coffee shops in Israel, so I doubt they can take over the market. There’s a few major chains, but even Starbucks tried to enter that market and failed miserably.
- deleted 2y ago[deleted]