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Well in a way, all small cafes compete with each other and it doesn't have to be about coffee (and definitely not about raw coffee prices as agri commodity, whi
by anovikov 2y ago
Well in a way, all small cafes compete with each other and it doesn't have to be about coffee (and definitely not about raw coffee prices as agri commodity, which are certainly <1% of their gross revenue). Somehow i have to pay twice as much for a burger in many joints, vs 15 years ago, about 1.5x as much for an espresso elsewhere, but exactly as much in Starbucks, and that gets me thinking.
- deleted 2y ago[deleted]
- Retric 2y agoIt’s well over 1% of their gross revenue and why your coffee shop didn’t need to raise prices as much as your burger joint. Also independent coffee joints generally get pricing wrong from a business perspective. But that’s a different question.