Posts Tagged ‘Starbucks’

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    Starbucks and the Clover

    Sep 15, 10 • 171 Views • Businesses, Demand, Supply, and Markets, Thinking EconomicallyNo Comments

    I just had a Starbucks grande coffee from their $11,000 Clover coffee machine. It was very good. Because the Clover makes individual cups, Starbucks can let the customer choose the bean. More choice, elite beans, and you have a recipe for higher prices.

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    More About Lines

    Aug 13, 10 • 221 Views • Businesses, Thinking Economically3 Comments

    Next time you are in Starbucks, check how long you stood in line. They care. To save 14 seconds, for example, Starbucks designed a larger ice scoop which baristas could use for one dip instead of 2. Still though, in a “mystery shopper” survey of

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    Starbucks or McDonald’s?

    Jun 10, 10 • 1487 Views • Behavioral Economics, BusinessesNo Comments

    A recent Pew Research Center survey asked 2260 adults whether they would, “prefer to live in a place with more McDonald’s or more Starbucks.” 43% said McDonald’s; 35% said Starbucks; 22% had no preference. According to the study, a key

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    Conspicuous (Coffee) Consumption

    May 1, 10 • 283 Views • Businesses, Developing Economies, Economic ThinkersNo Comments

    How can you show your friends that you have ascended to your country’s middle class? Starbucks. A recent BusinessWeek article on the world’s most caffeinated countries cited a connection between an emerging middle class and coffee

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    Tipping Points

    Mar 3, 10 • 189 Views • Thinking EconomicallyNo Comments

    When tipping, we all have a tipping point.  It might sound reasonable to leave a dollar tip.  But, if a Tall Vanilla Latte costs $3.37, is a thirty percent tip too much?  Yes, says one NY Times blogger. On the other side, Starbucks baristas say