These days on television it is rare to find a commercial not touting some way to bust the recession through pricing or financing that they have. One of these such offers was observed and taken up by yours truly.....it was for Quizno's. Quizno's typically offers a higher priced sandwich than Subway because they have the ever sneaky oven to toast your sandwich along with probably using higher grade ingredients. Well, Quizno's saw what was going on with the economy (and i'm sure their sales department also took note of it as people started eating less there) and decided to offer our fair population of Canada a stellar deal. Their Real Deal sandwiches would be $5 for a large one. Wow! Great deal, and especially for an above average sandwich. Now granted the Real Deal sandwiches only offer 5 different selections but it is still a great deal for someone looking for a tasty lunch at a great price. I partook in this deal multiple times, they had won at least one customer.
Then the other day I went back for another $5 sub.......
The price had been raised to $6.49 for a large!
Wait a minute does that mean we are out of the recession????? Hooray.....wait no we aren't. So they weren't really willing to help us then? First off this seems a little like a bait and switch tactic and i'm sure I wasn't the only customer a little chagrined by the 30% increase in price all of a sudden. But the worst part is that you say you are there to help out people when they need it, and then all of a sudden your greedy again. Now maybe the $5 price point didn't leave enough margin, okay I can understand raising it slightly, but 30%!!!!! Come on. We aren't out of this economic trouble yet and if you have found a promotion that works and helps bring customers into your store during these tough times, then it is a good way to build loyalty as we work our way out of these tough days.
Showing posts with label greed. Show all posts
Showing posts with label greed. Show all posts
Thursday, February 19, 2009
Thursday, September 25, 2008
TWEET! 2 Minutes for Greed
Let me preface this post by saying I am a huge hockey fan and have been my whole life. I have played the game since I was 6 years old and I hold season tickets to the Vancouver Canucks, my local National Hockey League team. Needless to say, I am a devout hockey lover.
Well, the NHL needs to change things. They have no business plan except make as much money as possible, as quickly as possible. Which in the long run is not going to pay off for them. Let me backtrack before I go off on a big rant here. It was announced today that the NHL signed a contract to air games in Asia........huh?
No offense or anything but maybe you should spend some money on growing the game in North America before you charge all over the globe. I believe the term is walk before you run, or perhaps baby steps. The NHL was greedy enough to expand to such non-hockey markets as North Carolina, Tampa Bay, Atlanta, Nashville, and Columbus. None of these towns have turned into hockey markets, shocking I know. So the game is obviously not being picked up in one of the largest markets in the world, which also happens to have cities like Detroit, New York, and Minnesota that are in love with their hockey teams and have great knowledge of the game. So why not walk before you run NHL? Why not build the game in the U.S. before you charge all over the world? Why not work on what should be a more welcome audience open to the concept of hockey than one in China, which doesn't really have any exposure to the game? Build a nice core following, you already have one in Canada and part of the states, you should have an easier time working on the hesitant areas of the U.S.
No there is nothing wrong behind making money, in fact it is encouraged. But you have to set aside the greed and realize that by building your base, it makes expansion a lot better and you have more evangelists and product lovers to spread the word. The NHL in my opinion just has no concept of what it is doing. It is like a hungry hippo just trying to grab as many little bags of money as it can before everything implodes on it.....and unfortunately it will, it's inevitable at this pace.
Well, the NHL needs to change things. They have no business plan except make as much money as possible, as quickly as possible. Which in the long run is not going to pay off for them. Let me backtrack before I go off on a big rant here. It was announced today that the NHL signed a contract to air games in Asia........huh?
No offense or anything but maybe you should spend some money on growing the game in North America before you charge all over the globe. I believe the term is walk before you run, or perhaps baby steps. The NHL was greedy enough to expand to such non-hockey markets as North Carolina, Tampa Bay, Atlanta, Nashville, and Columbus. None of these towns have turned into hockey markets, shocking I know. So the game is obviously not being picked up in one of the largest markets in the world, which also happens to have cities like Detroit, New York, and Minnesota that are in love with their hockey teams and have great knowledge of the game. So why not walk before you run NHL? Why not build the game in the U.S. before you charge all over the world? Why not work on what should be a more welcome audience open to the concept of hockey than one in China, which doesn't really have any exposure to the game? Build a nice core following, you already have one in Canada and part of the states, you should have an easier time working on the hesitant areas of the U.S.
No there is nothing wrong behind making money, in fact it is encouraged. But you have to set aside the greed and realize that by building your base, it makes expansion a lot better and you have more evangelists and product lovers to spread the word. The NHL in my opinion just has no concept of what it is doing. It is like a hungry hippo just trying to grab as many little bags of money as it can before everything implodes on it.....and unfortunately it will, it's inevitable at this pace.
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