ilmscore | Why I Stopped Selling Coffee

Why I Stopped Selling Coffee

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The coffee company plans to expand into K-cups and coffee makers.
"we could actually begin making money and reinvest those profits into expanding in new areas like tea and eventually K cups, coffee makers into anything else that you could think of using."
Coffee Company Expansion
Pending
The company has launched a new product line of tea, including three specific flavors, with a profit margin close to 50%.
"we're officially operating on a profit margin of roughly 30% per bag of coffee sold... we decided to reinvest all of it back into making a brand new product that everyone has been asking for for a while now, and that is bankroll tea. ... three new flavors. Caffeine-free lavender chamomile, vanilla Earl Grey, and herbs and matcha, which are officially for sale at the time you're watching this video"
Coffee Company Product Launch
Pending
The coffee company is now operating with a 30% profit margin per bag of coffee sold.
"we're officially operating on a profit margin of roughly 30% per bag of coffee sold"
Coffee Company Profitability
Pending
Current coffee prices are at historical highs.
"coffee prices today are on par with the most expensive they've ever been in history."
Coffee Prices
Pending
The iOS update has tripled the cost of customer acquisition for the company.
"Our retargeted marketing campaigns also became an absolute nightmare after the iOS update, which allowed users to stay anonymous and triple our cost of customer acquisition."
Customer Acquisition Costs
Pending