A good question is how does a business like Chipotle keep itself going? Well it has to do with economics. Chipotle makes money by making good burritos they may not be the best but they are very cheap and they have great deals. You are probably saying how does that help that it is cheap? That means they will make less money! Wrong they sell things so cheap that people buy more of it and it attracts customers. Think if you see a sign that says “burritos 12$” and another sign that says “burritos 8$”, where would you go? To the cheaper one I hope and that is what more people do also and there are more people interested in your franchise, the word will spread and soon enough you will have a chain restaurant that is constantly making money with its cheap prices. For example if you have 100 customers in a day and they all spent 8 dollars on a burrito, and there was another store the burritos were 12 dollars and they only had 60 customers, you would have more money because you sold more than them even though the burritos cost less. Do you agree?
The economics are good for business, obviously. However I am not sure why Chipotle gets so much hate. They have cheap good food and still get a lot of hate. They are all natural and that makes it that much better. My question is why does Chipotle get all the much hate?
ReplyDelete