Munch And Sip V3 29th Of November Saturday!

[R33_bAbY]

r33 baby...il pay the dollar for you on the next cruise i go to

but on a more serious note..food prices have risen and sometimes for a smaller business to survive they have to put up prices abit because they cant afford to buy wholesale items and stock like the bigger stores.

Its not the fact that I can't pay the dollar - I'm saying it wouldn't be much of a competition for the other bubble teas that are close by. Their are 2 in Girrawheen and they sell it for $4.00 for large including sago/jelly. With that price up, how is $5.00 going to attract others?

Yes, I believe that smaller business can't buy wholesale items - but the one in Ballajura and Girrawheen isn't much bigger anyways.

I definitely know that lowering the price will be more affective as I have analysed a few businesses that sells food.

Eg: A kebab store lowered their prices purposely to make it more attractive to customers. Even though they were selling it at a cheaper rate, more sales were coming through = more money .

It is much better then having it priced the same or more expensive then the other places.

Again, this is just my advice. If the owner wants to rise the price then I have no problems with it - its just that I don't think it would be as affective as lowering it.

[ZXY]

r33baby - yes while the other shops sell cheaper bbt than that one, but is the quality of the food the same?

Shops have different suppliers and not all buy from the same supplier and with it comes varying prices and quality. My family owns a chinese restaurant in kingsley. While my parents try to be as competitive as others, they refuse to buy low quality stock. Sometimes that means paying that little more for a product which in turn requires a higher selling price. If everyone tried to match others and in turn had to buy cheaper quality goods, then where do we go for the good stuff?

Sorry mods, i realise this was completely OT to the thread.

Edited November 29, 2008 by ZXY

[R33_bAbY]

and what if the other stores have better quality and more variety?

How do people know that Munch and Sip has quality bbt if they know their are cheaper drinks elsewhere.

You are definitely correct with the quality and people return for quality, but even if Munch and Sip has quality over the other stores, how are they going to attract NEW customers?

Only one way to market is by word of mouth and support from friends and family.

The question that would pop up in the consumers' minds are 'why SHOULD I pay (X amount) here when I can pay this much at another place which taste pretty much the same?'

[ZXY]

and what if the other stores have better quality and more variety?

How do people know that Munch and Sip has quality bbt if they know their are cheaper drinks elsewhere.

You are definitely correct with the quality and people return for quality, but even if Munch and Sip has quality over the other stores, how are they going to attract NEW customers?

Only one way to market is by word of mouth and support from friends and family.

The question that would pop up in the consumers' minds are 'why SHOULD I pay (X amount) here when I can pay this much at another place which taste pretty much the same?'

k you win..god told me not to argue with women..should have taken his advice

[br3ndan]

and what if the other stores have better quality and more variety?

How do people know that Munch and Sip has quality bbt if they know their are cheaper drinks elsewhere.

You are definitely correct with the quality and people return for quality, but even if Munch and Sip has quality over the other stores, how are they going to attract NEW customers?

Only one way to market is by word of mouth and support from friends and family.

The question that would pop up in the consumers' minds are 'why SHOULD I pay (X amount) here when I can pay this much at another place which taste pretty much the same?'

Whatever Andrew wants to do with his shop is his business. Whether he wants to rise the price up or down is non of ur concern.

I prefer to pay more for quality.

And take it from a business graduate and masters student.... things cost more then you think. Without factoring in the cost of time to prepare the bbt and prepare ingred.s for bbt. If you think 5 bucks is expensive for a bbt then you obviously havent been drinking bbt that often.

And i dont appreciate you having a go at my friends shop. I think all his prices are fair.. and i personally wouldnt mind to pay more for the food or drinks i get there simply becuase its a new business.. and new business need all the extra money they can get even if its only 50 cents or 1 dollar more a bbt.

[R33_bAbY]

Who said I was having a go at his shop mate, read properly.

What I'm trying to do is to help him ATTRACT more customers.

Yeah mate, I bet I've been drinking more bbt then you and for your concern, it currently is the most expensive in Australia.

I'm actually giving him advice. I CLEARLY said that if he wants to up the price then its fine by me BUT i DID mention that is it enough to get more sales.

DID i mention at all that the prices WEREN'T FAIR? NO!!

Well, as a Business graduate, a Masters graduate, currently doing my Phd and working as a Business Analyst, im just giving my 2 cents - not going off at the price what so ever..lol

[R33_bAbY]

on the side note: we are also all here to help each other mate

[-Dukes-]

R33 baby,

Some of the ingredients are imported from Taiwan. That is why the cost is subject to falling dollar. Other shops source there stuff locally and/or can afford to absorb the cost.

That is your original question answered.

Just chillax

[br3ndan]

Where is the evidence to say that 5 bucks for a bbt is the most expensive in australia?

I would like to see that.

Formosa in the city is pretty much the same cost... infact i think i paid 5.50 for my last bbt there.

What im trying to say is that i personally see no difference between 4 dollars and a 5 dollar bbt.

Ive worked in the food industry before and i see how hard people work and when it comes down to the end profits for the business owner its not much...

Yes attracting customers by cheap prices is good... but business has to survive and undercosting them selves... even if they sell 1000 bbts a day and making only a few cents per bbt is niether helping them stay afloat or worth their time. As time is money.

And im not saying this in at all offensive way... as sure you are very well experience and knowledgable in this subject given your credientials, but there is always two sides to the story.. and it also depends on the situation that munch and snip is currently in.

Anyway its all good =)

At least we both got good taste in drink!

BBT ftw =D

[ZXY]

im saying this because ive been in the food industry before and my parents as well...its long hours and the profits arent that good. so unless you are onto something..the marginal profit is not alot.

$5 is not alot considering the time taken to make it. But think if they reduced it to $4 and by the end of the week or month that is a huge difference to the business. And you said the would get more sales if they lowered it...i think they would sell more sure, but less profit and probably less revenue at the end of the month because the increase in sales doesnt cover the profit

Edited November 29, 2008 by ZXY

[R33_bAbY]

I am very sure that all most places sell it for $4.50 tops.

From Girrawheen to Ballajura, to Hillarys, to Morley, then all the way down to Northbridge and Bentley. From small shops to large shops.

Utopia I believe they sell it for more IF you dine in.

Also other bbts tend to cost MORE because of the fancy stuff such as shaved ice, thicker, real fruits etc

All gooooooodd

[Char]

i work in myaree lol.. teching guitar at mega music academy on saturdays..

holidays soon to come so yeah i'll keep an eye out for ur next cruise

[br3ndan]

Im so going on a bbt crawl now

Infact. going to get one right now...

ill keep the reciepts

[lunjiaow]

NOOOooooooo.... i didnt see this... damn. i missed out... was the cruise any good?

[xtc]

NOOOooooooo.... i didnt see this... damn. i missed out... was the cruise any good?

it was cancelled? i knew i shouldve stated keep on topic and stop the bbt discussion when i was online around noon today lol, wait til andrew sees this.

[hoony]

oh my god, i actually cannot believe the cost is being discussed in this thread...

anyway i'm more than happy to answer any concerns and queries made...

R33_bAbY:

we have 3 different sizes...

Small

Regular

Large

Utopia for example sell two sizes, the equivalent of our Regular and Large

Easy Way sell two sizes, the equivalent of our Regular and Large

Utopia sell their Regular for $3.50c with NOTHING in it, 50c extra for Jelly, 50c extra for Sago etc.

Utopia sell their Large for $4.50c with NOTHING in it, again, 50c extra for Jelly, 50c extra for Sago etc.

Easy Way sell their Regular for $4.20c with NOTHING in it, 60c extra for Jelly, 50 extra for Sago etc.

Easy Way sell their Large for ($5.20c i'm assuming) with NOTHING in it, 60c extra for Jelly, 50 extra for Sago etc.

Utopia Regular with Sago and Jelly = $4.50c

Utopia Large with Sago and Jelly = $5.50c

Easy Way Regular with Sago and Jelly = $5.40c

Easy Way Large with Sago and Jelly = $6.40c

Munch and Sip Regular with Sago and Jelly = $4.00c

Munch and Sip Large with Sago and Jelly = $5.00

does that explain anything in regards to price? yes we have done our market research, my family (extended included) have run small businesses our entire lives and know that market research and competitiveness is necessary in an industry of such nature...

to make it easier for you to understand, $3.00c gets you a Small, $4.00c for a Regular and $5.00c for a Large and all those prices come WITH JELLY AND SAGO...

if you want extra, THEN you pay 50c more for even MORE extras...

so basically, we have the cheapest Bubble Tea in Perth (in all aspects really)

and in regards to the price rise, as Tom mentioned before, all our products are bought from Taiwan and for anyone that has ANY idea as to what's happened to the economy in recent times, the Australian Dollar $AUD has fallen quite a fair bit which means that we obviously cannot buy our ingredients for the same price as we did before... everyone knows the stock market and value of money fluctuates and therefore we must follow the trend to stay open...

in saying that, i will repeat, we DO still provide the cheapest Bubble Tea and of quality equal to that of Tea Fusion in Northbridge

i don't think there's any more i have to explain or do to reassure our customers...

open to answer any further questioning but i don't see how anything i've said in this post does not make sense, i hope the moderators do not close this thread because questions like these MUST be answered, thanks

Andrew

oh, and to all those that understand where Munch and Sip is coming from in regards to price rises etc.

THANK YOU ie. Terence, Brendan, Tom, Steven etc.

[hoony]

Its not the fact that I can't pay the dollar - I'm saying it wouldn't be much of a competition for the other bubble teas that are close by. Their are 2 in Girrawheen and they sell it for $4.00 for large including sago/jelly. With that price up, how is $5.00 going to attract others?

Yes, I believe that smaller business can't buy wholesale items - but the one in Ballajura and Girrawheen isn't much bigger anyways.

I definitely know that lowering the price will be more affective as I have analysed a few businesses that sells food.

Eg: A kebab store lowered their prices purposely to make it more attractive to customers. Even though they were selling it at a cheaper rate, more sales were coming through = more money .

It is much better then having it priced the same or more expensive then the other places.

Again, this is just my advice. If the owner wants to rise the price then I have no problems with it - its just that I don't think it would be as affective as lowering it.

i just spotted this post just now..

my family in all honesty does NOT care in regards to how much the other local stores charge and this is for one reason and one reason ONLY...

i know the two stores you have mentioned, one is the Deli and the other is the other Deli called 'Harry and the Boys'

and i will say one thing, ALL my customers that come to me, don't go there anymore... guaranteed, the ones that still go there, have not been to us...

and yes, maybe it's because we don't market ourselves but we actually take pride in the quality of our food and drinks, the second named Bubble Tea supplier actually uses real milk in their milk tea, one thing i can say to that = DISGUSTING... go drink their milk - (literally milk) tea, i don't actually have words to describe it... one of the SAUWA boys actually tasted Bubble Tea for the first time with us and went to the second shop as i believe we were closed and said that it was gross... enough said about that one...

the first said shop, i don't want to rag out on other small businesses as it's not really my place to say but i will express my personal opinion...

the quality of their products is not as a high as standard as ours, also... if you actually know a good Bubble Tea, they're not meant to taste watery, just like how a Bubble Tea isn't meant to taste like cow's milk...

i actually haven't been there to see how much they charge for a normal Large Bubble Tea myself but i know my sister and mother have...

their drinks don't taste as nice and yeah from what you're saying (which i cannot actually support because i don't know) they're $1 cheaper... you can save money elsewhere if you like... if you're actually after quality and want the drinks to actually taste nice then i know you'll be back...

i'm not having a go, a rant or anything like that... i'm just supporting my family's business and i'm glad you're a returning customer that has actually noticed the price rise... if you hadn't said anything i wouldn't have been able to explain to you why that has actually happened...

in all honesty, if you prefer to get cheaper drinks elsewhere (that are in my opinion and basically everyone i know that has been to those two other places don't taste as nice) then be my guest, by no means would i stop you...

and even if they do offer a few more flavours, they take away the true meaning, quality and idea of Bubble Tea...

one thing i'll add, we use REAL Green Tea as well as Crema, not BS cow's milk

in all seriousness, the quality of our Bubble tea is of higher standard than the two places you have mentioned... we consider ourselves to be of the same standard as our suppliers ie. Tea Fusion/Utopia...

that's the most honest statement i can make on this topic without hesitation

Edited November 29, 2008 by hoony

[ZXY]

that being said andrew...organise a munch and sip that i can actually go to!

[xtc]

that being said andrew...organise a munch and sip that i can actually go to!

+1

i wouldve stated to keep on topic for you today but was half alseep when i saw the topics raised. anyway good that questions have answers now. will see you at next cruise guys.

[-Dukes-]

Harry and the boys don't put any love into their bubble tea. It's just milk, jelly and syrup.