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For $45 Per Month, All the Coffee You Can Drink

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Re: For $45 Per Month, All the Coffee You Can Drink

#23

Cool idea, but it seems to target a pretty narrow demographic: - wealthy enough to live in NYC and buy at least one cup of coffee every single work day - cheap enough to want to save a few bucks a month on coffee - can't be bothered to carry a credit card around every day - can be bothered to carry a smart phone around every day - trendy enough to frequent NYC coffee shops - untrendy enough to be seen using "coupons"…

>Fortunately for them, starting in NYC, that still leaves around thirty million potential customers

The population of New York City (5 boroughs) is 8.337 million people.

The population of Manhattan is 1.626 million people. During the day, commuters from the other boroughs and outside the city nearly double Manhattan’s population to 3.1 million people.

I can't imagine them doing this outside of Manhattan, but even if they do according to the Metropolitan Statistical Area, the entire population of the New York metro area is 19.9 million people.

The entire population of New York State is 19.651 million people.

>untrendy enough to be seen using "coupons" in public

>can't be bothered to carry a credit card around every day

Where do you get this from?

> wealthy enough to live in NYC and buy at least one cup of coffee every single work day

Brooklyn has more affordable housing and is becoming gentrified with a median per capita income of $43,567. It's easy to commute to Manhattan from some affordable neighborhoods.

http://www.slate.com/articles/business/moneybox/2014/01/new_...

Re: For $45 Per Month, All the Coffee You Can Drink

#25
post #17

Cool idea, but it seems to target a pretty narrow demographic: - wealthy enough to live in NYC and buy at least one cup of coffee every single work day - cheap enough to want to save a few bucks a month on coffee - can't be bothered to carry a credit card around every day - can be bothered to carry a smart phone around every day - trendy enough to frequent NYC coffee shops - untrendy enough to be seen using "coupons"…

> - non-techy enough to not have built a crazy $10k coffee-brewing setup at home I have an espresso maker (admittedly much much cheaper than that) at home, but I still drink coffee out throughout the day. Though I also must admit to the fact that I leave in Rome where an espresso is 70-90 cents and consistently good.

I own 3 espresso machines and have access to 5 no matter where I am (Splitting my time between Tel Aviv and the bay area) and I still drink coffee outside.

Re: For $45 Per Month, All the Coffee You Can Drink

#30

Cool idea, but it seems to target a pretty narrow demographic: - wealthy enough to live in NYC and buy at least one cup of coffee every single work day - cheap enough to want to save a few bucks a month on coffee - can't be bothered to carry a credit card around every day - can be bothered to carry a smart phone around every day - trendy enough to frequent NYC coffee shops - untrendy enough to be seen using "coupons"…

Addressing your points 2-7: This clearly isn't a revolutionary, disruptive startup, it's a clever play to incrementally remove a little friction, but every little helps. It may not remove enough friction to be worthwhile, but I can't fault them for taking a shot.

Point 1: As you suggest, that's probably not such a small population to start out with, and it's not like NYC is the only coffeedrinking city on earth, or that coffee is the only drink enjoyed by city-dwellers.

Point 8: There's almost no point in paying insane NYC rents if you spend the majority of your time in your apartment.

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