Pricing lessons from a $2.9M cup of coffee accounting anchoring pricing strategy Sep 04, 2020

So today i'm going to tell you the story about Stella Liebeck and mcdonald's and how we can learn something about pricing from this 2.9 million dollar cup of coffee. So back in 1994 a lady called Stella Liebeck, drove up to mcdonald's drive-through with her grandson, they bought a cup of coffee and ...

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