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Archive for February, 2008
Starbucks Changes For the Better
Feb 12th
It’s been a while since I last wrote a post here. The past few months have been quite busy to say the least. So, let’s just cut to the chase and do a quick recap. Unless you’ve been out of the loop, here’s some interesting developments:
- The US markets have been extremely “choppy” the past few months.
- The Federal Reserve system cut US interest rates twice.
- The Bush Administration recently signed a bill that will provide short-term recession relief and stimulate our troubled economy.
- I’ve been watching a lot of Jim Cramer’s “Mad Money” on CNBC.
What does this all have to do with Starbucks? Nothing at all. I was just doing a quick recap given my long break from this blog.
Now, why am I writing about Starbucks? On Monday, the Seattle-based company issued an important press release. Essentially, Starbucks is ending its relationship with Verizon wireless and entering into a new comprehensive agreement with AT&T. The net impact means Starbucks will give customers who use a Starbucks purchase card two hours of free wireless access per day. In addition, nearly all of AT&T’s broadband Internet customers, about 12 million, will automatically have unlimited free Wi-Fi access at Starbucks.
If you’re thinking what I’m thinking, then this is a ploy to sell more coffee. The longer you spend at a Starbucks smelling that fresh roasted coffee, the more tempted you are to purchase a tall or grande size (or two).
Personally, I have no problem with this strategy. In fact, I applaud the move because I am already an AT&T broadband customer. Up until this announcement, my Wi-Fi access was limited to McDonald’s, Barnes&Noble, and various hotels where AT&T has existing agreements.
When will this service roll out? This spring. So, get ready to telecommute with your Wi-Fi device from a local Starbucks. We just might bump into each other.