Mochi Donuts-Ridiculously Priced?
- Thread starter hamermill
- Start date
most of the time it's the cost of the hole in the middle, just paying for the name .I'm happy with the Tim Horton's
I agree overpriced and if they were not getting folks buying them they would be forced to drop the price. I think Starbucks is overpriced yet folks keep going in and most shouldn't because many are just students. In my opinion, they don't look appealing at all but that's just me.
Who cares? They are a luxury item. Don’t want to pay the price move on. Why do people bitch about prices on things they have an option not to buy? Just don’t buy.
Obviously they are the greatest donut in the world along the hole that Mechanic pointed out.
They are students trying to emulate the adults but without the income. Seriously, the amount of money they throw away to look grown up is funny. But if it makes them feel good about themselves, It's not a problem for me.
Lemme tell you something about Isabelle’s.: Before covid, before they only did donuts, they had the greatest Japanese version of a Philly cheesesteak sandwich I’D EVER HAD IN MY LIFE. Light, fluffy, succulent. I would pay $50+ TODAY to have that sandwich handmade by Isabella’s just once more in my life.
It was seriously life changing.
It was seriously life changing.
Note the ? In the title
Mochi Donuts-Ridiculously Priced?
If you don’t understand the purpose of what or when “?” is used…
noun
noun: question mark; plural noun: question marks; noun: questionmark; plural noun: questionmarks
a punctuation mark (?) indicating a question.
used to express doubt or uncertainty about something.
"there's a question mark over his future"
Where do you see bitching?
Bitching, moaning, complaining, questioning. Pick the fucking word that works for you. I don’t care. It is all the same in this context.
You are taking issue with the price. That is clear. Even if “questioning” so don’t play word games because you don’t like that I asked why bitch. If you didn’t have an issue with it, you would not have “asked the question” in the first place. You wouldn’t have started the thread in the first place because it wouldn’t have matter to you.
So sit back and relax cupcake. Mine was just a “question” too after all.
Last edited:
How could a motherfucking donut ever be a Veblen Good?
It is fried grease with some sugar based topping on it.
:max_bytes(150000):strip_icc()/veblen-good.asp-final-440a5dbfadc14afc8484d99478a646a7.png)
www.investopedia.com
I guess several of you noted the answer in the posts above.
Young people are more succeptible to marketing and social media influencing than ever before. And we have gotten away from unbiased and unbribed print publications such as Consumer Reports that did real evaluations.
And with less food and drink preparation at home, everything is now a mystery. Coffee comes from coffee beans, and there is only so much that Starbucks can really do differently in making a cup of it than what can be done at home or in the workplace, including a shaker of Pumpkin Spice.
Many market entrants plan from the get-go to be a supplier of Veblen Goods. They don’t start at a low price and then raise it because everyone loves our product so much that we can’t make enough of it. They start high and do fake-it until we make-it. And a great number of them, via excellent marketing and influencing do in fact make it big.
One mistake that is made in teaching economics is to tell the kids that markets are always efficient. So they go through life always believing that every product and service that costs more is better than those that cost less. That is likely true a high percentage of the time, like I would guess 60 percent of the time. But 40 percent is a damn high number, and they never give the example of how a $1 chocolate cream-filled donut from the local bakery can be better tasting than a $4.50 blueberry-glazed ”world-famous” Mochi donut.
Some of them eventually figure it out, but many don’t. I do commend the Japanese for excellent marketing. They emphasize group activities and peer pressure. Personally, I hate sushi. Reddit has a support group for people like me, and one poster noted that very few solo eaters ever get sushi at the restaurant to eat there, or for take out. When you have no reason to fake the enjoyment of eating very expensive raw fish on rice with, you will choose a hot, cooked meal instead, often at a much lower price. I suspect the same is true with these Japanese donuts.
It is fried grease with some sugar based topping on it.
Veblen Good: Definition, Examples, Difference from Giffen Good
A Veblen good is a type of good for which demand increases as the price rises, typically due to its exclusivity and perceived social value.
I guess several of you noted the answer in the posts above.
Young people are more succeptible to marketing and social media influencing than ever before. And we have gotten away from unbiased and unbribed print publications such as Consumer Reports that did real evaluations.
And with less food and drink preparation at home, everything is now a mystery. Coffee comes from coffee beans, and there is only so much that Starbucks can really do differently in making a cup of it than what can be done at home or in the workplace, including a shaker of Pumpkin Spice.
Many market entrants plan from the get-go to be a supplier of Veblen Goods. They don’t start at a low price and then raise it because everyone loves our product so much that we can’t make enough of it. They start high and do fake-it until we make-it. And a great number of them, via excellent marketing and influencing do in fact make it big.
One mistake that is made in teaching economics is to tell the kids that markets are always efficient. So they go through life always believing that every product and service that costs more is better than those that cost less. That is likely true a high percentage of the time, like I would guess 60 percent of the time. But 40 percent is a damn high number, and they never give the example of how a $1 chocolate cream-filled donut from the local bakery can be better tasting than a $4.50 blueberry-glazed ”world-famous” Mochi donut.
Some of them eventually figure it out, but many don’t. I do commend the Japanese for excellent marketing. They emphasize group activities and peer pressure. Personally, I hate sushi. Reddit has a support group for people like me, and one poster noted that very few solo eaters ever get sushi at the restaurant to eat there, or for take out. When you have no reason to fake the enjoyment of eating very expensive raw fish on rice with, you will choose a hot, cooked meal instead, often at a much lower price. I suspect the same is true with these Japanese donuts.
One of many hidden behaviors people's ego cannot see for themselves.Bitching, moaning, complaining, questioning. Pick the fucking word that works for you. I don’t care. It is all the same in this context.
You are taking issue with the price. That is clear. Even if “questioning” so don’t play word games because you don’t like that I asked why bitch. If you didn’t have an issue with it, you would not have “asked the question” in the first place. You wouldn’t have started the thread in the first place because it wouldn’t have matter to you.
So sit back and relax cupcake. Mine was just a “question” too after all.
Humbleness is power.
For some of us it is an Idiocracy issue. That was a movie where the army guy and the Hooker get accidentally frozen and then thawed out decades later to encounter a collapsing civilization.
Like the scene where a future civilization is about too starve because they keep trying to grow crops with Gatorade instead of water because Gatorade has Electrolytes and Stuff, the commercials said so.
The video linked to previously indicates that a Mochi donut is hand made by a hard working Japanese person just for you. Forgive me for having my doubts. I suspect all but that one donut is made in a mass production machine.
If we have a young populace that demands very expensive Mochi Donuts, Almond or Soy Milk, and Starbucks Lattes, regardless of the price and regardless of the true comparability to equally tasty but less expensive alternatives, and expects industry and government to give them enough money to afford the expensive items, society may collapse. One of the currently most troubling things is our tendency to exclude the lowest priced competitors from markets. If you go to the airport and want coffee or hot chocolate, you go to Starbucks. No one else can afford the airport rent. If you stay on the beach in Miami Beach, you walk ten or more blocks inland for an affordable but tastier Cuban or seafood meal at a restaurant frequented by locals.
So sometimes, yes, the sane amongst us not only bitch, but we worry if Idiocracy has indeed arrived.
I can concede to a point like this. I don’t think that is what the OP was doing but I can certainly see your point.
For me - I can’t say I really care to much about the future and the worlds bullshit since I’m not going to be around long enough to probably see it and I don’t have to worry about grandkids or anything.
I mean don’t get me wrong. I want civilization as a whole to thrive and I try not to do anything to make it worse but I’m not going to worry about the price of donuts as it pertains to the future of our world.
The new Union station food court has one of these Mochi places, in a very hidden, less than ideal location. I tried one, and it was nothing special, one of those "that's cool but only need to try it once" experiences. Next door is a breakfast that only sells gourmet egg mcmuffins for $10... upstairs is Clark's cookies selling $5 cookies.
None of these places will last a year as they're not in line with what the daily commuter needs, and can afford.
Popular for the once off Intrangram fad, but long term sustainability not a chance.
None of these places will last a year as they're not in line with what the daily commuter needs, and can afford.
Popular for the once off Intrangram fad, but long term sustainability not a chance.
A lot of bad things have been happening in the U.S. for a while, and I hope it never comes as much to Canada.
When you combine income inequality with heavy marketing and entitlements, it isn’t a good thing.
There was once a much larger middle class in the U.S., actually less class warfare, less worshipping of the rich (want to throw an actual brick at the TV when a show like How I Made My Milions is shown), no 20 year-olds given a huge budget to market products to other people in their 20s and 30s on social media, and fewer politicians convincing people it is just fine to vote themselves money.
Long ago, there were many lower-priced hotels on the Las Vegas Strip and inexpensive places to eat right alongside much more expensive places. Everyone lived in harmony. What has happened in the last decade or so is the more expensive places simply buying the less expensive places and expanding their more expensive empires. A long period of very low interest rates and easy lending allows that to happen. So expensive fads are fine if they are actually worth the premium or they fail. But if they are backed by deep-pocketed private equity they sometimes do a hell of a lot of damage even if they aren’t worth it, but don’t fail soon enough.
A lot of happy but poor people fear cultural appropriation for a good reason. They live happy lives in a city or neighborhood that gets identified by the rich as “cool”. The rich move there and it soon is no longer happy or affordable. So the folks with the corner bakery selling $1 donuts has a legitimate concern when Mochi comes to the neighborhood with $4.50 donuts and a hot Instagram Influencer. The consumer has a legitimate concern if Mochi wants to stick around by just buying out the Baby Boomer corner baker who was thinking of saying Fuck It, anyway. And of course the corner baker is going to increase the price of the donut from $1 to $1.25 and never lower it even if Mochi fails relatively soon. That is why many U.S. consumers take the long trek now to more affordable areas in their favorite vacation and convention spots. And a rational reason for the rational consumer to hate Mochi or Crumbl Cookies or any other high-priced fad places that he or she comes across.
Last edited:
The answer to the OP’s question (title of this thread) would be…not if you want one.
Some people spend way more on weed, on cigarettes and cigars, on whiskey, on designer clothes, on high end cars, on fancy water, and some actually buy time with escorts for sex when sex can be had absolutely free. Go figure.
But, I think the key is… if you are going to indulge in some decadence and high end enjoyment do it quietly and not bitch and moan about the price AFTER the fact. Just enjoy the experience and f**k what people think.
We are all different after all.
Some people spend way more on weed, on cigarettes and cigars, on whiskey, on designer clothes, on high end cars, on fancy water, and some actually buy time with escorts for sex when sex can be had absolutely free. Go figure.
But, I think the key is… if you are going to indulge in some decadence and high end enjoyment do it quietly and not bitch and moan about the price AFTER the fact. Just enjoy the experience and f**k what people think.
We are all different after all.
Last edited:
