Anthony Bennett6 said:Man, I wouldn't bet against Coca-Cola failing just like New York did when PepsiCo first rolled out their version...
The actual price tag is $0.33 way more than a bottle of water... even though the whole dispensing setup costs more than a standard bottle and cap combined...
The concept and the patent are brilliant, honestly, but it feels like they're trying to sell the tech rather than the drink itself. I still can't wrap my head around that $10-$ $4.00 price point...
Fine, I'll take that bet. What am I betting? A whole pallet of Nescafe GO?
It doesn't make much sense to talk nonsense without any basis.
On investment forums, there’s been plenty of talk about ATGR and their massive investment in Nescafe GO. It's a totally new concept, basically creating an entirely new beverage category. The price is whatever they decided it should be, and the target is around $3.00. That's pretty standard for stuff like this in retail stores.
Kids have actually embraced it quite well. It falls into that "fancy" product category, so it doesn't really matter how much a pound of Nescafe costs versus the water or the little bottle. If you want an analogy, you wouldn't ask why Coca-Cola costs what it does, or why a 1.5-liter bottle of plain fuckin' water costs $1.75??? Twenty years ago, if someone told you water would come in bottles and cost as much as soda, you'd probably think they were crazy.
Why does Red Bull cost $13 or $4.75? Is it worth it? Obviously, yes, if people are actually buying it.
Nescafe GO has solid distribution, good design, and decent marketing support. I honestly think it'll succeed and become a major export for us—maybe one day alongside its powdered sibling, or maybe even like McCormick.