In response to Wong Fiona

Original post available here: http://on.fb.me/1Ylx0jy

The AMS is not “your” school. It’s a student run voice for students and their “priorities are determined by you”. Talk to them about advertising if it’s an issue for you; I’m sure they would love to talk. Food prices, tuition prices, book prices, all these things cost money and their prices are all increasing. These food vendors are not charities, I’m sure you know that. Naturally, these businesses need to Landing-Pie-R-Squaredcover their expenses which include some of the highest rents in Vancouver. I agree that the prices are high, but they are not higher than they would be elsewhere. I would encourage you to spend your money wisely. There are promotions everywhere! Tipple O’s has deals on Tuesdays. Sprouts has free food on Fridays. HeWe has food by donation every month. Moreover, there are coupons for the soup outside the Sauder lounge right now. Lot’s of these places have loyalty programs that you can use. There are creative ways around paying full price. Having said that, if you are unwilling to make your own lunch and you want UBC to subsidize it you will have to pay a premium.

At the end of the day, you are the consumer. You get to vote with your dollars along with every other student, while many will choose to buy prepared food rather than make their own, we all get to pay these prices. It’s just supply and demand.

Photo: http://bit.ly/1Ylxbev

How to create a fake monopoly

We’ve been talking about low cost and differentiation as business strategies but we haven’t really touched on the roll of monopolies. Monopolies can be effective in bringing in income if you have the new idea, but there are many problems with them. Consumers complain that prices get raised too high and that innovation disappears because firms have no need to compete for market share. That being said, companys who compete still jack up the prices, customers are just happier about it.

We’ve all seen the “I’m a Mac, and I’m a PC”imamac ads and we remember them because they created such a personal connection with the brand. Apple effectively disrupted the PC market and created its own elite group of fanboys who will do anything for their product effectively giving them monopoly-like powers.

I want to see a new company come in and then create its own competition. As an entrepreneur begin by selling a new product; once you establish your product, develop a second version. Rather than releasing Product 2.0 you create Brand 2.0, instead. At the same time the original company secretly introduces a second company to separate the market while controlling competition. From here they can engage in a variety of cost leadership, differentiation, and entry barrier techniques to raise demand and further restrict new partners. The key to this is it must remain a secret: that way the person at the top can effectively have monopoly-like power without government intervention.

Photo: http://bit.ly/1YlwHFr

Who is really part of “the Zappos family”

In response to: https://blogs.ubc.ca/chayabains/2014/11/

Zappos, an online shoe retailer based in Nevada, has been selling shoes with an interesting business model. Zappos prides itself in taking care of its employees. By slightly lowering salaries they are able to give employees great medical and preferable hours. All this would be great, but Zappos sells shoes, an industry in which “Child labor is … very common”. These “employees” also are paid less but receive none of the improved working conditions. Zappos is clever in the way they create shared value, by taking an industry renowned for adverse working conditions and sugar-coating it with sandwiches for their direct staff. In so doing, Zappos is able to conjure the illusion of actually caring about their company’s actions. While customers believe they are supporting a zapposconscientious company they are, in effect perpetuating the “inhumane working conditions” of children overseas. Consumers continue to be duped by the halo affect, this is shown by the huge increase in predicted profits expected by the end of 2015. At the end of the day, everything is marketing and consumers need to take a step back and evaluate whether or not what the company promises is actually what they deliver. These shoes are not as wonderful as they are made to seem.

Photo: http://bit.ly/1YlwiTr

Change your profile photo to change the world

In light of the recent attacks on Paris, Facebook has introduced another profile picture filter to appease its lethargic user base. Facebook has made it increasingly simple to pretend to show support for a cause you most likely are largely uninformed on. While people may argue they are raising awareness, “if not backed up by money or deed, it’s little more than lip service”. Furthermore, people suggest that if enough people change their photo it will unite us and will “help shift cultural norms”facebookparis. Unfortunately, the shift we are seeing is towards people feeling they are helping a cause by doing little more than clicking a button.

I propose that for the next trending world disaster an NGO pairs with Facebook to create value from the demand for photo filters. Creating a system where you can only apply the filter to your photos after you donate two dollars to the cause could actually tangibly help the situation. Similarly, for those struggling financially, implementing a quiz on a few articles would at least promote the proper information and add value to the “raising awareness” argument that often is wasted. There is enough demand for support on social media so it’s important that we turn it into real support.

 

Photo: http://bit.ly/1PFntlV

 

A response to (UN)INTENTIONAL WORKPLACE DISCRIMINATION

Original post available here:  https://blogs.ubc.ca/adrienneellis/2015/11/08/unintentional-workplace-discrimination
In a world still prevalent with discrimination it begs the question, should you share a photo of yourself on your LinkedIn? LinkedIn suggests that “adding a photo makes your profile seven times more likely to be viewed”. While this seems great, if you happen to belong to a minority you might decrease the amount of views that actually result in connections. One study claims that “job applicants with white names needed to send about 10 resumes to get one callback; those with African-American names needed to send around 15 resumes to get one callback.” If your name isEmptyLinkedinProfilePic enough to cost you an interview, a photo is surely going to be worse.

I was fired by Grouse Mountain in 2014 after I decided to get dreadlocks. I was only three days into my second season as a ski instructor when they fired me for my hair. Cypress Mountain, however, hired me immediately, placing the value on my experience rather than appearance. Despite our best attempts as a society, we still have a large part of the world that discriminates against future employees. If you want to work for these companies, you are going to have to conform and perpetuate this problem. I, however, will not readily conform. So please post a confident, professional photo of yourself alongside your perfect resume and let people hire YOU.

Photo: http://bit.ly/1Ylxjuu

Let’s change it up

The “problems” with the one-for-one business model are identical to the forces restricting innovation: people fear change. Whenever new technologies or, in this case, business plans are introduced people scream that we will lose our jobs. This ideology is what is holding our society back from a better standard of living. As a society we need to embrace change including modern business models such as the one-for-one business model.oneforone

The beauty of the market economy in which we live is that there will always be an invisible hand ensuring the eventual success of our society. Based on our history, this success will not be smooth, but it is certain that innovation will lead to a higher standard of living in the long run. As a society we need to stop worrying about disrupting the current state of being and, instead, strive to flip it on its head. Our society is far from perfect and holding it still is not going to fix it.

 

Photo: http://bit.ly/1YlwRwz