Crazy for Cronuts

http://blogs.wsj.com/indiarealtime/2013/08/16/tasting-delhis-first-cronut-2/?KEYWORDS=cronut


In the commercial war whether more than their competitors take into account the interests of consumers and psychological, and whether they could have a sufficiently attractive to provide products and services to enterprises in the marketing battle will determine the success or failure.

For now, the cronut reigns supreme in the world of fanciful food fads. All other fads measure themselves against the breakout popularity of this doughnut made with croissant dough. While some insist that this deep-fried croissant has been around for decades, trademark rights go to Dominique Ansel Bakery in New York City, where people endure long waits and pay $5 per cronut (with a limit of two per person). If the wait is too long and you’re willing to spend more, score one on Craigslist, where cronuts sell for around $30 each.

In a seller’s market, the supply of goods less, because the supply is unable to meet the market demand, commodity prices rise. At this time, the buyer did not choose the initiative of goods, the seller only interested in number of products, with little consideration market demand. The seller on the transaction in the driving position. The existence of a seller’s market, meaning that the commodity exchange in equal relationships between buyers and sellers, has been broken by commodity in short supply. Seller is peculiar commodity economy. At this time there is a whole black market for cronuts on Craigslist. Thus giving rise to each of the cronuts sold so expensive.

 

 

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