The PR Value of a 3 Hour Closing
If you haven't heard by now you must live in a cave. Or somewhere else besides Seattle. But if your ears are indeed open, you've likely heard about Starbucks closing all of their stores for three hours from the highly caffeinated hours between 5 - 8 PM on Tuesday night. I've heard this story now a few times on NPR, it's been replayed on the local news, and if you do a Google News search for "Starbucks closing" you get some 700 news stories.
I don't know what the average per store revenue is for the average store but I can tell you that if you look at the (crude) ad equivalency of the value of all that coverage (not to mention the emotional resonance of returning Starbucks to its provincial roots), it was a killer deal. I wonder if someone has done the math yet?


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