Quick links for the weekend
Couple fun articles for reading this weekend:
- How Whole Foods uses queue management theory to speed up lines and increase revenues
- Tales of a ninth grade fund manager via Paul Kedrosky
- What fish markets teach us about the economy
- Prodigy's end: How a top-tanked American teen tennis star is now ranked 335
BTW, my favorite quote out of the ninth grade fund manager article:
Brandon, who became interested in markets with a virtual-reality game called Neopets and was setting up mock stock portfolios by the age of 12, wanted to start his own investment fund.
Are virtual goods teaching kids about economics and markets? :)
The Whole Foods link is great. Directing their early shoppers to stand in seemingly long weird looking lines, and among other efficiencies, staffing the store with loads of cashiers at launch to offer low wait times...now that is good fodder for word of mouth.
Imagine the storytelling at the water cooler (or dog park?).
I suspect it wouldn't matter an ounce if the waits weren't really drastically lower there.
Posted by:Rahim | June 24, 2007 at 10:33 PM