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Bellini_at_Harry's_Bar

The cost of an icon

If one of the goals of a brand – and particularly a luxury brand – is to charge a premium for their goods and services, Harry’s Bar in Venice must have a very strong brand. Last week on a trip to Venice, five of us dropped in for a quick afternoon drink and came out almost 100 Euros lighter. My quick “back of the napkin” math told me that our five 8 ounce Bellinis would have most likely cost them less than 10 Euros to make. Which meant that they were making approximately a 1,000% markup on these drinks – which is impressive for any business.
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