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Starbucks CEO on betting big on protein drinks
Bloomberg Television· 2025-10-30 18:12
We're looking really promising on this protein platform. Obviously, we'll learn a lot. Uh we'll listen to what customers say, but uh you know, I love the fact that over 90% of the drinks now you can get protein added and it's very much on trend with how people want to eat uh and drink.And so, uh look, I think this is a piece of Starbucks getting into the right health and wellness frame of reference, right. Uh and then also giving customers the personalization that they want around protein. We're competing f ...
Baristas Are Embracing Changes at Starbucks, CEO Says
Bloomberg Television· 2025-10-30 16:07
You've put a lot of emphasis on service, obviously, with the Green Apron project. What does that look like in terms of staffing, though. I mean, you obviously have to hire more people, but more importantly, you have to retrain a lot of your existing staff as well.How, I guess, receptive have they been to that. And have you faced any challenges. You know, I got to give our partners a lot of credit.They really have embraced both the back to Starbucks strategy and the green Apron service standard. And when I'm ...
How small business owners can read customer signals
Yahoo Finance· 2025-09-18 19:20
Body Language in Business Communication - Body language is a crucial first language, sending messages even before words are spoken [6] - Non-verbal cues are often unconsciously perceived and believed more than spoken words [1][7] - Entrepreneurs should be aware of their own baseline body language to avoid misinterpretations [12][14] Key Body Language Tips for Entrepreneurs - Maintain great posture to project confidence and power [10][12] - Adopt an open and available stance when interacting with people [10][20] - Open power zones (throat, heart, belly button area) to welcome customers [20] - Beaming, or showing inner excitement, makes customers feel valued [21][22] - Avoid bringing negative emotions into the workplace, as emotions are transferable [23][24] Body Language in Sales and Negotiation - Know everything about your product and your customer to effectively serve their needs [28][29] - Focus on identifying and solving customer problems [30][31] - In virtual presentations, pay attention to lighting and use hands purposefully, exposing palms to show honesty [40][42] Interpreting Body Language in Others - Build rapport to establish a baseline of normal behavior before assessing deviations [46][48] - Look for congruence between facial expressions, words, tone, and non-verbal cues to detect deception [51][52] - Deceptive individuals often don't practice gestures and may exhibit stillness due to creating a story [50][52]
AI Changing How Software Is Sold: OpenAI Chairman Taylor
Bloomberg Technology· 2025-08-15 17:29
Customer Service & AI Application - Sierra is experiencing unprecedented customer interest, revenue growth, and customer momentum in the AI-driven customer service space [2] - Sierra is a leader in applying AI to customer service, serving traditional companies like ADT Home Security and Direct TV, as well as fast-growing Silicon Valley companies like Ramp [3] - Sierra's AI agents are solving problems autonomously, with Ramp's agent resolving 90% of customer cases without human intervention [10] - Sierra is conducting hundreds of millions of phone calls and digital chats on its platform annually [13] - Sierra went live with an international retailer in 15 markets in six weeks, automatically solving 85% of their customer service cases [21] Business Model & Pricing - Sierra employs an outcome-based pricing model, charging customers only when it autonomously solves their problems [6] - The outcome-based pricing model aligns Sierra's interests with its customers, as they only pay when Sierra saves them money and solves customer problems [7] Customer Base & Market Position - Over 20% of Sierra's customers have over $10 billion in revenue, and over half have over $1 billion in revenue [9] - Sierra serves a wide range of industries, including health insurance and banking [8] Expansion & Growth - Sierra has opened offices in New York, Atlanta, and London, with plans to expand into Asia [12] - Sierra raised $175 million last year led by Greenhouse Capital [17] - Sierra is open to raising more capital to facilitate faster growth and serve multinational corporations in Europe and Asia [17] Technology & Talent - Sierra focuses on applying existing AI models to solve problems, rather than building frontier models [19] - Sierra is not directly competing for the researchers building foundation models, but acknowledges a competitive market for talent in the AI application space [22][23]
3 steps to building better relationships | Gogo Cheng | TEDxHKUST
TEDx Talks· 2025-07-02 16:32
Relationship Building Strategies - The luxury industry emphasizes creating memorable customer experiences to nurture loyalty and drive commercial success [2] - The SPCV model (Sincerity, Presence, Curiosity, Versatility) is a powerful tool for making others feel special [10][11][12][13] - Applying the SPCV model can create memorable relationship journeys in various interactions [19] Importance of Relationships - Relationship building is key to getting ahead in the luxury industry [7] - Nurturing every relationship is crucial, as everyone is connected [23] - The most important relationship to build is the one with oneself [25] Personal Development - Overcoming fear in networking and developing a healthier self-relationship are essential for career growth [6] - Self-discovery and understanding one's vision are crucial for thriving in relationship building [27][28] - Consistent effort in making others feel special, playing the long game, and developing a healthy self-relationship leads to success [30] Client Understanding - Luxury clients value authenticity and honest feedback [10] - It's important not to judge clients by their appearance, as spending potential can be surprising [20] - Understanding a client's passions can lead to unique and impactful experiences, potentially resulting in significant deals, such as a $20 million deal [15][18]