Tuesday 18 February 2014

Roll up the rim is back!

Tim Hortons enhances Roll Up the Rim ahead of 5-year plan
February 17th 
www.cbc.ca
 http://www.cbc.ca/news/canada/toronto/tim-hortons-enhances-roll-up-the-rim-ahead-of-5-year-plan-1.2540106

    From what we learned in marketing it is important to set goals for a company as well as always improving marketing strategies. Our beloved Canadian  coffee shop Tim Hortons is doing very well for its self in regards to those key topics. This year Tims has gone up in sales by 1.7% and 3% in the USA. However people are expecting even more from the franchise.
   To mark the 50th anniversary, Tims decided to change up Roll Up the Rim by adding an online element to it. You can now play online as well which ups your chances of winning all of the generous prizes Tims are offering. Roll Up the Rim is an extremely successful marketing strategy that has done wonders for the company and surely will continue to grow and stick with there expansion plans. They have proven they can change with society by adding the online element.
   I'm glad to see a Canadian company do well, especially one I truly enjoy. Tims does a lot of wonderful sponsorships with the money they make so I hope more people buy into the Tims way of life and help out not only a Canadian company but what they stand for as well. 

Tuesday 4 February 2014

Today's real estate Canada 2nd business reflection

    As we know, real estate is a big factor in the health of the economy. This week  I have read an article called Rethinking the home ownership dream on the CBC website. The article was written by Alison Smith on February the 3rd.  lately I have an interest with the real estate in Canada so this article really spoke to me. However even if you are not interesting on the subject what I read is very informative and interesting. Young readers would be wise to read it.
 
  Right how real estate is very much over priced. People are spending half of their paychecks on mortgages and according to this article houses are prices 60% over what they should be. So they are unable to save money for big purchases and save for higher education which is truly the best investment for everyone.

   If the market cashes again due to inflated real estate markets businesses may not be able to survive as we have seen before. It is important to make sure that market is healthy, people are buying and selling at prices that allow them to be able to spend money other where.

http://www.cbc.ca/news/business/rethinking-the-home-ownership-dream-1.2519201