First things first: choke off supply; take a page out of the OPEC member country’s playbook. The $1,000 Derby juleps will be served in a collection of 99 sterling silver cups this weekend plated in 24-karat gold. A select few of that bunch will feature diamonds encrusted and signatures by Triple Crown-winning jockeys Ron Turcotte, Jean Cruguet and Steve Cauthen. This is a premium pricing model wrapped into a scarcity model.
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$1,000 Mint Juleps at the Kentucky Derby
Posted by Ryan in May 2nd 2009
under: Energy, Live and Learn
Tags: altruism, Barack Obama, Chrysler 300C, Churchill Downs, diamonds, eBay, exclusivity, Ford Escape Hybrid, gold, jockey, Kentucky Derby, marketplace, mint julep, scarcity, The Permanently Disabled Jockeys Fund, The Robby Albarado Foundation, Triple Crown, Woodford Reserve bourbon
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