“We have passed on that cost in a very marginal manner to the customer because we understand that the mass of the buying happens in tier 2 and below.”

The Core Report · #1029 Making Sense Of Markets And AI Trades

Play from 22:43
22:43

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

passed on increased paper costs to customers only marginally

Said nearby on the same subject

“If you can find a way of taking 60% of your costs, which typically live in sales, marketing, customer support, take them down to 20%, you can be a 40% operating margin business.”
♫
Said on David Senra
Why it worked 60% to 20% Share this moment
“The carpet mills especially had a lot of excess inventory that was not moving. And so I was buying a lot of that at discounted prices. Saving my customers some money. But still it increased my profit margins by a lot”
HS
Harold Smith
Booked Out: A Podcast for Home Service Business Owners by Sure Shot Systems with Ben Desjardins ·
“We put a big effort around inclusive sizing ... even though that increased our product costs, we didn't change the price to the customer”
♫
Said on Masters of Scale
Business model Share this moment
“And so for customers, we look at their speed, margin, attribution, retention, and tier of customer”
TS
Tim Shea
Selling on Giants: The eCommerce Marketplace Podcast ·
Why it worked Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.