“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.”
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Said on David Senra
The Core Report · #1029 Making Sense Of Markets And AI Trades
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passed on increased paper costs to customers only marginally
“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.”
“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”
“We put a big effort around inclusive sizing ... even though that increased our product costs, we didn't change the price to the customer”
“And so for customers, we look at their speed, margin, attribution, retention, and tier of customer”
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