“We can take our low price real estate and create a venue for them, and we can become a place for young people to shop and discover new ideas.”
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Said on Afford Anything | Get Smarter With Money
The Pitch · Jubilee’s: Is $100M Thinking Too Small?
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
shopped milk suppliers after discovering public FMMO pricing, negotiating contracts at 27-29¢ per pound versus previous 82¢
82¢ per pound original cost; 27-29¢ per pound new contracts; wholesale margin target 48%
“We can take our low price real estate and create a venue for them, and we can become a place for young people to shop and discover new ideas.”
“I gave a price of three decimal points. Usually we give two decimal point pricing… we got the contract.”
“The price is $2.80 per conversation… the retailer can estimate its conversation charges by multiplying the expected number of conversations by that price.”
“We’re seeing usage-based pricing, hybrid contracts, and something called a credit… outdated revenue architecture can kill a great pricing idea”
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