
Linus
512 posts


@stockxsucks Went once and I liked it. bagels were insanely fresh and I used the leftover schmear to make scrambled eggs.
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private equity slop. I’m not going to a bagel shop that doesn’t sell sandwiches
Short Squeez@shortsqueeznews
BREAKING: New York's popular PopUp Bagels has plans to expand across the country, from 30 stores to 100 locations open by the end of 2027. Its focus on a simple menu of five bagels and three cream cheese schmears allows for efficient operations.
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Time to make the call; switching back to BQool tomorrow
Over $300k COGS in stock and can’t move more than $6k revenue in a day, no matter how aggressive I get with the settings
I’ve wasted over half of Q4 chasing an extra 1% margin and significantly disrupted our cash flow in the process
You don’t always need to mess with something if it’s already working!
Also do NOT make changes around Q4, no matter how much of a “home run” it looks like on paper
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I'm blown away...
We sold $314,000 worth of gift cards this Black Friday.
Up over $70k (29%) from last year.
The offer is buy $100, get $20 free (a ~16% discount)
Redemption 1 year later is 91%.
2 years later is 95%
And 3+ years later it settles in around 96-97% resulting in a total breakage of 3-4%.
The breakage reduces the total discount to 12-13%.
Why do we do this?
1. Cash flow
2. These are all customers who will come back and shop with us again
3. The free $20 gift cards are often given as gifts to teachers, bus drivers, friends, etc which results in new customers.
4. Sunk cost fallacy...because this money is already "spent" when people come back to redeem it in the future they tend to spend more than they would otherwise.
For context, this is a 4 store supermarket chain. All sales are in-store only (not online).
Fun fact 1: the largest single purchase was by a local car dealership who spent $7,000. They give them out to employees.
Fun fact 2: our total "product sales" for the day were only $135,898 so the gift card purchases were 2.3X that amount.
Fun fact 3: gift card "sales" are not revenue that hits the P&L. They are a liability that lives on the balance sheet so you don't get taxed on that income until someone comes in to redeem the card which is then converted to a sale.


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@JoshPateCFB Unsolicited restaurant recs:
Track Town Pizza
Sabai Pacific Rim Cuisine
Beppe and Gianni's
You're welcome.
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@Rich_Tesoriero @amznsellerhelp Any chance you're selling Anvils?
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Amazon believes buyer return abuse is a solved problem. I have 379 orders from one buyer that say otherwise. A Seller Support investigation last month did not solve the problem. Please help me escalate this issue to the right team. @amznsellerhelp

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@kong_gets_paid A healthy amazon biz with 100-200 reviews/365 days should be making 400-500k+ net tbh
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Amazon has horrible monopoly-like practices
I sent out 2000 units of an exclusive I have
Brand adds transparency codes after my stock arrives
All my units now are unfulfillable according to Amazon
Seller Support says I have to remove (and pay for) all those units
Then I need to label with transparency codes at home and resend back out...
Mind you I am brand registered and an authorized seller for this brand
They gave me the heads up late
All my margin just went down the drain because there's no method for Amazon to add the transparency codes I gave them either
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I’m so interested in these auctions. Next week I’m going to see if I can pre sell a big auto parts auction. @ShannonJean do we know anyone that’s bought one of these?

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