4 ms·
"We're losing $1.00 on every sale, but we'll make it up in volume!" (I can't remember where this comes from.)
by scrozier 6y ago
"We're losing $1.00 on every sale, but we'll make it up in volume!" (I can't remember where this comes from.)
- GauntletWizard 6y agoThere’s a similar concept explored in Catch-22[1]: Milo buys eggs for $.07, and sells them to the mess hall for $.05 What the mess hall doesn’t know and doesn’t look into is that Milo is running the wholesaler, too - He buys eggs elsewhere for $.01, provides the egg to middlemen for $.045, and buys it back from the middlemen for $.07. For each egg sold, he’s losing $.02 selling it to the mess hall - But making $0.035 selling it to the middlemen. He can’t sell it directly to the mess hall, because the entrenched middlemen would cry foul, and likely have the connections to make it stick (or simply the thuggery to make his life hard if he doesn’t cut them in). Sometimes, you’re not selling ice-cream - You’re selling milk, and the sugar is a loss-leader. [1] I found the relevant quote at https://norighttobelieve.wordpress.com/2011/06/08/everybody-has-a-share/ https://norighttobelieve.wordpress.com/2011/06/08/everybody-...
- throw_away 6y agohttps://www.nbc.com/saturday-night-live/video/first-citiwide-bank-change-ii/n9703 https://www.nbc.com/saturday-night-live/video/first-citiwide...
- telesilla 6y agoNon US link: https://youtu.be/KodqIPMbyUg https://youtu.be/KodqIPMbyUg
- Tyr42 6y agohttps://www.giantitp.com/comics/oots0135.html https://www.giantitp.com/comics/oots0135.html Was it from order of the stick?