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re: What industry “secret” do you know that most people don’t?

Posted on 3/10/24 at 10:17 am to
Posted by X123F45
Member since Apr 2015
27500 posts
Posted on 3/10/24 at 10:17 am to
quote:

The other parameters - for the average lay person - are little more than smoke and mirrors.


False.

Even the average person who isn't a drinker would be able to differentiate between a south texas bottled in bond and a kentucky.

Posted by Billy Blanks
Member since Dec 2021
3815 posts
Posted on 3/10/24 at 10:17 am to
quote:

No it doesnt. By definition, vodka is odorless, colorless, & tasteless. It's all in your mind.





Try New Amsterdamn and Tito's and get back with me. Or that bs they put in decorative bottles.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40889 posts
Posted on 3/10/24 at 10:18 am to
quote:

Costco does about 180 billion in revenue and about 9-10 billion of that is membership fees


Costco sells most items in the store between 11-14% markup over costs. This is adjusted to basically cover all operating expenses. Including employees, rent/lease, and other expenses. Obviously those costs fluctuate.

However the actual selling of goods is purely to cover the item itself and the costs too run the business. They make very little profit from this part of the business. This is by design, and they even adjust prices lower if costs go down.

Memberships make up 90+% of the profit the company makes.
Posted by TackySweater
Member since Dec 2020
12172 posts
Posted on 3/10/24 at 10:33 am to
quote:

No it doesnt. By definition, vodka is odorless, colorless, & tasteless. It's all in your mind.


You’re kinda mixing things up a bit. Vodka is “flavorless” in the aspect that it doesn’t “taste” like any sort of added ingredient. But vodka does have a “taste” when you drink it. It’s not the same as drinking water.

There are different levels of harshness to different vodkas based on distillation, so sure they do “taste” different. It’s not all a mental thing.

Also rice based vodkas taste different than others.
Posted by baldona
Florida
Member since Feb 2016
20543 posts
Posted on 3/10/24 at 10:37 am to
The Walmarts by me all use a 3rd party labor company that each store has 50-100 people that work for them to stock the shelves. They wear a blue shirt but no Walmart name tag. They have a bus that brings them in from the certain areas of town and most have washed out of Walmart already. These laborers are all paid well under the normal Walmart rate. They work shifts so I have no idea how Walmart can legally do this or hasn’t had a whistle blown as it breaks multiple rules under contractor/ employee irs guidelines.
Posted by No Colors
Sandbar
Member since Sep 2010
10507 posts
Posted on 3/10/24 at 10:41 am to
quote:

vodka is odorless, colorless, & tasteless.


Ok so I could put a blindfold on you and a couple of shot glasses full of liquid, and you're saying you couldn't tell the difference between water and vodka?
Posted by BradBallard
Wilmington, Delaware
Member since Jun 2020
361 posts
Posted on 3/10/24 at 11:06 am to
quote:

I’d be surprised if they are selling alcohol at cost.


My Costco had Blanton’s for $66 and Eagle Rare for $37 this week.
Posted by theCrusher
Slidell
Member since Nov 2007
1144 posts
Posted on 3/10/24 at 11:33 am to
Update on gas sales. When the retail industry moved to automated pricing at the pump, margins went up significantly. Basically they all raise the lower prices at the same time. This removed the downside / low margins and eroded most of the competitive pricing.

I know this because I have a friend who owns 50 or so filling stations. He now leases the store and only sells fuel. About 30m gallons a year with 4 employees.

FWIW - the only time he sets the price himself is during and after storms. He refuses to gouge people and sells at cost.
Posted by AlterDWI
Durango, Colorado
Member since Nov 2012
2206 posts
Posted on 3/10/24 at 11:41 am to
quote:

Ok so I could put a blindfold on you and a couple of shot glasses full of liquid, and you're saying you couldn't tell the difference between water and vodka?


No, I'm saying that you would have to be pretty damn good to tell the difference between Popov & Grey Goose in a blind taste test. In the US, some companies go straight to the bottle with the grain alcohol. Some filter through charcoal. Some add water. That's the only real difference.
Posted by pelicanpride
Houston
Member since Oct 2007
1303 posts
Posted on 3/10/24 at 11:52 am to
We need other servers/former servers to chime in. The not-so-nice places I worked weren’t exactly shite holes, they just weren’t expensive. This was Louisiana in the early 2000’s. I’d love to hear things have changed because I’m still grossed out from some of the stuff that I saw 20 years later.
Posted by KirbStomp22
Jefferson
Member since Jan 2024
84 posts
Posted on 3/10/24 at 12:12 pm to
That is why you need Ecolab products for your ice machine, fountain machine and any other touch points in your store.
Posted by Big Scrub TX
Member since Dec 2013
33636 posts
Posted on 3/10/24 at 12:19 pm to
quote:


Even the average person who isn't a drinker would be able to differentiate between a south texas bottled in bond and a kentucky.
Posted by No Colors
Sandbar
Member since Sep 2010
10507 posts
Posted on 3/10/24 at 12:32 pm to
quote:

I'm saying that you would have to be pretty damn good to tell the difference between Popov & Grey Goose in a blind taste test. In the US, some companies go straight to the bottle with the grain alcohol. Some filter through charcoal. Some add water. That's the only real difference.


That's a far cry from your statement of "colorless, odorless, tasteless".
Posted by RedPants
GA
Member since Jan 2013
5427 posts
Posted on 3/10/24 at 12:43 pm to
quote:

Marketing isn’t about creativity, knowing a bunch of tools, new tech, or all the great features a product has. It’s about understanding human emotions and psychology.

Co-sign this x 100. This simple principle has gotten me far.
Posted by wm72
Brooklyn
Member since Mar 2010
7798 posts
Posted on 3/10/24 at 12:55 pm to
Tito's may well be overpriced since it's so trendy but speaking as someone who really doesn't like what I find to be a piercing "alcohol" smell/taste in Vodkas like Stoli I can understand why so many people like Tito's.

It's pretty mild compared to many others.
Posted by SOLA
There
Member since Mar 2014
3344 posts
Posted on 3/10/24 at 1:05 pm to
There aren’t any left handed pipe wrenches.
Posted by beaverfever
Little Rock
Member since Jan 2008
32760 posts
Posted on 3/10/24 at 1:15 pm to
The US gets absolutely raped on international trade via NAFTA. I know you’ve probably all heard that and suspected it’s true but in case you weren’t sure, it’s an absolute fact.
Posted by KirbStomp22
Jefferson
Member since Jan 2024
84 posts
Posted on 3/10/24 at 1:25 pm to
quote:

Coming up this summer I will have been a nurse for 20 years. As soon as I decided to pursue nursing, I was met with an onslaught of hopeful and congratulatory messages from pretty much everyone. One particular strain of these messages was concerned with "The Nursing Shortage", there was a massive "Nursing Shortage" and this would benefit me greatly because I would have the upper hand in the economic "supply vs demand" equation. Coupled with these legendary Baby Boomers getting really old and needing more medical care because, well......old people, many were led to believe that the demand for nurses would also be legendarily huge, and the supply was in no way going to match up.


Is it true that those nurses are ultra horny freaks?
Posted by nvcowboyfan
James Turner Street, Birmingham,UK
Member since Nov 2007
2955 posts
Posted on 3/10/24 at 2:30 pm to
Except for 2020 and 2021 over the past 15 years the hospital I work with has been profitable
Posted by cable
Member since Oct 2018
9661 posts
Posted on 3/10/24 at 2:33 pm to
I know that if you play your cards right that stripper WILL frick you
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