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

Absolutely true.

Loyalty is dead in most industries?

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Movie theaters make most of their money from concessions. Almost all the ticket sale money goes to the movie studios

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Gas stations barely make any profit off gas except rural ones with little traffic. Gas is to get them in the store and buy drinks, cigs, snacks. That’s why small town gas stations have much higher gas prices, they don’t get the traffic to sell the gas barely above cost

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Costco makes zero dollars on anything they sell.. ZERO.. which is why they are able to offer such low prices, they literally sell items for the wholesale prices they pay … the only money Costco makes is on selling memberships .



Source: I worked for a company that sold many products in Costco.. and unless theyve changed their business model in the last 4 or 5 yrs, what i said above is 100% accurate .

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This is so stupid. You realize it's a public company, and you can look at their financial statements, right? Why don't you take 10-20 mins to do so, so that you can realize how dumb your statement was?

TigerDroppings Premium Memberships pay for 100% of the server, legal, and hamster costs. Ad revenue goes straight to Chicken’s bottom line.

Most don’t know the catfish industry holds the record for consecutive years of growth of any U.S. industry in history. It grew in acreage and revenue/sales every year from the early 60s until 2003. The amount of money that flooded into it was unreal. People used to drive down from cities like New York and drive around the delta looking for people building ponds and stop and ask if they needed investments. The money led to incredible stories of huge parties, private planes, sports cars, illegal casinos, strippers, murders. Farmers drove Lincoln’s and Cadillacs on the ponds instead of trucks. Imagine a bunch of broke rednecks becoming millionaires almost overnight

The stories would make an incredible Martin Scorsese movie on par with Casino and Wolf of Wall St. But you’ll never get the people to tell it all, most aren’t alive anymore. But there’s stuff people took to their grave that will never be told. The book Catfish Days tells a little of it but not the juiciest stuff

Microsoft maintains the functionality in new versions of its products, but they move things around and change keyboard shortcuts to justify new training curriculum. Why? Because Microsoft-certified training facilities pay a massive royalty to be Microsoft-certified. It’s a huge revenue stream for Microsoft.


Oracle is the best in the world at creating gotcha situations with regards to licensing. Audit findings and subsequent fines are a huge revenue stream for Oracle. It’s a considerable percentage of their annual revenue. You can easily become a hostage rather than a customer if you don’t understand their game.

You’re greatly overpaying

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The most profitable part of a car dealership is service and parts.

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An oil change and routine maintenance and repairs.

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Who gets their oil changed at a car dealership, or 90% of the maintenance required, unless it’s free in your warranty? I’ve yet to pay for anything at a dealership.

All industries float on a sea of bullshite, but the liquor industry might be the bullshittiest of all. I watch all the threads on these boards waxing poetic (and supposedly knowledgeable) about all the differences drinkers ascertain from different bottles and varieties and laugh at all the certainty people think they have over detectable differences.

In fact, the industry is MUCH closer to the Simpsons Duff production line:



...than to some highly refined and differentiated product offering.