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For extra holding costs or Miss sales but it’s also advertising its also customer experience it’s also, bundles which also fall out of stock if a component is out of stock and so the blast radius is wider but we have a way to tie that all together and be able to make smarter economic decisions based on that.
Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs. That’s the billion dollar question.
Apple Identifier for Advertisers (IDFA) – Goes from Opt Out to Opt In Q1 2021 Google Play Services ID for Android (GPS ADID) – Still Opt Out. Advertising rates go down which depreciates ad based business models (content sites and games). Mobile Tracking (Digital License Plates for Mobile Users). Publishers – Loser.
Amazon Shopify Competitor (shipping solution). Shipping (Shopify) – launch own DSP. Jason: [4:27] Yeah I want to say their stock was at 450 when you made that prediction and you can get it for the budget price of 1193 right now. Grocery E-Com > 10% someone deploys(not pilots) MFC. Retail Media > $20B.
We don’t, we don’t stock things there. And yeah, it is, I was like, I’m not going to look at the stock, it’s not going to influence me. 10, 20, 50, 100, 250 locations now. And it’s like, okay.
While traditional CPGs may review their pricing quarterly, and set marketing strategies annual, Perch adjusts pricing strategy hourly, and advertising strategies daily. People used to record ideas on dead trees and sometimes you need a copy of the dead tree so you could actually make a machine that duplicated the dead tree.
Jason: [5:17] Yeah the crazy bald super buff guy that owns his own rocket ship and then buys the company James Bond works for like I think that’s the theme for like a James Bond movies. Jason: [5:06] Yeah well a couple of That’s So a whether Jeff realize it is it or not he could only is the bond villain in this scenario.
If you like is wrong I know how I got in this like funky like creative advertising world with all these I kept custody clients like I totally don’t fit in. Jason: [1:48] Yes unfortunately not a large enough chunk of the total addressable Market are Geeks.
Started selling fashion and store stock Closeouts Retail Arbitrage early days of eBay and then when I was 18 years old. Excellent capability of functioning in the warehouse so providing quality control integrating with the shipping carriers like ship work shipstation. Matt: [4:59] Yeah it was a it was a lot of fun so.
Scot: [33:57] Yeah and then yeah so I think I think they probably, you know what they’re doing is 10 experiments and getting rid of 3 and people focus on that versus the seven they’re keeping in those seven they’ll keep iterating on and making better so I don’t think it’s dead.
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