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SPECIAL: Nick Devlin and Elliot Turner on the Business Model of Naked Wines

This Week in Intelligent Investing

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How Does the Consumer Relationship Work?

Naked is a company that combines the best traits of market place and subscription businesses. There are nearly a million members in ee paying a monthly deposit into their account we call an angel account o our members angels, that gives us a pool of capital. I thing iaw somewhere in the region of three dred million dollars a year being paid in now. The way the customer pays you is different than the way some one would for a club, for example.

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