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#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts
My First Million
Are You Going to Give Up 15 % of Your Revenue to Give a Discount?
If someone's good, if you're going to spend. 30% of your revenue in order to give the customer a discount if they pay up front? But i think it works both ways. You get two benefits. One is they prepay, so you float all the money that way and you're able to let cash flow the business better. The second thing is, not everybody's going to maximize the value. So there's like a breakage model wherea, some people use the full amount,. A great and you know, if 30 % of people don't max out. That's just free money for you that you didn't have to spend it an spend a dime on and
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