Crumbl Cookies has exploded into all 50 states, thanks to a savvy business model centered on social media marketing. Meanwhile, a drone mystery in New Jersey has sparked interest as several drone stocks surge. In a competitive twist, Waymo has outpaced Lyft in the ride-hailing market, highlighting the importance of financial backing. Plus, did you know PEZ candy was originally inspired by cigarettes? Tune in for these intriguing stories and more!
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Quick takeaways
Crumbl Cookies' innovative B2A business model, leveraging social media and FOMO marketing, has fueled its rapid expansion across all 50 states.
Waymo's recent dominance over Lyft in the ride-hailing market highlights the competitive edge provided by significant financial resources and technology investments.
Deep dives
Crumble Cookies: A New Business Model
Crumble Cookies has achieved significant growth by recently opening its 1,000th store across all 50 states, transforming into a billion-dollar company. The chain's unique business strategy, referred to as B to A, or business to algorithm, centers around leveraging social media to drive sales and engagement. Crumble releases six new cookie flavors every week, creating a sense of urgency and exclusivity, which enhances its appeal among younger consumers. This FOMO (fear of missing out) marketing approach effectively engages customers, as highlighted by their massive followings on platforms like Instagram and TikTok.
Drone Industry Buzz Amidst Mystery
Recent reports of mysterious drone sightings in New Jersey have sparked intrigue and speculation, leading to a surge in interest for drone-related stocks. Companies like Redcat have seen significant stock jumps as the drone industry gains traction on Wall Street, partially fueled by conspiracy theories and public curiosity. While government sources downplay the phenomenon, it's evident that the drone sector is being revitalized through various applications, including recreational use and military advancements. The excitement around drones has made them the latest trend on social media and stocks, resembling a modern meme stock phenomenon.
Waymo's Rise Over Lyft in Ride-Hailing
Waymo has overtaken Lyft in San Francisco's ride-hailing market, a surprising shift given that Lyft was the first ride-sharing service to establish itself in the city. Data indicates that Waymo now accounts for a significant portion of rides, challenging Lyft's long-standing dominance in its home market. The success of Waymo, owned by Alphabet, reflects the advantages of deep financial resources that allow for sustained investment in advanced technologies. As major car manufacturers exit the self-driving market due to high costs, tech companies like Waymo are positioned to thrive and dominate the future of autonomous transport.
Crumbl Cookies have reached all 50 states with a new biz model… B2A: Business-to-Algorithm.
There’s a drone mystery in the New Jersey skies… So we found 3 drone stocks surging.
Waymo just passed Lyft for the 1st time ever in a ride-hail market… because money is a moat.
Plus, PEZ candy was actually inspired by cigarettes… and that wild story is the latest episode of our weekly show, The Best Idea Yet. 🍬Pez: The Cigarette-Inspired Candy. Subscribe to our new (2nd) show here: Wondery.fm/TheBestIdeaYetLinks. Episodes drop weekly. It’s The Best Idea Yet.