So I'm getting ready to launch a digital subscription service, and I am really debating with myself in terms of the introductory pricing model. Ultimately I want to charge $9.99 a month, just can't decide the best way to get there. Here are my options.
A.) First month is free, then goes to $9.99
B.) First month is $2.99, then goes to $9.99
C.) Start straight up with a $9.99 price point
Almost every digital subscription site I have seen has some type of penetration pricing, so it has to work on some level.
Any reason not to do this?
Thoughts?
Hi All, I have recently started a designer boutique for women's apparel. Although there are umpteen number of boutiques in this area, I still have chose this area because of 2 reasons
- Many women around this area are interested in wearing designer clothes
- I have a friend in my location who can give me good deals on fabrics, dress materials and can suggest my boutique to all his customers.
Now to penetrate into this saturated market, I have implemented penetration pricing strategy. I offer the best quality stitching and finishing at the lowest possible rates. In fact I charge only 60-70% of what my competitors charge.
So far I am hardly making what i am spending, but with my day job, I have saved a few bucks and can go on like this for another 6-7 months.
So I am now thinking about what would be the next step for me and if I have to increase prices, how do I do it without losing my customers.
One thing I can think about is if I maintain this same premium quality, customers would still come to me, but I was wondering if there are any other better strategies. Thank you.
Pretty good offer. What do you think People?
Price:
3.99
Discount:
50%
Expires:
June 6, 2021
Retailer:
Princess Auto
Princess Auto has aerosol cans of 3-IN-ONE White Lithium Grease, Silicone Lubricant and High Performance Penetrant Spray on for half price at $3.99 in their upcoming flyer. They seem to have them on sale every couple of months.
The Sale price is effective May 25-June 6
It’s not up on their website yet – I usually receive the flyer in the mail a few days before it starts.
The Silicone spray is great for waterproofing boots and shoes in addition to its intended purpose.
The White Lithium Grease is good for automotive hinges and latches. I use it to spray the gears in my Sears Made by Chamberlain electric garage door opener.
I was gifted a Ruger 57 for Christmas, and now I have two different boxes of ammo. Since I plan on keeping it mainly for home defense, I'm wondering which type of bullet would serve me better between FMJ or V-Max? For reference, I live in a normal suburban home in the US. Thanks for any help.
Below is my summary after digesting the FQ3 call and earnings presentation. I have summarized into four buckets -- 1. Positives, 2. Negatives, 2. Other comments and 4. Catalysts that I believe will start to unfold over the coming year:
Positive factors
- Strong customer demand
- Achieved HSD comps growth from Black Friday to Cyber Monday à still a top destination for customers
- Greater levels of in-store shopping versus prior year
- Sales/traffic conversion in store and online were both solid
- Continued to use promotions more strategically driving profitable customer engagement
o Coupon exclusions, fewer clearance discounts, event-driven coupons during key shopping periods
- Corrected gross margin issues diagnosed in FQ2 with surgical dynamic pricing in FQ3
o 320 bps merchandise margin increase, more than offsetting 270 bps impact from higher freight
o Gross margins up from both 2020 and 2019 levels à key financial barometer of 3-year strategy
- Continued double-digit growth in BuyBuyBaby à Expected to reach $1.3bn of sales by FY’21, which is ahead of company target from 2020 investor day, with improving profitability and market share
- Achieved one of largest new member subscriber quarters on record à from 1.8mm to 2.2mm in FQ3’21
o Company did note use of reduced membership fees to gain broader adoption, but sees the lifetime value of customer (particularly across banner shopping) justifying the move
- Declining adjustments to gross margins à only 30 bps differential from adjusted to reported gross margins
- Store closure sales recapture rates continue to trend above investor day target of ~20%
- Announced incremental $100mm SG&A rationalization to ensure expense to sales ratio held in check given the headwind à combination of fleet optimization and fixed cost/discretionary cost outs
o Will not come from any of the key strategic investments supporting turnaround
Negative factors
- Vendor constraints/locked inventory
- Ill-equipped legacy infrastructure
Other considerations
- Inability to meet demand with product availability due to inventory constraints (both vendor and company) accounted for approx. $100mm of YoY sales decline, virtually the entire negative comp
- Inventory disruption issues continue to affect December (greater than MSD comp impact)
o Company was caught basically flat footed as turnaround strategy prioritized other investments in 2021 with plans to overhaul supply chain/infr
... keep reading on reddit ➡I don't want to step on anybody's toes here, but the amount of non-dad jokes here in this subreddit really annoys me. First of all, dad jokes CAN be NSFW, it clearly says so in the sub rules. Secondly, it doesn't automatically make it a dad joke if it's from a conversation between you and your child. Most importantly, the jokes that your CHILDREN tell YOU are not dad jokes. The point of a dad joke is that it's so cheesy only a dad who's trying to be funny would make such a joke. That's it. They are stupid plays on words, lame puns and so on. There has to be a clever pun or wordplay for it to be considered a dad joke.
Again, to all the fellow dads, I apologise if I'm sounding too harsh. But I just needed to get it off my chest.
Darkest Dungeon II Experimental Branch - 0.11.30447 - Torch and Trophy PLAYER PROFILES
Before we get to the main new features we added for gameplay, we also wanted to add the ability for players to have multiple profiles on their machines. Now when you boot up the game for the first time, you will be asked to create a profile by entering a name, selecting what language you want to play in, as well as taking a moment to opt-in to our data collection, before you hit the main menu. If you already have a profile and have been playing since release, no worries! We will convert your existing profile and save to the new structure and you can keep on going where you left off. Want a friend or roommate to try the game out, but don’t want them to tank your run? You can now have up to 10 profiles on a single install of the game, each with their own runs.
- IN GAME PATCH NOTES :
We’ve added in-game patch notes! From now on, all patches, hot-fixes, and updates will have their contents documented in the client for the duration of early access. The feature is still in its nascent stages but we hope to continue to add small quality of life improvements to help us better communicate the changes that happen to Darkest Dungeon II throughout it’s life in early access. To start you can see an icon and know that this change or fix came as a result of actioning some of the amazing feedback we’ve been able to collect on our Discord, web boards, or our in-game feedback tool! So thank you for contributing and each time you see the icon know that your input has helped us in our path to making Darkest Dungeon II the game we want it to be.
- TROPHY SYSTEM / MOUNTAIN ENTRY :
Starting with this patch, you must mount a TROPHY on your Stagecoach in order to enter the Mountain. TROPHIES can only be obtained by slaying a Region Boss. Remember that Region Bosses live in LAIRS. To help you hunt down the bosses, all LAIRS will now be scouted by default, which means they’ll always be revealed on the map. The choice of whether to attempt to slay a boss early in the expedition or later on is up to you. But you must successfully slay at least one boss in order to tackle the Mountain and win the run. Each boss has two different trophies that they can drop. These trophies can dramatically affect your heroes or the Stagecoach. We won’t spoil them here! What happens if you don’t have a Trophy when you reach the Mountain? First of all, if you enter the last regio
... keep reading on reddit ➡Do your worst!
I'm surprised it hasn't decade.
For context I'm a Refuse Driver (Garbage man) & today I was on food waste. After I'd tipped I was checking the wagon for any defects when I spotted a lone pea balanced on the lifts.
I said "hey look, an escaPEA"
No one near me but it didn't half make me laugh for a good hour or so!
Edit: I can't believe how much this has blown up. Thank you everyone I've had a blast reading through the replies 😂
It really does, I swear!
- I just got an customized AR-15 from AERO. And I’m so happy to join the community!
- It’s a multi Caliber rifle “5.56 and .233” it’s chambered in 5.56 so it can handle both. What ammo do you recommend for self defense and any places that don’t price gouge in the Eugene Oregon area? Any ammo in general honesty
- I have a bit of shooting experience from classic bolt-actions rifles and shotguns, was the transition to an AR-15 the correct choice?
- Besides an angle fore grip that I’m getting are there any accessories worth getting?
- What short-mid range optics are the best for the AR platform? I’m using this rifle as self defense initially as it’s my first.
Following Chamath Palihapitiya’s publication of his investment thesis on Mitra Chem, I wanted to share some of my writings on the lithium industry in a similar format (1-pager). I also believe that, amid growing concerns over the Omicron variant and faster-than-expected tapering, here is now the best period to get knowledge about secular growth and megatrends, and position
I’ve been interested in this industry since early 2021 and I found it appealing from both a top-down and bottom-up perspectives. I will not share any view on specific stocks but I must report that I do own shares in Albemarle and SQM since early 2021.
Actors
- Lithium Producers: Ganfeng, Tianqi Lithium, Albemarle, SQM, Livent, Orocobre, Lithium Americas
- Spodumene* Producers: Pilbara, Mineral Resources, etc..
- Tons of small-cap “emerging projects”: Piedmont Lithium, Ioneer, Neo Lithium, Bacanora Lithium, Savannah Resources, etc..
The five first mentioned lithium producers above account for 80% of the annual global production of lithium.
* raw resource mined to produce lithium carbonate or hydroxide
Global Environment
- Climate change requires the global ramp up of electrification across a wide range of carbon-based sectors, including transportation responsible for 16.2% of global greenhouse gas emissions in 2016 (World Resources Institute, 2020). Lithium is an essential component of this shift thanks to its electrical properties.
- Traditional market usage and accelerating EV adoption, coupled with growing charging infrastructure and government support, are placing inevitable strain upon the lithium supply chain.
- China is dominating the global share of conversion facilities and battery production. Over reliance on other countries leaves the USA and Europe at a significant risk to achieving an independent sustainable energy future. It will lead to investment opportunities for lithium producers with conversion capabilities and battery producers located in the USA/Europe.
Drivers, Expectations and Opportunities
- Primary driver of lithium demand is EV demand, itself driven by:
- Regulatory framework, government incentives and strong OEMs commitments
- Growing charging infrastructure and improving battery technology with full manufacturing cost parity with combustion engine cars to be reached by 2025-26
- 2020 vs. 2030e vs. 2040e global new EV sales market penetration: 4% vs. >40% vs. >70%. EV were 7.2% of total passenger car sales in 2Q 2
What is Warhammer 40,000?
Unless you've never stepped foot in any game store, you've probably heard about Warhammer in some capacity.
Warhammer 40,000 (40k) is the tabletop wargaming behemoth produced by Games Workshop. Set in the 41st millennium, this sci-fi tabletop wargame features humanity seeing itself beset by aliens, mutants, and heretics alike. As of writing this post, the core game is currently in it's 9th edition.
Players of this game select a faction that they like, such as the super-human Space Marines - which are basically Hulk Hogan-esque manly men strapped with 400 tons of armor and given a machine gun that spits out RPG sized bullets, the alien monstrosities of the Tyranids that are very much akin to the Alien Xenomorphs or the Starcraft Zerg, or the heretical faction of Chaos that fully pledge themselves to evil 'gods' and are enthusiastic spike enjoyers.
They then conduct battles with miniatures (that are first assembled and then painted) on a table which represents the battlefield.
To say it has a vast media portfolio and presence of its universe would be an understatement. The wargames popularity has been steadily rising since it's inception of 1987 and further increasing with video games such as Space Hulk, Dawn of War, and Mechanicus, a massive collection of books detailing the lore of the setting, satirical parodies that are continually referenced, and even celebrities such as Robin Williams(RIP), Vin Diesel, Ed Sheeran, and Henry Cavil mentioning their hobby. Hell, even WWE wrestler Shayna Baszler wore 40K themed attire to a wrestling match.
Of course, there is also a decently large competitive atmosphere to the game, where people take the best army they can field and duke it out with other players in large convention halls and gaming clubs to see who can wear the least amount of deodorant whose toy soldiers reign supreme.
With ~21 different armies to pick from, featuring (at the very least) 8 units to pick from, the game has had issues with balancing these armies to put it bluntly. From what was covered on this sub already, we have the Fish of Fury, the Iron Hands Meta, and to finally, the topic of this post.
Cry Havoc, and Let Slip the Elves of War
Enter the Drukhari, or Dark Eldar\Dark Elves for us older fans.
T
... keep reading on reddit ➡They’re on standbi
Hello, i have some questions and was wondering if anyone could help me out in my market trading career by answering them:
-
Is there an easy way to see price volatility for all or multiple items? It's tedious to evaluate each item individually.
-
How would you calculate daily penetration or expansion for quantities of a given item's sell orders? You have orders being fulfilled, which eats away at the layers of orders, but you also have people adding new sell orders. How do you calculate the net daily penetration/expansion in quantities available for sale?
Presumably it's some function of average order age, average unit quantity per order, and units sold per day?
-
How much does Jita comprise of total volume of regional units sold/bought of the Forge on average? My back of the envelope estimate is around 14-15% but curious what you all think.
-
EVE discloses total volume of purchases AND sales, but is there a way to determine just sales?
With the recoil/ballistic change they made this patch this caliber feels dogshit, I just reached LVL40 so had the ooportunity to try different builds and I honestly think it will be almost never used later in the wipe because:
- M4s are extremely expensive to build, not even talking about best in slot stuff. for example I made a cool tan build just because I wanted it to look cool: 350k roubles and it's not even using a scope.
- Ammo availibility is awful, you can only buy a handful of 55A1 meanwhile you can both craft+buy 762 BP in good quantity because you don't need much since the rof is much lower.
- The strenght of the M4s was that we were basically able to make them laser beams, you can't do that anymore. Wich is not a bad thing in one way because the 60 mag dumping meta was kinda boring but nothing has been done do balance them in return. For example AKM have low rate of fire but still slaps because of BPs so good pen + high flesh dmg.
I understand that not every caliber needs to be viable but for the future of the game this caliber have to be viable because traders are going to give more specific gear to USEC and BEARs depending on their faction, and USEC are suposed to mainly use NATO gear so M4s are suposed to be "the main weapon". If this is what 556 is going to be Im def switching faction for the next wipes because fuck that.
Pilot on me!!
Official DD theme music: MEGA NRG MAN - BACK ON THE ROCKS and [Manuel - GAS GAS GAS] (https://www.youtube.com/watch?v=atuFSv2bLa8) and Ken Blast - The Top please listen to this as you read. Eurobeat music will give you Adderall like effects and help you read/comprehend this DD. The lyrics are also quite stock-y.
“When you get to the top
You ever been to the top?
Just listen... let me tell ya
Hear what you're missin'
Shut up and listen!
In the beginning you'll get crazy
Spending all the money you got
No more women to love you now
You gotta go and leave town“
So I’ve taken my daily Adderall, caffeine, and nicotine; I’m in a DD mood. I was requested by a few users to write an $MU (Micron Technology) DD.
Company profile:
“The world is moving to a new economic model, where data is driving value creation in ways we had not imagined just a few years ago. Data is today’s new business currency, and memory and storage are strategic differentiators which will redefine how we extract value from data to expand the global economy and transform our society.
As the leader in innovative memory solutions, Micron is helping the world make sense of data by delivering technology that is transforming how the world uses information to enrich life for all. Through our global brands — Micron and Crucial — we offer the industry’s broadest portfolio. We are the only company manufacturing today’s major memory and storage technologies: DRAM, NAND, and NOR technology.
By providing foundational capability for innovations like AI and 5G across data center, the intelligent edge, and consumer devices, we unlock innovation across industries including healthcare, automotive and communications. Our technology and expertise are central to maximizing value from cutting-edge computing applications and new business models which disrupt and advance the industry.
*From our roots in Boise, Idaho, Micron has grown into an influential global presence committed to being the best memory company in the world. This means conducting business with integrity, accountability, and prof
... keep reading on reddit ➡Nothing, he was gladiator.
Below is my summary after digesting the FQ3 call and earnings presentation. I have summarized into four buckets -- 1. Positives, 2. Negatives, 3. Other comments and 4. Catalysts that I believe will start to unfold over the coming year:
Positive factors
- Strong customer demand
- Achieved HSD comps growth from Black Friday to Cyber Monday à still a top destination for customers
- Greater levels of in-store shopping versus prior year
- Sales/traffic conversion in store and online were both solid
- Continued to use promotions more strategically driving profitable customer engagement
o Coupon exclusions, fewer clearance discounts, event-driven coupons during key shopping periods
- Corrected gross margin issues diagnosed in FQ2 with surgical dynamic pricing in FQ3
o 320 bps merchandise margin increase, more than offsetting 270 bps impact from higher freight
o Gross margins up from both 2020 and 2019 levels à key financial barometer of 3-year strategy
- Continued double-digit growth in BuyBuyBaby à Expected to reach $1.3bn of sales by FY’21, which is ahead of company target from 2020 investor day, with improving profitability and market share
- Achieved one of largest new member subscriber quarters on record à from 1.8mm to 2.2mm in FQ3’21
o Company did note use of reduced membership fees to gain broader adoption, but sees the lifetime value of customer (particularly across banner shopping) justifying the move
- Declining adjustments to gross margins à only 30 bps differential from adjusted to reported gross margins
- Store closure sales recapture rates continue to trend above investor day target of ~20%
- Announced incremental $100mm SG&A rationalization to ensure expense to sales ratio held in check given the headwind à combination of fleet optimization and fixed cost/discretionary cost outs
o Will not come from any of the key strategic investments supporting turnaround
Negative factors
- Vendor constraints/locked inventory
- Ill-equipped legacy infrastructure
Other considerations
- Inability to meet demand with product availability due to inventory constraints (both vendor and company) accounted for approx. $100mm of YoY sales decline, virtually the entire negative comp
- Inventory disruption issues continue to affect December (greater than MSD comp impact)
o Company was caught basically flat footed as turnaround strategy prioritized other investments in 2021 with plans to overhaul supply chain/inf
... keep reading on reddit ➡