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I really enjoyed reading your post.
I was not aware that “a typical Trader Joe’s store carries 4,000 SKUs per store, a mere 8% of the 50,000 SKU industry average” but maybe the fact that Trader Joe’s are small-mid sized stores helped them to have the local feel.
FYI mochi ice cream was not very good…
Hey Anish, this post was really fun to read.
I wonder whether this business will shift toward ads-revenue model someday. Given the fact that it mainly covers low price hotels, 10-20% margin may be significant from participating hotels. It may be interesting to see at which point it makes sense to shift from margin model to ads revenue model.