consumer packaged goods

also referred to as: cpg

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 21, 2025 by Mike Salguero · across every show →

Everything said about consumer packaged goods, oldest first

Apr 21, 2025
Insight
Salguero: Healthy DTC CPG businesses operate on 30% gross profit margins
“It's like a 30% gross profit. So if you sell a box of meat for a hundred bucks, you make 30 dollars on it after you've shipped it and credit card fees and all that. So 30% gross profit, basically 10% to operate the place. So salaries, technology, rent, et cete…”
Mike Salguero Apr 21, 2025 ▶ 48:06 He raised $30M & failed. Then raised $0 & grew to $550M in revenue. Here's what he learned. | Mik... · PMF Show
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