The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Stephen Culp argues blanket retail sales leave significant profit margins behind
“Versus let's just say a Black Friday sale or a clearance page where they're generally just guessing a discount level that then applies to all all of the products they're selling for that level. And they're probably leaving margin on the table.”
PriceWaiter commissions undercut traditional paid advertising or affiliate fees
“Almost in every case, it's going to be better than what they would have paid had they paid for ads or then some sort of affiliate arrangement or whatever.”
Retailers report PriceWaiter drives incremental revenue without cannibalizing existing sales
“It turned out that the revenue that retailers were earning through the SAS product They themselves classified as accretive or incremental revenue, meaning not cannibalizing their existing sales on top of their existing sales.”
PriceWaiter secures incremental sales at smaller discounts than merchants typically expect
“The retailer gets a sale they wouldn't have had before, most of the time at a discount less than they would have been willing to offer.”
Culp: Online shoppers negotiate prices for the sport of winning
“They like the win. They like the sport.”
Culp: Pricewaiter charges zero to consumers and monetizes via retailer commissions
“A revenue model is we take a commission on the sale, so the consumer doesn't pay anything, the retailer pays us, but it's absolutely worth it for them because they have no cost of acquisition whatsoever.”
Culp asserts Wayfair has a billion-dollar marketing budget
“Wayfair has a billion dollar marketing budget.”
Culp: Pricewaiter has processed approximately 100,000 orders
“We've had about a 100,000 orders go through”
Culp: Chasing curious challenges without a consistent thread is inefficient for careers
“I wish my 20 year old self knew that it would be important to have some sort of consistent thread from Throughout my career path, I've been more someone who would jump at things I was curious at or I thought might be difficult challenges, and while that's ente…”