Caitlin Hoyt’s Post

Hey! Get $5 cash when you join Grifin using my referral code. 💸 Grifin's a free app that automatically invests *where* you shop, buying you stock in the companies you spend with. 🤯 Example: Buying coffee at Starbucks today? Grifin withdraws $1 to buy you $1 of Starbucks stock when you make your purchase. ☕ Go to Whole Foods 3 times this week? You invest $3 in Amazon stock, since Whole Foods is a subsidiary of Amazon! 🛍️ It turns your spending into investing. 😎 Click my custom link to join, my code is H5VQAV; you'll get $5 when you sign up and make your first deposit, and I get $5, too! See you there ➡️ https://lnkd.in/ekPVVTPi

Hey! Get $5 cash when you join Grifin using my referral code. 💸 Grifin's a free app that automatically invests *where* you shop, buying you stock in the companies you spend with. 🤯 Example: Buying coffee at Starbucks today? Grifin withdraws $1 to buy you $1 of Starbucks stock when you make your purchase. ☕ Go to Whole Foods 3 times this week? You invest $3 in Amazon stock, since Whole Foods is a subsidiary of Amazon! 🛍️ It turns your spending into investing. 😎 Use my code when you sign up; you'll get $5 when you sign up and make your first deposit, and I get $5, too! See you there ➡️ https://lnkd.in/gvaa-3CP

Hey - Get $5 cash when you join Grifin using my referral code and link. 🎁 It's a free app that automatically buys you stock *where* you shop, investing in the companies you transact with (each time you transact there). 🤯 Example: Buy coffee at Starbucks? Grifin withdraws $1 to buy you $1 of Starbucks stock when you make your purchase. ☕ Whether it's monthly bills, gas, groceries and more, it works at all publicly traded companies AND their subsidiaries. 😎 Click my custom link to join, my code is DC8F5Y; you'll get $5 when you sign up and make your first weekly automated stock purchase! https://lnkd.in/e23RyPmd

Hey - Get $5 cash when you join Grifin using my referral code and link. 🎁 It's a free app that automatically buys you stock *where* you shop, investing in the companies you transact with (each time you transact there). 🤯 Example: Buy coffee at Starbucks? Grifin withdraws $1 to buy you $1 of Starbucks stock when you make your purchase. ☕ Whether it's monthly bills, gas, groceries and more, it works at all publicly traded companies AND their subsidiaries. 😎 Click my custom link to join, my code is DC8F5Y; you'll get $5 when you sign up and make your first weekly automated stock purchase! https://lnkd.in/e23RyPmd

Hey - Get $5 cash when you join Grifin using my referral code and link. 🎁 It's a free app that automatically buys you stock *where* you shop, investing in the companies you transact with (each time you transact there). 🤯 Example: Buy coffee at Starbucks? Grifin withdraws $1 to buy you $1 of Starbucks stock when you make your purchase. ☕ Whether it's monthly bills, gas, groceries and more, it works at all publicly traded companies AND their subsidiaries. 😎 Click my custom link to join, my code is 32L2FT; you'll get $5 when you sign up and make your first weekly automated stock purchase! https://lnkd.in/eXxcY9PE

So Amazon wants to crack Trader Joe's code? I don't blame them, but they're going about it the wrong way. This week, The Wall Street Journal published an article on Amazon's efforts to replicate the top 200 items sold at Trader Joe's—among other things—and the lengths they've gone to uncover the secret sauce behind their success, including literal corporate espionage. Trader Joe's has an absolutely rabid fan following and a winning formula that no one has successfully replicated. That's why I selected "Becoming Trader Joe" by the company's founder, Joe Coulombe, as this month's selection for the HSR Book Club. Even though it was written in 1967, it contains the secrets and blueprint that Joe used to build his business, which still forms a large part of their strategy today. https://amzn.to/444ofTy The team at Amazon could have had a much easier time trying to replicate the top 200 items Trader Joe's sells just by slowing down, looking at the information that's right in front of them, and reading this book to understand the ethos of Trader Joe's and the strategy behind their business approach. For Amazon, or anyone, looking to build a cult-like business and replicate what Trader Joe's has done, keep these top two things in mind: 1. Keep Your Target Customer in Sight: Trader Joe's mastery in catering to a niche market has been pivotal to its growth. The company has flourished by prioritizing what their customers enjoy and need above everything else. Dive deep into understanding your target demographic; rather than persuading them to buy what you offer, discover their desires and meet those needs directly. 2. Treat Your Employees Well: Echoing Richard Branson, Joe Coulombe believes, “The way you treat your employees is the way they'll treat your customers.” By treating employees with respect, kindness, and appreciation, you foster a work environment that enhances customer relations, bolsters brand loyalty, and creates a positive business image. If you're interested in joining the conversation this month, I am sharing my thoughts and prompts on how you can apply the learnings from "Becoming Trader Joe" to your life, business, or job in my weekly newsletter. https://lnkd.in/d-BeDbTT #startups #growth #traderjoes #amazon https://lnkd.in/dkAW5aGz

Thrilled that after three years of reporting my new book “The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power” I can finally start sharing parts with readers before its release next week! My first excerpt appeared in The Wall Street Journal this weekend. It showed how Amazon recruited a Trader Joe’s manager to work on its private label food brand. On her first week at the company, she stumbles upon a secretive room with brown paper covering the windows and doors that is filled with Trader Joe’s snack boxes. From there, the employee is pressured to give her manager internal Trader Joe’s documents. “You just have to give us the data!” he yells at her. The environment at Amazon where every year employees are cut from an already all-star pool of talent at a company with unprecedented access to data meant that accessing data to gain an edge—as well as using other tactics to hurt competition—was a powerful way to stay ahead and make it to their restricted stock units. There are loads of examples in the book where this dynamic plays out. As regulators around the world decry the company as being too big, Amazon’s CEO Andy Jassy has told his senior leaders it isn’t big enough. Jassy recently told his deputies that Amazon could become a $10 trillion company—the world’s largest by valuation—over the next decade. This is truly just a sliver of what the book unearths about one of the world’s most powerful and feared companies. Can’t wait for you all to read the entire book. Read the excerpt here (no paywall) and get your pre-orders in now to get a free signed bookplate until April 24! Forward me your confirmations so we can ship them out. Place your order here: https://lnkd.in/gskH3S8y #amazon #bigtech #antitrust #retail #ecommerce

As much as Amazon as both a business and a consumer makes me appreciate the ingenuity of the business model, their dominance in retail and apparent monopoly is a concern not just for us but many. They control around 40% of US online shopping - an insane amount of market power. We've all heard how Amazon reverse-engineers competitors and then breaks their strategy. But they allegedly had an entire "secret war room" just to analyse Trader Joe's top 200 products. What surprises me is Amazon choosing to bombard a player like Trader's Joe which might be only a fraction of what Amazon is. This is an interesting article questioning Amazon's dominance and the power it withholds which they don't shy away from using with an intensity that tells that they are going after every competition, big or small. #traderjoe #amazon #ecommercebusiness #consumerbrands

Target Starts $49 Membership Program to Compete With Amazon, Walmart For Target and other retailers, paid memberships are valuable because they bring in additional revenue and deepen loyalty among its customers. SARMAD MB https://lnkd.in/dHKKHKdz #financenews #finance #financetips #investing #financeblogger #financegoals #financefreedom #financecoach #finances #stockmarket #investment #financemanager #business #financequotes #financement #financemajor #financeblog #financemarket #financeadvice #financeteam #money #personalfinance #financememes #financialfreedom #financeaccounting #news #financebroker #businessnews #stocks #trading

Now the supermarket billionaires and their venture capital firm owners are fighting among themselves! Amazon, owner of Whole Foods is alleged to have designs on stealing trade secrets from rival Trader Joe's. So far, they have sought to put 4,500 local wine and liquor stores out of business - and put 50,000 New Yorkers on the unemployment line - with wine in grocery stores legislation and now this. This type of anti-competitive behavior is Unamerican. America is a great nation built upon the foundation of small family businesses and entrepreneurs. If our legislators gift-wrap our businesses and effectively hand control of them to billionaire oligarchs, monopolies and the big box store owners, where does that leave the majority of New York voters, taxpayers and small shopkeepers?  The answer is, on the outside looking in. Read about the investigative report by the Wall Street Journal, as retold by Supermarket News. https://lnkd.in/eKnQyrcW