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Paperback c-store ‘nomics arbitrage: mining for efficiency and opportunity in convenience retailing Book

ISBN: 1980285985

ISBN13: 9781980285984

c-store ‘nomics arbitrage: mining for efficiency and opportunity in convenience retailing

Arbitrage in the convenience store space? The worlds of high flying finance and data science aren't normally seen intersecting with what outsiders might just see as dirty fountain soda machines and endless aisles of unhealthy snacks. Then throw in two-for-one specials at the checkout counter and a mostly forgettable consumer experience. But behind that facade of windows plastered with low brow marketing and dusty counters is what the smartest convenience retail brands have been able to realize as the ultimate form of arbitrage and then turn into a science. Either you have no idea what arbitrage is or why its realization in a study of the fashion and music industries, financial markets, and social media could really help you make more money. Don't let industry experts fool you into thinking that you've either missed the boat or that they're doing everything better than you. The convenience retailing industry doesn't scream sex appeal by any means. To many it's the epitome of mediocrity. A very narrow bell curve with a high peak with little seen variation from the middle. However, for those players who invest into heavy and continuous analysis of their business, it does provide a dazzlingly provocative element -- predictable cash flow. With year on year comparison sales growth for which few industries can consistently boast, this particular one has been known to help thousands of entrepreneurs realize a level of success that would normally require navigating tricky and long winded barriers to entry. You reap the benefit of elevating your status to being the ultimate arbitrageur. Fame not necessary. But fortune along with effecting change highly desired.

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Format: Paperback

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Business Business & Investing

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