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David Rosenthal

๐Ÿ‘ค Speaker
36685 total appearances
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Voice samples: 1
Confidence: Medium

Appearances Over Time

Podcast Appearances

Acquired
10 Years of Acquired (with Michael Lewis)

Low SKU count for Costco is like low episode volume for you.

Acquired
10 Years of Acquired (with Michael Lewis)

Right?

Acquired
10 Years of Acquired (with Michael Lewis)

You know, it's not normal.

Acquired
10 Years of Acquired (with Michael Lewis)

It's not really natural for a business to sell less of things.

Acquired
10 Years of Acquired (with Michael Lewis)

Sell fewer things when you could sell more things.

Acquired
10 Years of Acquired (with Michael Lewis)

And everybody... But actually doing that.

Acquired
10 Years of Acquired (with Michael Lewis)

And when you walk into... It is the odd experience when you walk into Costco is the absence of choice.

Acquired
10 Years of Acquired (with Michael Lewis)

Yeah.

Acquired
10 Years of Acquired (with Michael Lewis)

And in fact...

Acquired
10 Years of Acquired (with Michael Lewis)

Consumers kind of like not having too much choice.

Acquired
10 Years of Acquired (with Michael Lewis)

There's all this research showing that if you sell 30 different kinds of jams in the supermarket, you will sell less jam than if you sell three kinds of jam because the people will just be paralyzed by the choice.

Acquired
10 Years of Acquired (with Michael Lewis)

Yes.

Acquired
10 Years of Acquired (with Michael Lewis)

And you feel like Costco.

Acquired
10 Years of Acquired (with Michael Lewis)

Someone has made all these decisions for me, and they're good decisions.

Acquired
10 Years of Acquired (with Michael Lewis)

Yes.

Acquired
10 Years of Acquired (with Michael Lewis)

But you didn't know anything about any of this when you went into the episode.

Acquired
10 Years of Acquired (with Michael Lewis)

All right.

Acquired
10 Years of Acquired (with Michael Lewis)

Give me another lesson.

Acquired
10 Years of Acquired (with Michael Lewis)

How are we doing on time?

Acquired
10 Years of Acquired (with Michael Lewis)

We're already doing the thing we should be doing.