Why Nespresso Looses Money Everytime they Sell Coffee Machines ☕ It’s crazy, but Nespresso doesn’t make money on their machines—they actually lose money. But that’s all part of their genius strategy. The real profit? Coffee pods. Once you’re in their ecosystem, you’re locked into buying their pods, which have huge profit margins. Even better, since pods are a recurring purchase, Nespresso makes money every time you make a cup of coffee. What other companies use this strategy? cough cough Xbox… costco…. #nespresso #business #marketing #money #capitalism #personalfinance #learnontiktok #moneytok

Why Costco Loses Money on Their $1.50 Hotdog 🌭 Even though every single thing in existence is rising in price, the hotdog remains $1.50. If you adjust for inflation, the hotdog really should cost around $4.40 (which is still a great deal imo) The famous hotdog is one of costco’s many loss leaders. They lose money on it intentionally just to keep their customers happy (keep paying membership) and to get them in the door so they can buy more stuff. Works like a charm, how many times have you went for a hotdog and left with a whole grocery haul? #costco #business #money #businessnews #personalfinance #learnontiktok #moneytok

How to Get PAID If Your Luggage Gets Damaged 🧳 This happens more than you may think. People mishandle bags, freak accidents or simply it gets crushed underneath a bigger bag. But don’t worry, you’re about to get paid :) Just make sure you have picture proof of your luggage before so it’s undeniable. Has this ever happened to you before? #luggage #airlines #spirit #boeing #southwest #travel #travelhack

FTC’s New “Click To Cancel” Rule 👿 Say goodbye to confusing and long cancellation processes! According to a new FTC rule, companies are no longer allowed to make cancelling subscriptions annoying long or confusing. Many companies do this because they know that most people will just give up and end up forgetting about their membership. Think amazon prime, netflix, curology and the most infamous, PLANET FITNESS. What do you think about this rule? What other companies make it hard to cancel? #business #FTC #planetfitness #money #biz #biztok #hustle #moneytok #personalfinance #fintok #learnfromme

When Hotels Try To Scam You… 🏨 If you ever stayed at a hotel, then you know about all of the random fees that get added in addition to the stay. It’s never the price you are advertised. You most likely got hit with a “destination fee”, which is just like resort fee where you pay for the extra amenities, except no resort and no amenities. The destination fee is a classic junk fee, that can be waived… sometimes. What other hotel chains do this? Have you ever waived this fee? #hotel #hyatt #travel #marriot #hotelstay #junkfee #scam #money #personalfinance