Also in this playlist...
This transcript is automatically generated
I think we -- -- -- about our small business spotlighted the day and actually this is kind of cool I'm a little bit -- although I can't I fully understand.
Adam Berkowitz is with a straight asked CEO and founder of stock and -- and I'm fantastic carry up their businesses stocking go is my.
Basically about stocking up on the products that I need.
Absolutely like toothpaste.
Toothpaste -- your health and beauty aids hair care products household type items.
Now why am I buying in bulk.
Because you can get the best prices guaranteed free shipping -- if you doorstep and we are charged tax and state except the state in New York so -- OK so here's the thing.
My -- with cost come.
Who is it's not -- -- -- -- is bigger.
And in a time like this I don't necessarily have the man drives to clock out at Costco to do it one -- -- shopping so.
How then do people out of the money to buy in bulk because you don't just have to buy -- we actually -- lowest prices on one single item.
We get additional discounts of people by six or more twelve awards.
So we hear it directly competing with the form seasonal absolutely -- -- -- conference an account why would why.
-- because everybody needs health and beauty -- when my business partner Jonathan I set out to them to create stop and go we want to provide the best brand name products at the lowest prices possible.
But the current economy times really tough the website -- don't know what's its head up and that means contrasts okay.
See you guys and why do you products what do you think is everybody needs and.
They're doing subsidies everybody needs health and beauty aids hair care products are about to introduce fragrances and many -- right and how are you getting out I mean how are you.
Getting great prices out of these merchandise -- by very large inventory of of products both from distributors manufactures its Saturn stock up on.
OK so let's take two thinks it's kind of -- is really stupid expensive his -- from loans to -- -- fancy wants to focus on talk about what I get what kind of what's the discount that you you think your offerings.
Crest that I don't want to be toward the exact price but it's probably around three dollars and into it you know and really a.
-- should know shipping fee is only spent 25 dollars or about no way yet.
Responded I am auto -- -- that I need pharmacy wise.
You should never afraid that and tell me it's most likely if not definitely going to be cheaper correct we guarantee that feeling there.
How did you funds.
We funded in my business partner and I we had -- -- previous businesses as well as we have a little private funding fondness -- got some money from some people.
We have a cushion in case we need OK when did you launch November 1 2010.
So you over was -- out to be here and we've outpace our goals by three times.
-- I didn't -- out as a social media social media search engine marketing search engine optimization FaceBook Twitter.
Affiliate programs and making money.
We're making money -- there has not that's a that you could say -- and I still would think you're fine because it's a tough market these days isn't a software.
Sign up for it is for the items that were selling items and everybody needs and if you can get the best prices people can save time my shopping online.
Think it's a gas they can save aggravation we could just have -- -- striking to -- that.
OK so what's the gonna to take over the world.
Have some specific.
We we're about to launch 15100 fragrances we just launched all Halloween costumes as well and we're gonna continually add different.
Verticals within our category become a lot like a big CBS.
Maybe I mean zappos started out would choose Amazon with books and made we will potentially grow to be a scale -- and.
Now let's talk about this town meaning that you were just out President Obama yes so it was hosted right -- in.
Correct you were one of sixteen participants in you said there were how many applicants.
There's -- 120 million members a Lincoln and they chose sixteen members to represented.
It's sixteen people represented remembered that you were chosen through Linkedin -- -- yes why do you think she's in because some small business owner I started up a business that.
During Madonna -- -- people unemployed that we want to take.
Our own destiny join hands and and provide people a great solution on items that they need every single day which is why -- -- start this company.
Filter by section