Patti Labelle's Sweet Potato Pie selling $2.3 million underscores the power of Black Dollars

EARFQUAKE

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I dont fukk with community banks. What i look like being limited to 2 ATMs in a city.

I can't mess with community banks anymore, especially since I travel a lot. ATM fees are too damn high :ohlawd:

I'm with a bank now that actually pays me back ATM fees along with interest if I use a different ATM. :obama:
 
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The_Sheff

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Why do you go to the ATM so much?

Between travelling for work, hair cuts, and parking fees I go about 4 times a month. That's 12 bucks in fees right there.

If I'm going to put my money somewhere inconvenient I'll put it in a credit union, better benefits there than any community bank I've seen.
 

At30wecashout

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:patrice:I wonder if there will be some financial statements on this later, cause the fact they came out of Walmart, it leads me to believe a few things:
1. This may be the discretionary spending of very low wage people.
2. Walmart is getting it's cut, which may be sizeable.

Assuming this isn't "flash in the pan", this would be better served by being in Black-owned stores, with marketing behind it. That is unless Walmarts supply chain was too
sweet to pass up. Iunno, these things usually take way more money out than they give back, especially when you are using a Multi-national for your wares.

Good that people supported her. How many stores were the pies sold in?

Edit: @ $3.48(before tax), roughly 640,000-660,000 pies were sold:ehh:

Apparently, this video popped shyt off



Marketing is key.
 

Rawtid

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Between travelling for work, hair cuts, and parking fees I go about 4 times a month. That's 12 bucks in fees right there.

If I'm going to put my money somewhere inconvenient I'll put it in a credit union, better benefits there than any community bank I've seen.
Thats interesting. I didnt realize you got hit with fees. Thought it was more about convenience. i belong to a credit union but they share lending networks with other banks so no fees. I can see why switching is a better move.
 

FSP

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:patrice:I wonder if there will be some financial statements on this later, cause the fact they came out of Walmart, it leads me to believe a few things:
1. This may be the discretionary spending of very low wage people.
2. Walmart is getting it's cut, which may be sizeable.

Assuming this isn't "flash in the pan", this would be better served by being in Black-owned stores, with marketing behind it. That is unless Walmarts supply chain was too
sweet to pass up. Iunno, these things usually take way more money out than they give back, especially when you are using a Multi-national for your wares.

Good that people supported her. How many stores were the pies sold in?

Edit: @ $3.48(before tax), roughly 640,000-660,000 pies were sold:ehh:

Apparently, this video popped shyt off



Marketing is key.


Is it really a black business or is it just Wal Mart brand with her recipe?

That dude is hilarious
 
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