How To Save Jobs And Get Savings Flowing During
“The Great Recession.”
Hindsight always has 20/20 vision.So let’s look at what the following
headline could have said at the end of 2008, that would have saved
hundreds of thousands of jobs and created extra cash for our savings
accounts.
According to Supermarket News.”The 75 largest food retailers and
wholesalers in the U.S. and Canada combined to produce $893.08 billion
in revenues in 2008..”
———————————————————————-
According to Sears Roebuck: 50 of the largest food retailers and
wholesalers in the U.S., Canada, and the United Kingdom sold $900 billion
in groceries and merchandise, even though their customers only spent
$300 billion in 2008: thanks to Prepaid Grocery and Merchandise
Membership Cards.
In addition, there were no job lay offs, no involuntary store closings, or
bankruptcies in “The Big 50″ group of stores during 2008.
Why did the financial meltdown and “The Great Recession” bypass “The Big
50?”
The answer…Prepaid Grocery and Merchandise Membership Cards that
included $300 a month in groceries and merchandise, a built-in $36,000
savings account, and a 30 year 100% cash and merchandise refund if a
member had to quit for some unforeseen reason or no reason.
What can other supermarket chains
and mass merchandisers like Sears, Target, and JC Penny learn from
this phenomenon?
The “Big 50,” as a group, test marketed 250 million Prepaid Membership
Cards at $100 a month beginning in September 2007.
Some results are in:
1) Each Member of the “The Big 50″ now enjoys a monthly cash flow of
$.5 billion (1/2 billion) per month from prepaid membership deposits.
2) By having no lay offs, or reduced man hours, “The big 50″ saved
hundreds of thousands of jobs and saved the government millions of
dollars in unemployment payments.
3) The 250 million prepaid membership card holders each have $200 a
month cash available for savings or help pay off their credit card debt .
What’s the message to the rest of the retail sector?
“If you want something you’ve never had, You have to do something
you’ve never done.” Mike Murdock
Your comments are welcome.
