David Phillips (entrepreneur) - Process

Process

Phillips calculated that the return on a mail-in food promotion outweighed the price of the Healthy Choice frozen entrees. He later discovered the same promotion also included individual pudding packages at 25 cents apiece. He subsequently visited ten grocery stores in the Sacramento area, buying every case of pudding available, totaling 12,150 individual servings of pudding, for $3,140. In order to divert attention, he claimed he was stocking up for Y2K. The details of the promotion included a bonus if the packages were mailed during the month of May 1999; Phillips, unable to remove all the UPCs himself in such a short time, recruited members of the Salvation Army to help peel the UPCs off the puddings in exchange for the donation of the pudding.

Read more about this topic:  David Phillips (entrepreneur)

Famous quotes containing the word process:

    come peace or war, the progress of America and Europe
    Becomes a long process of deterioration—
    Robinson Jeffers (1887–1962)

    Science is a dynamic undertaking directed to lowering the degree of the empiricism involved in solving problems; or, if you prefer, science is a process of fabricating a web of interconnected concepts and conceptual schemes arising from experiments and observations and fruitful of further experiments and observations.
    James Conant (1893–1978)

    In contrast to revenge, which is the natural, automatic reaction to transgression and which, because of the irreversibility of the action process can be expected and even calculated, the act of forgiving can never be predicted; it is the only reaction that acts in an unexpected way and thus retains, though being a reaction, something of the original character of action.
    Hannah Arendt (1906–1975)