What do you think are in those 7,700 physical retail spaces today? I’ll bet you at least 1,500 cell phone stores but tough to guess the full distribution.https://twitter.com/JonErlichman/status/1216181258126004225 …
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(Backends here means “you get economics incident to the initial sale”, which some but not all cell phone retailers will receive. Term of art in that industry might be “residuals”; low confidence as this isn’t exactly my thing.)
Quick: Is the LTV of a Blockbuster customer more or less than a Sprint customer?
Has to be less by at least 2 orders of magnitude, right?
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