Hmm-Stu is going to double his prices and yet he is so desperate that he had to lower prices for the 4th of July weekend:
ENTIRE WEEKEND
4TH OF JULY WEEKEND SPECIALS:
Single Day Packages
$4.00
Pay After You Win Plays
$7.00
Consensus Club
$17.76
I wonder whether he means doubling the prices means doubling the prices BEFORE he lowered them for this weekend or more likely from current rates.
I did some quick math-Stu said he had a 100 people sign up for service a few days ago.
Lets be generous and say that is the truth(more likely it was 1/2 of that at most) an say that they all paid $15 a day.
That is $1500.
If you multiply that by 7 days, that is $10500 in revenues for the week.
Yet, Stu tells us his payroll is $50000 a week.
Where does the other 40K come from?
Perhaps Stu in the goodness of his heart has decided to run his service in the Red(just like his picks) or maybe, just maybe Stu is paying his staff a "little" less than the 50k he brags about.
ps I think come July 15, Stu will not only NOT raise prices but actually lower them and try to present it as the steal fo a lifetime.
Stu is a marketer, and I think that as arrogant and delusional as he is, he realizes that when revenues for the industry as a whole are down 60%9obtained from a very reliable source), he is not "quite" god enough to raise prices and expect people to buy the picks of any of cappers(especially him) with his service.
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