Page 6 - Business Facts

One of Rolex's most successful products is sand!

Rolex is known for creating some of the best watches on Earth - they are classy, reliable, and incredibly consistent with how well they are built.

It must've taken dozens of years of craftsmanship for the Rolex company to have such a standard quality of their watches. It is because of their high standard for quality that Rolex started selling bags of sand.

What? Sand? Why? Well, think of hour glasses. Hour glasses are filled with sand, but in order to accurately keep track of time - hourglasses have to be specifically built.

Not only do the hourglasses have to be perfect - but the grains of sand all have to be of equal size so they move through the hour glass the same way.

Therefore Rolex took their high standards and consistency and decided to get into the sand making business.

At first it started as an art project, but it later developed into a business. In the picture attached to this article, you'll see a bunch of bags that represent 30 days. That picture represents the average human life span.


Target can track a creepy amount of information about you. This teen found out the hard way.

Target keeps close tabs on everything it's customers buy.

They tag their customers with guest IDs and store all the detailed information they get from each customer.

They then analyze the information and track it. They've become so accurate at tracking that they've been able to predict with extreme accuracy when women become pregnant.

Target has created a system that allows them to send coupons for expecting mothers.

They have an algorithm that includes 25 very specific products. When a person buys those products, they can predict a pregnancy with decent confidence.

What's even scarier is that they can even guess when the person's going to be due based on what they buy!

What they've found is that they freak out their customers by congratulating them on their pregnancies before the customer has formally set up any registry or anything with Target, or even told their own family!

A father in Minneapolis went to a local Target demanding to speak with a manager. He was livid that his daughter had received coupons and information on maternity clothing and baby items.

It was inappropriate for Target to be sending his daughter, who was still in high school, information like that promoting pregnancy.

Later, the manager called the father to apologize again and was told that the father had spoken to his daughter. She admitted that she was pregnant and due in August, so the father apologized to the manager.


As much as your company would like to forbid you from talking about this, Federal law says they can't.

As a manager, it's understandable why you wouldn't want your employees discussing their compensation among themselves.

Many employment agreements are individually negotiated, some managers pay their better workers more, regardless of their experience with the company, and large differentials in salary may cause morale problems.

Despite reservations about employees' tendency to share salary details, federal law expressly prohibits employers from restricting workers from discussing their salaries with one another.

Section 7 of the National Labor Relations Act provides employees the right to make efforts to organize and discuss the terms of their employment, including salary and benefits packages.

While the Section 7 rights extended to employees have been reaffirmed by numerous court decisions according to the Texas Workforce Commission, employers may limit their employees from discussing their salaries during times when they should be working.


Some awesome lists!

If you wanted to open the most offensive store you could think of, it would probably be this.

An Indian storeowner is getting some heat from his new clothing store, called Hitler. He even thought it'd be cheeky if the dot in the I had a little swastika symbol.

The store sells men's clothing, and has created quite a stir in the community due to the strange choice of name and marketing.

The owner claims that he had no idea that Hitler was a monster. He said before this whole thing had happened, he thought Hitler was just a 'very strict man,' and that it was a nickname given to the grandfather of his business partner.

He learned the truth, he said, when he googled Hitler's name. If that sounds a little like BS, it's because it probably is. A Jewish shopper said in an interview, " The proprietors knew what the name meant and what Hitler stood for.

They had researched well, right from the dress the dictator wore to his cufflinks." Members of the local synagogue tried to get him to change the branding and name, but he said that he's spent $2700 on marketing, and the only way he'd reconsider is if someone paid him enough to make up that money.


There's a tiny button on a website that costs $100 million!

How could a simple button on their search page lose them money? The answer is actually quite simple.

The "I'm feeling lucky" button allows users to be taken directly to the first search result, which means the user completely skips all other search engine results and pages.

How could this lose them money? According to statistics around 1% of all searches done on Google use this button, completely skipping all possible advertising.

This results in the company losing around $110 million dollars in potential profits!

So why does the company keep an option that looses them a massive amount of profit?

Simply because people like it and it keeps them coming back! Recently, however, Google featured their Nexus 7 tablet on their homepage, making it the first time any advertising has been featured on their homepage.



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