4.6 • 1.8K Ratings
🗓️ 30 August 2020
⏱️ 14 minutes
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0:00.0 | Welcome to the Jill on Money Coronovirus Market Update. It is Sunday August 30th. Oh my gosh, the end of August, who could believe it? |
0:12.0 | Today we are playing the second part of our |
0:14.2 | interview with the CEO of Boxed. His name is Chee Wong and in this part of our |
0:20.8 | interview we're discussing how he views his employees and how he believes |
0:27.2 | everyone who works for him should have some sort of voice in the conversation. |
0:32.3 | Here's more of our interview with Chee Wong. sort of voice in the conversation. |
0:32.5 | Here's more of our interview with Che Wong. |
0:35.1 | So what is Boxed? |
0:37.6 | And I'll tell everyone why I fell in love with Jay in a second. |
0:40.2 | So Boxed is an online warehouse club. |
0:42.2 | So you take all the big things that you could buy at, you know, |
0:45.7 | Costco, B.J. and Sam's Club. |
0:48.3 | Except, you know, all the heavy stuff, we deliver right to your door, |
0:51.2 | two days or less for 90 plus percent of our customers |
0:53.7 | free shipping for 97 percent of our customers and overnight shipping for |
0:58.1 | 43 percent of our customers across the country so it's kind of like bringing that |
1:01.9 | warehouse club experience to your pocket. For you when you first the barriers of entry are entry are low but the barriers of entry are low |
1:08.0 | but the barrier for success is kind of high because you are basically competing |
1:12.3 | against Amazon and everyone else. |
1:14.4 | So talk about that a little bit. |
1:15.8 | Yeah, so I look back and I just think, what were we thinking? |
1:19.7 | You know, in a lot of ways, you know, geez, I mean, we're a little bit naive, probably a lot of ways you know she's I mean we're a little bit naive probably a lot of |
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