1 00:00:00,160 --> 00:00:03,760 Speaker 1: Skiss FMN, Taylor Swift eleven or oh that reminds me, 2 00:00:03,880 --> 00:00:06,480 Speaker 1: I do have tickets to go see Taylor Swift coming 3 00:00:06,519 --> 00:00:08,879 Speaker 1: up in just a few minutes here. These are sold out. 4 00:00:09,000 --> 00:00:11,440 Speaker 1: Those are just around the corner. So basically it'll be 5 00:00:11,480 --> 00:00:15,040 Speaker 1: Taylor Swift tickets Ryan's Roses. But first, Cysney was saying 6 00:00:15,080 --> 00:00:19,560 Speaker 1: that some restaurants are coming out with subscription services, So 7 00:00:19,640 --> 00:00:22,320 Speaker 1: explain how that would work. Okay, So we have subscription 8 00:00:22,360 --> 00:00:24,400 Speaker 1: services for a lot of things, right when it comes 9 00:00:24,400 --> 00:00:27,960 Speaker 1: to our streaming services, pet food, even toilet paper. Right, 10 00:00:28,040 --> 00:00:31,320 Speaker 1: so now restaurants are saying, hey, we want in on this. 11 00:00:31,880 --> 00:00:35,240 Speaker 1: Panera Bread has a subscription model for twelve dollars a month. 12 00:00:35,280 --> 00:00:38,320 Speaker 1: You can get unlimited hot and cold drinks. If you're 13 00:00:38,360 --> 00:00:41,320 Speaker 1: an annual subscription member, then I guess you get free 14 00:00:41,360 --> 00:00:44,280 Speaker 1: delivery on food things like that. P F Jains is 15 00:00:44,360 --> 00:00:47,400 Speaker 1: also doing this. They're doing seven dollars a month. Members 16 00:00:47,400 --> 00:00:51,680 Speaker 1: get free delivery among other perks. So would you want 17 00:00:51,720 --> 00:00:54,360 Speaker 1: to It's kind of like being a member for some 18 00:00:54,400 --> 00:00:57,240 Speaker 1: of your favorite restaurants, and so when you think about 19 00:00:57,320 --> 00:00:59,960 Speaker 1: like the places that you frequent, would you want to 20 00:01:00,120 --> 00:01:04,480 Speaker 1: subscribe pay a membership sort of speak and then get 21 00:01:04,480 --> 00:01:07,600 Speaker 1: some perks. I think the perks are right because I 22 00:01:07,600 --> 00:01:11,360 Speaker 1: think the business model of subscription is they're thinking, you 23 00:01:11,400 --> 00:01:14,039 Speaker 1: subscribe and you don't access all those free drinks, so 24 00:01:14,080 --> 00:01:17,520 Speaker 1: they win maybe or you go so much that you 25 00:01:17,680 --> 00:01:20,600 Speaker 1: that you win if you use it that much. I 26 00:01:20,640 --> 00:01:23,000 Speaker 1: mean some of the places that Michael and I frequent, 27 00:01:23,120 --> 00:01:25,840 Speaker 1: like some of my favorite sushi restaurants, for example, if 28 00:01:25,840 --> 00:01:27,720 Speaker 1: they had some sort of subscription plan, like I might 29 00:01:27,720 --> 00:01:29,840 Speaker 1: not subscribe. I don't know, but if it was like 30 00:01:29,880 --> 00:01:32,160 Speaker 1: a free sushi role every time we went or something 31 00:01:32,160 --> 00:01:34,640 Speaker 1: like that, then maybe I would benefit. But then I 32 00:01:34,680 --> 00:01:37,320 Speaker 1: don't know. What if they give you the sushi from yesterday, right, Okay, 33 00:01:37,480 --> 00:01:39,160 Speaker 1: let's just you know. I'm just saying I tell you 34 00:01:39,200 --> 00:01:41,000 Speaker 1: that's what would run through line. I don't want or 35 00:01:41,040 --> 00:01:44,720 Speaker 1: any more subscriptions. I get it that we don't. But 36 00:01:44,760 --> 00:01:48,240 Speaker 1: what's interesting. I think this has something to do with delivery, 37 00:01:48,880 --> 00:01:51,960 Speaker 1: like food delivery services. That is interesting. So I think 38 00:01:52,000 --> 00:01:56,240 Speaker 1: they're trying to break away from that. Yeah, because they're 39 00:01:56,280 --> 00:01:58,120 Speaker 1: not getting a piece of that pie or are not 40 00:01:58,240 --> 00:02:00,680 Speaker 1: a lot of it, and so I think they're trying 41 00:02:00,720 --> 00:02:04,080 Speaker 1: to create their own back. I think that's what they're 42 00:02:04,080 --> 00:02:06,800 Speaker 1: trying to do, is get their own subscriptions or to 43 00:02:06,840 --> 00:02:08,760 Speaker 1: get their own Go back to the olden days, like 44 00:02:08,760 --> 00:02:11,640 Speaker 1: when you used to order pizza from these restaurants and 45 00:02:11,639 --> 00:02:15,160 Speaker 1: they would deliver it to you directly, directly themselves, and 46 00:02:15,200 --> 00:02:20,120 Speaker 1: you wouldn't go through an appen days, Go back to 47 00:02:20,200 --> 00:02:27,000 Speaker 1: the olden days, back in the nineties and the ears. Um. 48 00:02:27,120 --> 00:02:29,440 Speaker 1: But it's true because now we're all on our apps 49 00:02:29,480 --> 00:02:31,720 Speaker 1: and everything gets delivered through the app. And I know 50 00:02:31,760 --> 00:02:33,919 Speaker 1: that these restaurants don't get I think, as much as 51 00:02:34,320 --> 00:02:37,280 Speaker 1: what they would have received if they were, you know, 52 00:02:37,840 --> 00:02:40,760 Speaker 1: getting the money directly from that. So just log in 53 00:02:40,960 --> 00:02:45,000 Speaker 1: subscribe order and it comes through them exactly. Maybe it'll 54 00:02:45,040 --> 00:02:48,040 Speaker 1: be maybe it'll be warmer. And I think a lot 55 00:02:48,040 --> 00:02:50,400 Speaker 1: of these places, I know that PF Chains and Panera 56 00:02:50,440 --> 00:02:53,520 Speaker 1: Better obviously are huge corporate franchises and stuff, but a 57 00:02:53,520 --> 00:02:56,120 Speaker 1: lot of them that do the subscriptions are mom and 58 00:02:56,160 --> 00:02:58,640 Speaker 1: pop shops and smaller restaurants that are trying to do 59 00:02:58,680 --> 00:03:01,079 Speaker 1: these subscriptions as well. So let's follow up and see 60 00:03:01,240 --> 00:03:05,080 Speaker 1: restaurant subscriptions now. Listen Ryan's Roses Taylor Swift tickets. Next