Comments on: Meet the Man Who’s Making Good Eggs Profitable https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/ News, trends & community for food and food tech startups. Mon, 07 Jan 2019 02:48:11 +0000 hourly 1 https://wordpress.org/?v=6.8.1 By: Agtech Funding Catch Up: Summer's Top 10 Deals - AgFunderNews https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-5526 Tue, 24 Jul 2018 22:44:13 +0000 http://foodtechconnect.com/?p=27755#comment-5526 […] The return of this once ailing food delivery startup surprised some in the market, but new CEO Bentley Hall appears to have impressed new investors S2G Ventures and Obvious Ventures. Find out more here and here. […]

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By: Communicate Your Financials Well to Raise Capital — Food Finance Institute https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-5468 Fri, 17 Nov 2017 16:40:18 +0000 http://foodtechconnect.com/?p=27755#comment-5468 […] Meet the Man Who’s Making Good Eggs Profitable (Food+Tech Connect) – “When Hall joined Good Eggs, the company was losing money on every order. Today, it’s making money on every order. How did he do it? He focused on measuring contribution margin per order, which came down to increasing basket size, improving gross margin and reducing variable costs. To improve gross margin, Hall focused on perfecting the company’s order rate to minimize spoilage. The company also got smarter about its SKUs from a margin assortment perspective, getting more efficient about how they buy and price products.” […]

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By: How to Raise Money for your Sustainability-Oriented Venture - The Propello https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-5452 Thu, 05 Oct 2017 15:50:49 +0000 http://foodtechconnect.com/?p=27755#comment-5452 […] in the operations and finance of food businesses such as Cliff Bar and Plum Organics. Investors, excited by Bentley’s expertise and discipline, were sold: Good Eggs raised $15 million in […]

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By: Communicate Your Financials Well to Raise Capital; Edible-Alpha™ Insights 5-11-2017 | Edible-Alpha™ https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-5357 Wed, 10 May 2017 20:06:48 +0000 http://foodtechconnect.com/?p=27755#comment-5357 […] Meet the Man Who’s Making Good Eggs Profitable (Food+Tech Connect) – “When Hall joined Good Eggs, the company was losing money on every order. Today, it’s making money on every order. How did he do it? He focused on measuring contribution margin per order, which came down to increasing basket size, improving gross margin and reducing variable costs. To improve gross margin, Hall focused on perfecting the company’s order rate to minimize spoilage. The company also got smarter about its SKUs from a margin assortment perspective, getting more efficient about how they buy and price products.” […]

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By: justin.kitchens@mail.ru https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-5020 Fri, 17 Mar 2017 07:36:00 +0000 http://foodtechconnect.com/?p=27755#comment-5020 In reply to Chris S.

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By: Food Sustainability News | https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-4683 Sat, 03 Sep 2016 02:58:05 +0000 http://foodtechconnect.com/?p=27755#comment-4683 […] Meet the Man Who’s Making Good Eggs Profitable (Food Tech Connect) […]

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By: GreenchainConsulting https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-4682 Fri, 02 Sep 2016 22:22:00 +0000 http://foodtechconnect.com/?p=27755#comment-4682 While I was at SPUD, we did all of those things Bentley listed and too had success in growing average order size and margin. However our biggest issue was market penetration and just couldn’t get passed a certain threshold. This was over 7 years ago, so things maybe changing now and I wish Good Eggs success.

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By: Ameet https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-4680 Fri, 02 Sep 2016 14:13:00 +0000 http://foodtechconnect.com/?p=27755#comment-4680 Great article! Hopefully this success will translate to them returning to Brooklyn.

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By: Chris S https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-4677 Tue, 30 Aug 2016 19:56:00 +0000 http://foodtechconnect.com/?p=27755#comment-4677 Danielle – thank you for a great article highlighting some of the major issues plaguing the food and tech industry and showcasing how at least one company is addressing them successfully. Having the perspective of being a “food company enabled by tech” allows a business/company/concept to be the most influential, a positive contributor, and most effective within the industry. At times this seems to be business basics, do you think people are so anxious to become a player within the food and tech sector they are willing to outright ignore these principles in order to get fast funding?

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By: Janelle Maiocco https://foodtechconnect.com/2016/08/29/bentley-hall-good-eggs-profitable/#comment-4676 Mon, 29 Aug 2016 20:18:00 +0000 http://foodtechconnect.com/?p=27755#comment-4676 Kudos to GoodEggs and Bentley for their recent raise, great vision and business acumen.

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