The Secret Behind Trader Joe’s

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I’ve always been a little curious about how and why Trader Joe’s has acquired such a cultlike status, and over at Vox this morning Rebecca Jennings tells all:

Trader Joe’s does not participate in traditional advertising, never has sales, and is known for frustrating product shortages…. The majority of its products are private label, a.k.a. “generic”…. While most grocery stores carry about 50,000 units of product in store at once, Trader Joe’s typically only has around 4,000…. “People don’t think of [Trader Joe’s products] as generic,” Mark Gardiner, author of the book Build a Brand Like Trader Joe’s told Eater. “[They think] ‘it’s Trader Joe’s — that’s the brand,’ and it’s a special brand that you can only get here. The truth is that almost all of this is stuff that you can probably get at another store within a few miles of that Trader Joe’s in a different package with a different name.”

Basically, they sell a limited selection of generic stuff but they put fun labels on it. Huh.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

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