the Business Brain podcast features an interview with Michael Prendamano, the owner of The Bin Store. https://shopbinstores.com/ The Bin Store is a retail liquidation business that offers a unique, fixed pricing model where the price of items decreases each day of the week, creating a sense of urgency and a "treasure hunt" experience for customers. Prendamano discusses the origins of his business, which began as a side hustle of selling items online and evolved to a full-scale retail operation, including his challenges and strategies for finding suppliers, managing inventory, and marketing to customers. Prendamano also reveals his company's growth into multiple divisions, offering wholesale products, licensing agreements, and even free consulting for aspiring bin store owners.
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