Altitude Share Discussion Threads

[craigcoad123] 24/1/2018 12:47

Each to their own....I get it is in delivery. Re AiM you are working with the distributors but I get it is about delivery. Henry Jospeh Grants LinkedIn profile paints a picture of many moves and a little hyperbole! A remote module in Harvard is not the same as going to Harvard! & if you were first in at Just Eat I doubt you would have left or been allowed to leave or ever have needed to work again....anyways my view! Sanjay just never went to the US - ask him!? Let's see - Nicole at least comes from a US promo background. Enough. I get both sides - let's see how it plays out....

[thebigshortfella] 24/1/2018 12:38

Re: Nicole. We could say the same about Henry & Sanjay. On paper she sounds great but we have no idea why she joined ALT, how long she will be there or whether she will deliver.

There’s lots of assumptions being made including that distributors want this approach. Most startups fail & I don’t see this as being anything different. I am going to be interested in seeing some meaningful traction data. Maybe I will buy then...😀

[craigcoad123] 24/1/2018 12:29

Let's see indeed - I think it is about Nicole Stella who ran a big USA promo business at napco so she must see something! What is true (and that is not to say they do it) that market place businesses are very very valuable as cash flows are recurring. Those kpi's are the only two that matter. Just eat started somewhere - great software and had to sign restaurants to attract customers when it had no customers! AiM is signed up and is if you go to their website it is clear that it is an effective co-op where you pay as a distributor to join to share benefits - one of which is now Altitudes software.....so in theory unlike just eat your customers (AiM distributors) are on your doorstep. Anyways each to their own

[craigcoad123] 24/1/2018 11:40

The strategy is clear - it is AiMpro. Read the last RNS! Sign up suppliers like just eat signed up kitchens and then onboard AiM members. Create a market place of high gross margin sticky recurring revenues. 2 kpi's to watch are suppliers and onboarding. Aggregator will help drive traffic to suppliers so encourages them to sign etc. I understand finnCap wrote a good report too

[thebigshortfella] 24/1/2018 11:08

ali47fish - I honestly can't recall where I stood on ALT previously. I subscribe to SCSW and they generally pick good stocks.

However, I am very dubious of ALT for a number of reasons. The main one is that I think they just “chuck mud at the wall” and hope that it sticks. I don’t believe that they have a clear strategy and this impedes them operationally. I do not believe that it is a coincidence that Sanjay and Henry (plus a couple of other senior ALT staff) have left over the last 12 months. My guess is that it’s the lack of strategy and constantly jumping from one idea to another and never executing any of the properly.

We can talk about potential all day long but if ALT don’t have a clear strategy and the operational capability to deliver on a strategy then….So I am very bearish. But...just for the record, I do not have a short on ALT. Not because I don’t believe in my assessment…I will leave it to your imagination as to why I am not risking a short...

Good luck fella.

[ali47fish] 24/1/2018 10:04

big i thought you likes this company and have defeded it against critics - have you changed your position

[thebigshortfella] 24/1/2018 08:30

Hhdd1 - it did...the “team” came & went very quickly 😉

[hhdd1] 24/1/2018 08:19

steven you spent months damning this business,
now you think a new way,
the business did not change nore the team.

[stephen1946] 23/1/2018 23:07

robbnw, agreed far too early, wait until the pot comes to the boil and the Golden Egg is cooked, and ready to serve.

[robbnw] 23/1/2018 22:42

BPC10Even if that was true what a buying opportunity Sellers are foolish imhoPatience is what is needed We got an amazing product Let the management sell it !

[bpc10] 23/1/2018 13:15

50p coming soon without any news imo

[northwards] 23/1/2018 13:02

Some chunky sells yet the share price stays firm - buyer in background or MM accumulating ?

[craigcoad123] 23/1/2018 05:49

Why is the end of the month relevant?

[thebigshortfella] 21/1/2018 12:22

These are not my words! Please try & keep up monkey brain! 🙈

That’s it, keeping focusing on your Mulberry purses, if you think it helps justify your inane logic...Bit easier to do that than explain the USP or critique the domain name....or...god forbid...actually go and check the visitor stats...

Altitude is the Amazon of promotional gifts. LMFAO

Jeff Bezos is eating his Rice Krispies right now & figuring out how he can purchase this gem of a business 😉🍾

But most importantly, let’s not forget 💥💥

[mauricemonkey] 21/1/2018 11:25

Lol, wants to use the words "anyone" and "everything" literally for his deramp, but wants "everything" used metaphorically when its thrown back at him. I don't see how a Mulberry purse is extreme.
Good luck with your short.

[mauricemonkey] 21/1/2018 01:27

Lol, wants to criticise the marketing but doesn't even know what USP means. What you describe are the brand and brand values. If you don't get the difference between "brand" and "USP" you're not worth listening to.
You don't have the web traffic statistics, if you did, you would've posted them .The sales figures I quoted are on the website. Which you'd know if you'd bothered to look at it.
This is about 3% of my portfolio, if it works out "yay" if it's junk I'll ditch it, take the hit and move on. You however are clearly disgruntled about something NapoleonComplexMan, I wish you well with your short.
Oh, and if Amazon sell "everything", how come I can't buy a Bugatti on there? Or even a Mulberry?

[thebigshortfella] 20/1/2018 14:54

Stephen1846 - jeezus...great comeback...

[stephen1946] 20/1/2018 14:41

I suppose Henry Ford Had the same problem whilst building the `Model T, Ford`
Many sceptics asked the same questions for month`s on end, "How many have you sold Henry" Of course, they knew the answer to start with, "none" said Henry, and everyone was happy.

Happy that is until Henry proved the sceptics wrong, very wrong. That as they say, is History.

[thebigshortfella] 20/1/2018 10:25

mauricemonkey – LOL you must be ALT’s Marketing manager. "Customer service blah blah blah. That ain't unique.” You guys on this board just hate having to use your grey matter. Do you honestly think that good businesses don’t think in these terms? You can’t give me positive answers to the questions because clearly ALT don’t have one. How hard is this to understand?

Re: “Why does anybody need to find this tool”. I refer you to post 4622 by ALT employee Stephen1946: "AndEverything.com is an exceptional tool and can be used quite literally by anybody”. This is not how smart businesses think about marketing. No product is for "anybody”. I would need to research it but 90% of people probably do not purchase promotional gifts ever. So how can it be for anybody?

It’s interesting, you just gave me a bunch of great points that could be used as a USP if ALT actually had a business and marketing strategy that dovetailed together. But, I would bet money that it doesn’t and anyone who knows ALT will understand why it doesn’t...

As ALT’s marketing manager I would expect so much more from you Maurice:

"When Amazon first launched in 1995 as a website that only sold books, founder Jeff Bezos had a vision for the company's explosive growth and e-commerce domination. He knew from the very beginning, he wanted Amazon to be "an everything store.”

They now sell everything. If you told me that ALT are planning to sell “anything” I would shut up, but both you and I know that it’s not the plan. What does a visitor think when they land on the site and find that it doesn’t sell “and anything”?

Re: "And if "no-one" can find it, how came quarter of a million customers have already found it in around 6 weeks?” Note the language you use. You need to improve your marketing skills. They are not “customers”, they are “visitors”. They are only customers if they purchase anything and when they can’t find “anything” they will bounce very quickly...

Please post the screenshots showing the 6 week traffic data as I just reviewed the data and it was no where close to this...Roll on the end of January...

[mauricemonkey] 20/1/2018 08:45

USP = UNIQUE selling point.
Tesco has nothing unique over Sainsbury's, Waitrose, M&S food or Asda. They're all just shops. Customer service blah blah blah. That ain't unique.
Oh and the USP is - in the world, there's lots of companies trying to sell promo product. There's also loads of customers wanting to buy promo products. You could go to one of those companies, say Vistaprint, and get your stuff made. But what if they don't have what you want, or they're too expensive, or any other reason you don't want to use them. Where can you go where there's hundreds of promo products and companies, where you can just upload your artwork once and no matter which company you order from you only have to upload once, where you can compare thousands of different product lines and get new ideas.
If someone else already does all that, it's not a USP, but I would still hold anyway as I like the growth potential here, but I'm pretty sure they're the only ones doing all that (for now, it is replicable).
Why does "Anybody" need to find this tool? The only people who need to find it are those who want to buy promotional products.
And if "no-one" can find it, how came quarter of a million customers have already found it in around 6 weeks?
Why is Boohoo called Boohoo when they don't send you tears? Why is Amazon called Amazon when it's not based near s South American river? It's just a name. Quite a memorable one too, short and snappy.

[thebigshortfella] 20/1/2018 00:07

"Not sure many shops can claim a USP" Really?

To take your example, Tesco's USP: Customers love Tesco because they do their best to deliver exceptional experiences – no matter what. From their customer service efforts, to their vast range of varied products, Tesco stand out for their devotion to their consumers above all else. Although the company has evolved with the years, its USP holds strong, hence the slogan: “every little helps”.

It is NOT just a shop...

I will happily tell you exactly how many visits Alts various websites get when you answer my questions. Why is this so difficult for all you ALT holders? Don't you think about this stuff?

So here we go around in circles again and somehow this is my fault! From the top:

Please explain to me how ALT expect "anybody" to find this "exceptional tool"? Also, what's it's USP?

Why is the site is called AndEverything.com when it doesn't sell everything?

Simple questions. Shall we ask Henry and Sanjay?

[mauricemonkey] 19/1/2018 23:28

Lenovo, Lloyd's of London, Amazon, Allianz, EA, Virgin Active and HP managed to find it. Presumably small business units of those companies, I guess we'll find out how much it's all worth soon.
Website claims over quarter of a million customers purchased over one and a quarter million items, so clearly there's a revenue stream.
What's Tesco's USP? It's a shop. It sells stuff, not sure many shops can claim a USP.
As you're so good at Google Analytics, you can tell us exactly how many visits Alts various websites get - right?