Oct. 4, 2022

A Revolutionary Grocery Store Concept with Christophe Dessaigne

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Season 1

New technologies and changing consumer preferences disrupt the traditional model of buying groceries. As a result, online grocery shopping is becoming a trend in most countries around the world. While online grocery stores have brought a new level of convenience to the shopping experience, they have also presented some challenges. 

In this episode, Tommy talks with Christophe Dessaigne, Co-Founder at JackBe. Being one of the four co-founders who has come up with the revolutionary grocery store concept, Christophe's job is to work on the business rather than in the business. 

Christophe talks with Tommy about how the concept behind JackBe came to be. He also speaks about their strategy to prevent grocery substitutions, how the team raises funds for their business, and how people can invest at JackBe.


Key Takeaways

  • [03:03] - What Christophe's life was like growing up.
  • [06:24] - Why Christophe left his business partnership.
  • [09:11] - What gap years are and how they work.
  • [12:26] - How Christophe got his start in private equity.
  • [15:25] - What motivated Christophe to start a business.
  • [18:03] - How the revolutionary store concept came to be.
  • [23:05] - How Jackbe ensures that customers receive the right items they order.
  • [27:26] - The strategy JackBe uses to prevent substitutions.
  • [29:42] - Locations where JackBe will be launched in the future.
  • [33:23] - JackBe's fund-raising strategy.
  • [40:39] - How people can invest at JackBe.


Quotes

[04:30] - "I love the idea of building business, building teams, and achieving something together with other people that are like-minded, relationally compatible, and strategically aligned." ~ Christophe Dessaigne

[23:55] - "About 70% of Americans don't know what to eat for dinner by 2 PM, and the average American family with two children or less spends 70 minutes grocery shopping weekly." ~ Christophe Dessaigne

[32:35] - "Time is something that people value the most. No substitution, quality of products, and picking for them as they would pick for themselves are what we want to provide for our customers." ~ Christophe Dessaigne


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