With profound pleasure, one of the works that will define SMB Nation's analytical contribution to the Universe has just been released! Using math, we have created a predictive model that correlates the true rate of "feet on the street" inflation - and how it impacts the SMB Nation working man and woman!
It's based on a single SKU from national grocery chain Safeway. It's about the price for its popular breakfast buritto. Read the full thesis HERE.
It's all here: price elasticity, inflaiton, consumption and substitution. Lemme us know what you think!