In all industries, there are alternatives for exampling cleaning your home. There is the easy solution of the large manufacturers products which are good and can be found in homes such as mine. There are also alternatives which you can make with a few ingredients around the home. Depending on how much you do, if you do a lot, viewing alternatives can save you money. One such book is Talking Dirty with Queen of Clean by Linda Cobb, Pocket Books, NY, 1998. The premise of the book came from a local radio station in Phoenix open line show. Linda is a guest and offers advice on how to clean items, at a relatively low cost. The products which are needed are club soda, lemon juice, white vinegar, baking soda and if you have carpets – spot shot instant carpet stain remover. In her book and on the radio station Linda tells how to mix the items and the results which should occur. The list of cleaning items hints is as long as the list in your home with many good ideas to use.
Linking to dividend paying stocks, it was likely Linda is an expert in her field and she had the ability to be a teacher. With the radio show, people connected to her and that fed into other projects which lead to the book. Looking back they made sense to do but it was not likely planned until the connection with the audience grew and they trusted her. Many of the methods in the book are something people did before P & G made it easy to use the Mr.Clean products and if everyone moved to the alternatives Mr. Clean would suffer. It is highly likely they will not, but in every industry there are alternatives. As an investor you need to consider how likely are people willing to use them?
There are more questions than answers, till the next time – to raising questions