As stated in the DD, the majority of items are sol
Post# of 7110
(Total Views: 180)
Posted On: 02/08/2022 8:36:15 AM
As stated in the DD, the majority of items are sold during the regular Thursday Night auctions which attracts a repeat purchasing audience who get involved in bidding wars - for example, the most desirable items reach $15K > $26K.
Whenever highly prized items appear - like Rolex watches which buyers can have confidence in as a 3rd party authenticator is used - they often go immediately at "Buy It Now" prices for around $25K. The best advance "Buy It Now" total I saw in a single week in 2021 was $51,696 August 1-4 before that week's auction even started.
As the CEO has stated many times, revenue is limited only by the inventory they can get their hands on each week. Hence why under their Collectibles Marketplace Strategy, they are looking to acquire several small collectibles companies who would find it beneficial to leverage the success of $SFLM's proven business model and the eBay preferential status they get in product placement as a "Top Rated Seller". Each company they add will then be grown to the same level as the original business - which currently is running at an average of around $1M per month.
Current items for sale are at these 2 stores:
http://www.ebaystores.com/SFLMAVEN-ANTIQUES-JEWELRY-FINE-ART
https://www.1stdibs.com/more-from-seller/jewe...Pk=j_23032
Whenever highly prized items appear - like Rolex watches which buyers can have confidence in as a 3rd party authenticator is used - they often go immediately at "Buy It Now" prices for around $25K. The best advance "Buy It Now" total I saw in a single week in 2021 was $51,696 August 1-4 before that week's auction even started.
As the CEO has stated many times, revenue is limited only by the inventory they can get their hands on each week. Hence why under their Collectibles Marketplace Strategy, they are looking to acquire several small collectibles companies who would find it beneficial to leverage the success of $SFLM's proven business model and the eBay preferential status they get in product placement as a "Top Rated Seller". Each company they add will then be grown to the same level as the original business - which currently is running at an average of around $1M per month.
Current items for sale are at these 2 stores:
http://www.ebaystores.com/SFLMAVEN-ANTIQUES-JEWELRY-FINE-ART
https://www.1stdibs.com/more-from-seller/jewe...Pk=j_23032
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A very apposite motto for those who trade successfully in the OTC market..
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.