Key Points - CEO 15th Video - 2022 Progress So Far
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(Total Views: 248)
Posted On: 05/21/2022 2:50:38 PM
Key Points - CEO 15th Video - 2022 Progress So Far / Metaverse - PR'ed May 20, 2022.
Strong Results So Far in 2022 [to May 18]
- 2022 Q1 Report uploaded - really good quarter showing profit.
- Total Sales - Jan 1 > May 18: up 21.9% - $4M+
- Total Items Sold: 4,843 - up 14.6%
- Average Sales Price Per Item: up 6.4%
- Additional employee added to get more listings uploaded each week.
- Selling more items and at a higher price this year - locking the core business in a strong growth trend.
- "Core business is rocking".
- No supply chain issues.
Metaverse Store
- Opening delayed by a few business days from May 18 for "final tweaks".
- Other companies have already seen enormous revenue growth by adopting a metaverse strategy.
- Just one free video game had wearable accessories sales revenue of $5.4 Biillion in 2018, $3.7 Billion in 2019 and $5.1 Billion in 2020. SFL Maven will be capturing a portion of that market.
- Company is set to become the first mover in the vintage jewelry space in the Metaverse in Decentraland initially.
- There are special applications that align well with the jewelry industry.
- This includes actual weddings now taking place in the Metaverse and SFL Maven will be the first store offering jewelry.
- The Metaverase store will be interactive with the real jewelry eBay store - the first items that will be working on is bridal jewelry and birthstones.
- Lines as they become available will be announced in future update videos.
- "There is a lot of excitement around the Metaverse - it's like it was 1992 all over again and the internet is about to take over and no one knew it yet and we're in 2022 - 30 years later - and the Metaverse is about to take over and be a part of everyone's lives in some way, shape or form and we are going to have a massive footprint in the jewelry industry in the Metaverse."
- "We're onto something big and we're really excited."
https://vimeo.com/711712239
Strong Results So Far in 2022 [to May 18]
- 2022 Q1 Report uploaded - really good quarter showing profit.
- Total Sales - Jan 1 > May 18: up 21.9% - $4M+
- Total Items Sold: 4,843 - up 14.6%
- Average Sales Price Per Item: up 6.4%
- Additional employee added to get more listings uploaded each week.
- Selling more items and at a higher price this year - locking the core business in a strong growth trend.
- "Core business is rocking".
- No supply chain issues.
Metaverse Store
- Opening delayed by a few business days from May 18 for "final tweaks".
- Other companies have already seen enormous revenue growth by adopting a metaverse strategy.
- Just one free video game had wearable accessories sales revenue of $5.4 Biillion in 2018, $3.7 Billion in 2019 and $5.1 Billion in 2020. SFL Maven will be capturing a portion of that market.
- Company is set to become the first mover in the vintage jewelry space in the Metaverse in Decentraland initially.
- There are special applications that align well with the jewelry industry.
- This includes actual weddings now taking place in the Metaverse and SFL Maven will be the first store offering jewelry.
- The Metaverase store will be interactive with the real jewelry eBay store - the first items that will be working on is bridal jewelry and birthstones.
- Lines as they become available will be announced in future update videos.
- "There is a lot of excitement around the Metaverse - it's like it was 1992 all over again and the internet is about to take over and no one knew it yet and we're in 2022 - 30 years later - and the Metaverse is about to take over and be a part of everyone's lives in some way, shape or form and we are going to have a massive footprint in the jewelry industry in the Metaverse."
- "We're onto something big and we're really excited."
https://vimeo.com/711712239
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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.
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