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They do not need to worry about building a reputation for their business because almost everyone has at least heard of ebay and if customers want to see how they do business they can look on ebay at their sales record and their customer reviews. They are off to a great start with the Lucky 7s store and I think there will be more stores to come in the future.
Getting the PRs out there is a way for them to try to get some more investors interested in their company and what they are doing right now. Expanding into retail at a store with a physical location and all of the obvious overhead like rent and utilities and payroll, etc. is not cheap and the money needs to come from somewhere. They are trying to get potential investors interested in what they are doing and I think it is a great idea...I never said it would be cheap. JMHO
Once this thing starts to take off, watch out! They are beginning a new chapter in their business with the new brick and mortar retail store Lucky 7s and I hope that the word starts to spread like wildfire to help them along in this time of needed investors to believe in them.
That is a smart decision to hand in there. With their new expansion into a brick and mortar retail store, their revenue is going to grow and so will word of mouth about this company. Once that happens, it is going to skyrocket fast!
I couldn't agree more. There is money to be made here for those who are patient. With the new retail store, things are bound to look a little down because the cost of setting up and opening it are not being recouped yet, but they will soon enough.
Once the retail store gets moving and begins to make a return on the expense it took to get the store up and running, this is going to explode IMO. Things are looking a little bleak because they just made a huge move and it has thei numbers down. Give it a chance to recover and start earning revenue and things are going to change big time.
This one is going to be a winner, just be patient. The type of business that they do is very profitable if it is done right and they have been doing well on ebay, so they have some experience on turning a profit from the losses of other companies useless inventory.
I like what I see of this company and I look forward to seeing what the future holds for them as far as the retail store goes. I happen to know of many of these kinds of stores in high end neighborhoods and malls and they do very well and have been for years now. Many people want the expensive name brands but either cannot afford them or do not want to pay the high prices, either way they are shopping at stores like these.
There are many different types of items for sale through this company. Clothing is just one type. They have an ebay store that reflects the variety of different merchandise that they have for sale. Regardless of what is said on this board, I have personally had experience with doing this type of selling and I have made a lot of money. The trick to it is to buy wholesale things that you can sell relatively easily.
This company is not your run of the mill thrift store, when you think of them think of stores like TJ Maxx and Marshall's. They sell items that are either new or like new, the items are overstock, discontinued, or were returned for a number of reasons---none of which are because it was ran into the ground and broken.
The PR today shows that this company is getting into the market of retail, and that will bring in more customers than the ebay store, but the ebay store will also help them in that they have an established reputation with their customers.
BZCN is just getting into retail stores, so they obviously need some time to make up the cost of the brick and mortar store before they can see any real optimism. I think it's great that they are opening stores to let customers come in and take a look at their merchandise and buy it. That will open up the market for them because there are many people who will not buy online or on ebay.
Most busnesses do lose money, and many continue to lose after that, but this type of selling of liquidation merchandise is very unique in that you can buy it so cheap that as long as you can sell it, you can make money on it and still give the consumer a great deal.
They just need a little word of mouth advertising to the people who are looking to invest in something that will be around for a while. The liquidation selling that they are doing is a very successful route to take in these times and I think that they are onto something. I have been doing some DD on them since last week and I like what I see. I have made a few bucks doing what they are doing on a much smaller scale and I know how profitable it can be.
They seem to be on the right track as far as I can tell. The PR that was released today is a testament to how more and more people are looking for a bargain, which is reflected in their news today. I think they are on their way to something big and I think the red we are seeing right now will be long gone soon.
This company makes their money helping other companies recover revenue on assets that would have otherwise had to be written off. This not only helps the consumers get a deal but it also provides them with a wide range of different types of products to buy at one stop. The additional revenue being pulled in by the Lucky 7s store will be a bonus to what they are already making on ebay. I see big things in their future, especially right now when people are looking for a deal more often than not.
The PR that was released today is a good start in the right direction. Their retail sales are already proving to be pretty promising. Just need to get the word out to those who are looking to buy shares in large numbers, IMO.
With the great news that was released today, their revenue will be up in a short while. We should start to see green very soon. In this economy, people who would normally buy retail will be looking at the liquidation prices that this company has to offer.
In terms of the long run, this company is going to be very successful. With the wide range of products that they sell, there is something for everyone there. There is also products that are for a wide range of prices.
Yes, there are many reasons that this merchandise is not able to sell. There are many people that make their living by buying wholedale merchandise and selling it at retail prices.
Having someone else sell the items for you takes a lot of the hassle out of getting rid of unwanted items. They definitely earn the money that they charge to sell the items. I can see big things happening for BZCN in the near future.
Being able to store the merchandise also guarantees that there will be no shipping delays for the customers. Any shipping issues cannot be blamed on anyone but BZCN. Looking at their ebay store, I can see that shipping issues do not occur very often.
In order for them to keep to their business plan, they will need to increase their revenue this year and that is never as easy as it sounds. With the vast array of merchandise they have to offer their customers they should be able to get their revenue numbers up in no time.
I dabble a little in buying wholesale to sell at retail for a profit and although I feel like I get the best deal, they make money off of products that would otherwise be thrown away. What they do is a service to the companies that need to unload this type of merchandise.
If you look them up on ebay you can see their sales. Everything I have checked out about them so far looks great and I will be doing more DD this week. Things are only going to get better for them, they have a bright future, IMO.
I will be watching this one very closely for the rest of the week to see what the future holds. I know they will be doing a lot in the near future and anyone that wants to get in should get in now before they get into retail big time, IMO.
I have been doing some DD on this company for a few days now and I like what I see so far. Their soon to be jump into retail venues will only do positive things for this one, IMO.
I think that once this one takes off for good, it is going to soar to the top! This is a great company that seems to be here for the long haul. Just another example of how ebay can turn small companies into something special. Their feedback and sales on ebay is phenomenal.
I saw last week that BZCN is looking to start selling their merchandise through retail outlets. That will get the word out about them to the investors and it will also create more revenue for them.
Once the word gets about this company, things will start to look greener. If people looking to invest in them look at their profile on ebay they will see that this company has great feedback and they have a good reputation with their customers, who will come back for more. Great customer service and prices are a nice combination for a successful business!
This company is a great way for retail companies to get rid of their discontinued merchadise instead of writing it up as a total loss and just getting rid of it. At least they get a litle bit of income from otherwise worthless items that they would not get anything for.
If people are selling, I do not think that it is a very good idea. If you look at their ebay store, anyone can see that they sell a wide range of products at great prices and their customer satisfaction rate is exptremely high for the amount of sales that they get. It is not hard to see that this company is going to have a bright future if they continue to provide such great products at such great prices.
They are off to a good start this morning, and with the news this morning anyone who was on the fence should now be able to jump over to the buying side with more ease. If you look them up on ebay, you will see how well they are doing on the site. Great customer service with the low prices and great products is a formula for success.
Without the retail numbers they are looking great, so adding in the retail revenue will only make the company look sweeter! Using the reputation of ebay to get a name for themselves before making the leap into retail was a great business strategy.
This company has made a successful business out of selling merchandise that would otherwise be a total loss for some companies. What a great business idea! The customers enjoy brand name products at lower prices, especially in this tough economy.
BZCN announced today that their sell through rate is approximately 75%. That is phenomenal! Their success is good and they continue to provide their customers with great products at wonderful prices.
This is great news! I am a regular buyer and seller on ebay and I know how successful this company is at selling on the auction site. They have great prices and a lot of inventory to choose from. I live in Ohio, so the shipping charges sometimes outweigh the savings that I would have, but I will do much more business with them if and when they move closer to my side of the country.
The products that PDMI has developed are innovative and state of the art, so the sales team will not need to try very hard to convince doctors that they need them in their offices. All of the advantages that they offer to patients suffering from eye diseases will be enough to get some sales rolling in.
The fact that PDMI has taken the initiative to get a new president on board that has so much experience with things that would directly benefit them, such as international business, I think that they will be around for awhile and so will their products. Getting reimbursed for the procedures will eventually bring in profits for the doctors who purchase them to help their patients.
The new president of PDMI is going to take this company to places that they could only dream of when he came on board. I think that this company is going to be looking toward going international very soon. There are patients in many other countries who would benefit greatly from the services that this equipment can provide for it's patients.