InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,436.44
(
-0.50%
)
US TECH 100
18,416.80
(
-0.75%
)
Dow Jones
40,743.33
(
0.50%
)
Brent Oil
79.38
(
1.04%
)
Bitcoin
65,773.61
(
-0.60%
)
Post# of 49370
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

I-Glow

Send PM Follow Ignore
Followers 741
Posts 76254
Boards Moderated 0
Alias Born 01/01/2012

I-Glow

Member Level

Re: oilfieldmafia post# 36343

Monday, 07/27/2015 3:16:19 PM

Monday, July 27, 2015 3:16:19 PM

Post# of 49370
But apparently SMS doesn't generate much revenue. One SMS distributor that Evaluate found on Facebook has tapped out.

The system is flawed - as it requires dealers to sell not consign the products to the smaller gift shops and convenience stores.

One of the big selling points from SMS is the following:

Business revenue starts from day one, no waiting to build a customer base. Retailers sell your products.

The one SMS dealer stated: "...people don't want to pay up front, they want on consignment which made it impossible to buy more inventory.
Space in stores here are very limited. Had only 3 stores and it didnt work out for me."

It is a tough business model - and I suspect there are many more like Carol.

IG

It's easier to fool people than to convince them that they have been fooled

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up