Tuesday, May 21, 2024 2:11:24 PM
Let's say I became a reseller on a large e-commerce platform and I went out and bought cheap Chinese work gloves for $1-$2 each from the manufacturer, keeping the shipping down by buying in volume. I could turn around put those gloves online at $10-$12 each, clearing $8-$9 for each item sold even after I paid my 10%-13% fee to the e-commerce platform. In total when the fine customer buys their gloves, it's the middleman like me, along with the e-commerce platform that gets most of the money.
Those massive lost profits, across many e-commerce platforms, can amount to many billions of dollars annually. That's the kind of money that JFH can potentially get instead, but instead of keeping it all for themselves, they can distribute it via dividends while still keeping the products competitively priced. And then by encouraging each customer to be a business owner, plus encouraging them to buys shares of the company, it could open a massive gateway for shares to get bought up.
Who knows how it's all going to play out. It could be a massive scam. Scammers are incredibly clever and ruthless. But it could also be the next, rare monster size company that scales to the stratosphere. Take your pick. I like these kind of gambles, never investing more than I can afford to lose of course!
Just my opinion; not investment advice.
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