Tuesday, July 20, 2010 5:55:23 PM
There are other companies who liquidate excess inventories in a multitude of ways and venues. They're also successful. There's no reason BZCN can't do it, too.
You seem stuck on the fact that they're selling excess goods. You seem to be saying "its junk", therefore it has no value. That's false. Watch Hoarders... some people will buy and save ANYTHING. There's certainly value in the goods they're selling.
Is there PROFIT MARGIN? With Ebay fees and Paypal fees, it's probably slim... but that doesn't mean the business model is flawed. It means you have to cut costs... work smarter... be more efficient so you can thrive within that small margin.
If you don't think businesses can thrive on razor thin margins, I invite you to take a look at any grocery store. Even small ones can do it. The better ones control inventory and demand efficiency.
We live in America where anything can be done. And anything that can be done can also be done BETTER!
BZCN can be successful... it just needs to figure out the business. I'm not saying this CEO is the guy to do it... I'm just saying it can be done.
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