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Re: bbotcs post# 4954

Friday, 10/21/2011 2:48:21 PM

Friday, October 21, 2011 2:48:21 PM

Post# of 10804
bbotcs....One of the websites I track numbers on is ProVantage (they cater directly to businesses. You probably have gotten their catalog if you need computer products---they mailed out 1.5M copies last year).

Here is their inventory on Somo 650EB-E and EB-M units (combined--I'm too lazy to separate for this example) for the last 8 business days (they update it every morning):

Wednesday, October 19th: 263 units
Thursday: 236 units
Friday: I'm out of town
Monday: 171 units
Tuesday: 207 units
Wednesday: 246 units
Thursday: 225 units
Friday: 213 units

If these are accurate (and who knows if they are), it means they sold 125 units, and restocked on other days (we don't know what number they sold on "restocking" days).

That's 15 per day or so. May not sound exciting, but 200 units/day sold by the company worldwide puts them in some serious numbers (last quarter they did $2.6M on Somo sales and Somo accessories/extended warranty for 3900 units or $590 in revenue/unit sold).

ProVantage isn't even the website with the biggest inventory. (That goes to Insight.com, a $700M Nasdaq company. They carry over 500 units in stock available for "same day shipping" and are doing some good numbers too. Barcode Planet/Giant does well too, though they just changed their inventory from specific numbers to just 'available' across their whole website).

These numbers don't mean anything without the CEO talking about serious growth occurring (they could just be a computer glitch!) It's just when the company just hired a Senior Service Customer manager, additional internal sales person, and is hiring for Assemblers, you get the idea that sales are picking up fast.

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