** EDITED ** Goingup; Now you see why the partner said "were focusing on the wholsale side, were the BIG money is." Twice he said that!
That's why I keep saying, yes the e-commerce can produce any were from $250,000.00 to $1,000,000.00 a month or more!
(Run the numbers, just 500 orders a day at a check out price of $500.00. What is there average suit cost, $175.00 I think I saw today in the Miami article?)
But the BIG, BIG money is in the wholesale!
Why did they grow from 1 manufacturing plant to 3?
Wholesale!
Why the 2009 party 3-4 weeks ago?
Wholesale!
Why tonites party?
95% Wholesale repeat and new business.
Yes, by opening to the public too, (That's another reason I think they moved to the W, more room.) Yes big bang when e-commerce opens too.
How are they funding all this expansion? Wholesale. Trust me, one retail store in Miami is not pushing this. Even though the partner said the store was doing "beyond" thier expectations.
Do you realize the cost to open a new store in Miami, while the NY store was still open. And run both for what 5 months cost?
Remember he said, the NY store was costing them. In other words not paying for itself, probalily is how I took that.
Than the cost to close the NY store, move all the inventory, office stuff, and all the owners and employees to Miami cost?
Were did the money come from? From whole sale!!!!!
Their focus is 90% on wholesale. Retail is the "eye candy" to the steak dinner guys.
Guys, you see the BRILLANCE of Mrs. Josloff moving INCA to Miami now. Miami is to swim wear as Hollywood is to movies.
This is why he also said, "if we build the business, the filings, the uplisting, the stock will take care of it self". (Parapharsed).
It take money to do all the filings, than uplisting.
That will mostly come from the increase in wholesale.
Oh the added retail will help too.
All good in INCA land!
Brad J, thanks. For your kind words.
Cmistocks, thanks. For your kind words.
Stockdjin, YES. I have total faith we will hit $1.00 by EOD tommorow. When you have faith, doubt can not live in the same body. I have seen first hand how God moves. We can not see what's going on, yet! With our natural eyes.
See you all as we hit $1.00 by EOD tommorow.
Than unto $2.00, $10.00.
Than unto the beaches of the world baby!
Dan Sz
All, IMHO, all my personal preditions.
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