Alex Kilka
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's very consistent.
You have dozens of very high-quality sellers on eBay.
You have customers who typically are more like power buyers.
It's not their first power tool they've ever owned, so they know what they're looking for.
And for some reason, there's still a great arbitrage opportunity between the marketplaces.
Um, I mean, yeah, a typical sale, you know, it would sell for maybe 250 on Amazon and we'd buy it for anywhere from 180 to 210 on eBay.
Um, so it was really decent margins, especially, you know, the higher ticket items, you have to sell fewer of them and that makes your customer service a little easier.
Oh, gosh.
Well, I don't have an exact figure for you on that.
Definitely more than what?
Definitely more than a million in sales, dollar sales.
No, no.
Yeah, over time.
And when we started off, we had multiple Amazon stores.
We initially started off as kind of like a general seller, but eventually we found this niche and spun up a
a company called Austin Tool Company.
And we specifically just focus on power tools.
You know, we branded as such.
I love this.
And spent so many of the segment.