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Brendan Candon

๐Ÿ‘ค Speaker
252 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Other way around.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Yeah, that'd be nice.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

But I mean, we, uh, I mean, there's a $60 billion industry for sporting goods.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Um, so we're just scratching the surface of what, what we could do.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Um, so, but you know, we'll have to get to a pretty large volume to, uh, get to the revenue numbers we want to see.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

For sellers, we're around 15,000 sellers and about 23,000, 24,000 buyers.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Yeah, so I mean, we had to get very scrappy to get this off the ground.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

I mean, it's a two sided marketplace.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

So we have to acquire supply through sellers.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

And we also have to drive traffic.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

And that has to stay pretty much in line.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

If you get too much supply, sellers are unhappy, because they're not getting enough sales.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

If you drive too much demand without enough supply, you don't convert on any of those people visiting your website.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

So the way we got this started, we

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

We had pretty unique insight into the sporting goods world of where there was inventory that was sitting in garages, warehouses, and equipment rooms.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

So what we did was we went to former college athletes, professional athletes, and other people in the industry who had accumulated piles of gear over their years of playing in some cases, or in some cases they were liquidating college equipment rooms or professional equipment rooms.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

We took that, got supply on the site, and it was really unique inventory.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

So think like we had Jimmy Vesey, who's on the New York Rangers now, sell his college hockey stuff from Harvard.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

We had like 25% of the former college lacrosse players come on and sell their stuff.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

We had a bunch of guys from the U.S.