Arbitrage in Limited-Edition Goods
Business Model: Online resale of limited-edition consumer goods like rare sneakers, collectible toys, and exclusive fashion items. Purchase these items at retail or below market value and resell them at a higher price, leveraging scarcity and demand. Pricing: Buy items (e.g., sneakers) at $200 per pair and sell at $400-$600. Selling 5,000 units over 6 months can generate $1 million in revenue. Audience Building and Marketing: Utilize Instagram and TikTok, collaborate with influencers, and engage in forums and online communities. Implement email marketing and referral programs for rapid growth. Additional Revenue Streams: Offer a membership program and authentication services. Long-Term Growth: Expand into other collectible categories, develop brand partnerships, and engage with the community to understand trends.