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Started By
Message
re: Big Baller Brand grosses $150k in 1st day sales
Posted on 5/9/17 at 9:14 am to SCLSUMuddogs
Posted on 5/9/17 at 9:14 am to SCLSUMuddogs
quote:
Do you even know how businesses work? 300 units sold is god awful.
Do you? Tesla sells less than 300 cars a day and they are a $50B company.
quote:
Also, you know these shoes cost money to make right?
Hence 'grosses' in the title
4
Posted on 5/9/17 at 9:14 am to StrongBackWeakMind
quote:
Where'd you get that from?
Ball claimed it, and Rovell said that number is accurate for most lottery picks
Posted on 5/9/17 at 9:16 am to StrongBackWeakMind
quote:If so, he'd embellish it up, right?
Oh Jesus. You aren't a little skeptical about the shite that comes out of his mouth?
Fwiw, I think Darren Rovell also said the same thing, if that helps
Posted on 5/9/17 at 9:17 am to SCLSUMuddogs
quote:Is it?
Do you even know how businesses work? 300 units sold is god awful.
quote:Yep. But making them to order means little to no risk in overhead.
Also, you know these shoes cost money to make right?
Posted on 5/9/17 at 9:19 am to shel311
quote:Not IMO. He'd reduce it to justify what he's doing.
If so, he'd embellish it up, right?
Was Simmons' shoe deal an anomaly? His deal was substantially more.
Posted on 5/9/17 at 9:19 am to StrongBackWeakMind
quote:You really think LaVar Ball cares to justify what he's doing to anyone? Really???
Not IMO. He'd reduce it to justify what he's doing.
That dude does not give a shite about what anyone thinks. If there's 1 thing we learned from him, it's that.
This post was edited on 5/9/17 at 9:20 am
Posted on 5/9/17 at 9:20 am to shel311
quote:Yes. Turning down a lower offer makes him look like a better business man. Turning down $20 mil guaranteed... not so much.
You really think LaVar Ball cares to justify what he's doing to anyone? Really???
This post was edited on 5/9/17 at 9:21 am
Posted on 5/9/17 at 9:20 am to joshnorris14
quote:
Tesla sells less than 300 cars a day and they are a $50B company.
Posted on 5/9/17 at 9:21 am to shel311
quote:
They haven't spent much either, from what I gather
Between the pictures they released, having the website made, having the videos made, and designing the shoe I would bet that a sizable amount of money has been spent directly related to the shoes, and this is before any production costs. They will probably sale a few more pairs, but their big earning day would have been the day of the release and they sold 300 units. By the time the shoes are delivered to customers the Balls will net less than half a million probably which isn't very good when he could have had 8 million+.
Posted on 5/9/17 at 9:22 am to StrongBackWeakMind
quote:
Was Simmons' shoe deal an anomaly? His deal was substantially more.
The hype and expectations drives the market.
LeBron got huge money coming in to the league. Guys like Westbrook/Harden did not.
There was a lot surrounding Simmons. Most everything surrounding Ball has been self promoted from the Ball family.
This post was edited on 5/9/17 at 9:23 am
Posted on 5/9/17 at 9:23 am to joshnorris14
I wonder how many slow white guys bought them
Posted on 5/9/17 at 9:23 am to Woopigsooie20
I mean, it's a fair point based on what he was replying to.
Posted on 5/9/17 at 9:24 am to Mingo Was His NameO
quote:Sizeable? Pictures and a website, I don't think that's "sizeable" by any stretch.
Between the pictures they released, having the website made, having the videos made, and designing the shoe I would bet that a sizable amount of money has been spent directly related to the shoes
quote:Made to order, little to no risk.
and this is before any production costs
quote:Sure, but it's not like the game is over at that point.
By the time the shoes are delivered to customers the Balls will net less than half a million probably which isn't very good when he could have had 8 million+.
Posted on 5/9/17 at 9:26 am to joshnorris14
quote:
Do you? Tesla sells less than 300 cars a day and they are a $50B company.
Lmao
Posted on 5/9/17 at 9:27 am to joshnorris14
With all that hype and publicity and tv appearances and bullshite, they sold 314 pairs of shoes. That's fricking nothing. Most self-published books sell 300 copies on the first day, too.
You realize that most of these went to a few sports/entertainment celebrities who think the whole damn thing is hilarious, plus a few dozen to his friends and extended family. Check back with me in a month and lets see if he's still moving 300+ a day at $495 a shoe.
As to the initial outlay of cost, it is expensive as hell to design, gather materials, initiate a production run and ship a product. How you make up for that cost is by selling hundreds of thousands of your product- not 300.
Josh, you compared Tesla selling 300 cars a day to Ball selling 300 shoes a day. I recommend you take a high school Econ class sometime.
You realize that most of these went to a few sports/entertainment celebrities who think the whole damn thing is hilarious, plus a few dozen to his friends and extended family. Check back with me in a month and lets see if he's still moving 300+ a day at $495 a shoe.
As to the initial outlay of cost, it is expensive as hell to design, gather materials, initiate a production run and ship a product. How you make up for that cost is by selling hundreds of thousands of your product- not 300.
Josh, you compared Tesla selling 300 cars a day to Ball selling 300 shoes a day. I recommend you take a high school Econ class sometime.
This post was edited on 5/9/17 at 9:29 am
Posted on 5/9/17 at 9:28 am to ShaneTheLegLechler
Again, it's a fair point.
Just saying, you sold 300 units, that's terrible is pretty meaningless and ignores context.
He just took an outlandish quote to show the the other guy's point was pretty baseless.
Just saying, you sold 300 units, that's terrible is pretty meaningless and ignores context.
He just took an outlandish quote to show the the other guy's point was pretty baseless.
Posted on 5/9/17 at 9:29 am to shel311
quote:
I mean, it's a fair point based on what he was replying to.
Eh, his general point maybe but that is a big leap in products
Posted on 5/9/17 at 9:30 am to ClientNumber9
quote:Link? Maybe, I didn't see anything that said the vast majority of his shoes went to family and/or celebrities who think this is hilarious.
You realize that most of these went to a few sports/entertainment celebrities who think the whole damn thing is hilarious, plus a few dozen to his friends and extended
quote:He won't be.
Check back with me in a month and lets see if he's still moving 300+ a day at $495 a shoe.
quote:They're made to order, again, little to no risk in this department, but yes he will incur those costs.
initiate a production run and ship a product.
quote:Well, tell us what you know about starting a shoe company, gives the details on other shoe companies and what they sold on day 1 to show that 300 is a horrible number.
Josh, you compared Tesla selling 300 cars a day to Ball selling 300 shoes a day. I recommend you take a high school Econ class sometime.
Posted on 5/9/17 at 9:32 am to SCLSUMuddogs
quote:
300 units sold is god awful
Can't say this as an absolute statement.
Posted on 5/9/17 at 9:33 am to shel311
quote:
Sizeable? Pictures and a website, I don't think that's "sizeable" by any stretch.
If they spent $10,000 which is not unreasonable at all, they would have already taken out 6.67% of the net sales.
quote:
Made to order, little to no risk.
They still have to make the shoes, correct? or they could just say that didn't sale enough so they aren't producing any which would be a disaster.
quote:
Sure, but it's not like the game is over at that point.
Are they going to release a $500 pair of shoes yearly or biyearly and expect to have good sales? Unless Lonzo turns into Michael or Kobe, I'm not buying that.
At this point they made a bad decision. They are going to have to increase sales by 300% to equal what he could have gotten per year with an established company. Barring something special, I don't see that happening.
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