A) What is TilSOLD.com’s mission statement?
The mission of TilSOLD.com is simple, to be THE #1 PLACE online in the United States to buy or sell just about anything.
B) What is TilSOLD.com’s ultimate goal?
This question is probably the easiest of them all. TilSOLD.com’s ultimate goal is to make TilSOLD.com a world known phenomenon, just like Ebay, Craigslist, Facebook and Yahoo.
C) Is there any competition for TilSOLD.com?
Just like anything else today, of course there is “competition”. Ah, but why was the word competition placed in quotation marks? We at TilSOLD.com use the word competition loosely, quite loosely, in fact. Why do we use the word “competition” loosely? The answer is simple. Because yes, there are some websites that sort of do similar things to what TilSOLD.com does. However, not one of them and we mean not one of them, does exactly what we will be doing nor to the extent we will be doing it, guaranteed.
D) What is going to make TilSOLD.com stand out? Rise above its competition? Be better than the competition?
20 things immediately come to mind. Seriously.
NOTE: None of the 20 things listed below have been listed in any specific order.
- TilSOLD.coms’ incredible, amazing, phenomenal, wicked smart (I’m sure by now you get the point LOL) leader, creator, developer and founder, Steven Barta
- its amount of business, marketing, internet and of course, people experience and expertise.
- its ability to adapt change and grow (at lightning speed I might add) with the ever changing market place
- its ability to think outside the proverbial box
- its ability to manage
- its ability and of course, willingness, to seek out help for the knowledge and expertise it deems necessary to continue on its path of success-to continue on its path to becoming a world known phenomenon.
- its ability to seek out and find the right people for the job at hand
- its amazing ability to learn from other businesses, other websites, other people’s mistakes
- its relentless ability to never quit
- its immeasurable amount of passion
- its relentless pursuit to learn new things
- its unbelievable ability to constantly strive to become better than yesterday
- its uncanny ability to solve problems
- its attention to detail
- its constant pursuit of perfection
- its SATR philosophy
S step back
A access situation, then analyze situation
T think things out twice
R react accordingly
- its ability to lead
- its unbelievable ability to constantly create additional revenue streams
- its ability to do quite a bit with quite little. In other words, its ability to keep expenses low, yet accomplish a whole heck of a lot
- Last, but certainly not least, its honesty, its work ethic and of course, its integrity.
And there’s more…
It’s a
search engine and
a directory.
It’s MAIN categories
Our HIGHLY specialized Categories
- Airplanes: *also includes all sorts of Airplane Stuff
- Animal Stuff: Everything regarding animals except for actual animals.
- Antiques:
- Art: *also includes all sorts of Art Stuff
- ATVS: *also includes all sorts of ATV Stuff
- Best Offer: For people trying to get the absolute best price for their item.
- Bicycles: *also includes all sorts of Bicycle Stuff
- Boats: *also includes all sorts of Boat Stuff
- Brand New:
- Building Materials:
- Bulk Merchandise:
- Businesses:
Sub-categories: Brick and Mortar Businesses, Mobile Businesses, Online Businesses, Seasonal Businesses, Service Only Businesses
- By Country: Things from the specific country.
- By Theme: Things based on a specific theme.
- Cars: *also includes all sorts of Car Stuff
- Clothing:
- Collectibles:
- Collections:
- College Stuff: Things themed around the specific college.
- Custom Made:
- Destinations: Things themed around the specific destination.
- Everything Else: main category covering anything not fitting into any of the 51 main categories and/or sub-categories
- Fishing Stuff:
- For Parts Only: Things that cannot be reused based on its original use.
- Free Stuff: This is a 100% free category where anyone can post stuff they would like to give away.
- Furniture:
- Golf Stuff:
- Heavy Equipment: *also includes all sorts of Heavy Equipment Stuff
- Holiday Stuff: Things based on the specific holiday.
- Incredibly Unique:
- Intangibles:
Sub-categories: Domain Names, Facebook Accounts, Instagram Accounts, Patents, Pinterest Accounts, Websites, X Accounts
- Inventory:
- Jewelry *also includes all sorts of Jewelry Stuff
- Limited Production:
- Memorabilia:
- Motorcycles: *also includes all sorts of Motorcycle Stuff
- Music Stuff: Anything that has to do with music.
- Needs Repair:
- Nostalgia:
- One of a Kind:
- Parts: Parts for anything.
- Raw Materials:
- Real Estate:
Sub-categories: 1700s, 1800s, 1900s, 2000s, Brand New Builds, Houses by Type, Real Estate by Area, Real Estate by Type
- Reclaimed Stuff: *I believe this main category will be one of the fastest growing categories.
- Sports Stuff
- State Themed: Things themed around the specific state.
- Supplies:
- SUVs: *also includes all sorts of SUV Stuff
- Timeshares:
- Tools: *My favorite category.
- Trailers: *also includes all sorts of Trailer Stuff
- Trucks: *also includes all sorts of Truck Stuff
- Vans: *also includes all sorts of Van Stuff
- Wanted: This is a 100% free category where anyone in search of a specific item can post what exactly it is they are looking for.
Yep, there’s even more…
Its incredibly helpful, PROPRIETARY Form of Marketing:
The products it offers its sellers to help them sell their items.
It’s ease of use.
It’s one time ONLY fee to sell an item.
The *also see and the also see the Category
Categories categorized under Stuff
The *also see will keep people engaged longer, more page views and most importantly, more advertising revenue.
All the “Stuff” Categories
Because these categories are so incredibly deep, they too, will keep people engaged longer, more page views and most importantly, more advertising revenue.
E) What are your marketing plans for TilSOLD.com?
Ah, the million $dollar question. Without going into extensive detail, just know, we have a 20+ page (it’s constantly growing) marketing plan that includes of course, both, online and offline marketing strategies including some of the most cutting edge marketing strategies which consists of using social media extensively.
F) Will there be apps for TilSOLD.com?
Absolutely. In fact, there will be a desktop app as well as a mobile app for TilSOLD.com
G) How did TilSOLD.com come up with its $3,587,250 start up valuation?
Ah, the 100 million $dollar, perhaps even, multi-billion $dollar, question.
IMPORTANT NOTE:
As you read how we came up with the $3,587,250 start up valuation for TilSOLD.com, be sure you keep the following statistics in mind:
MARKET POTENTIAL:
My whole point with all these stats here is that there is an incredibly HUGE market for TilSOLD.com and its G_R_O_W_I_N_G by the minute.
Here is exactly how TilSOLD.com came up with its $3,587,250 start up valuation
OUR FORMULA:
Gross Revenue – Customer Acquisition Costs (CAC) – Operation Expenses (OC) – Incidental Expenses (IE) = Net Profit (pre-tax) x 5 (years)
Gross Revenue (GR) =
Total amount of money grossed in 1 year.
Customer Acquisition Costs (CAC) =
Total marketing and advertising costs (TMaAC/Total number of new customers (TNNC)
CAC = TMaAC/TNC
Customer acquisition costs (average cost to acquire customer $0 - $5.00)
Operation Costs (OC) =
All continuous expenses to run the business, i.e. employee/s, insurance, recurring fees for software usage, hosting fees for web servers, cell phones, annual domain name fees, etc.
Operation costs estimation up to 10% of gross revenue
Incidental Expenses (IE) =
1 time or inconsistent purchase items that are needed to run the business throughout the year; i.e. computers, office supplies, desks, printers, travel expenses
Incidental expenses estimation 1 - 5% of gross revenue
YEAR 1 PROJECTION:
NOTE: Our first year projection given below is extremely, extremely conservative. After all, it is the internet. We will be harnessing the full power of social media.
100 (customers per month, per state) x 50 (states) x 12 (1 year) = 60,000 total customers x $19.95 (minimal cost to post on TilSOLD.com) = $1,197,000 gross revenue.
Customer Acquisition Costs (CAC):
$300,000 60,000 new customers x $5.00 = $300,000
NOTE: In the example above, we used an incredibly liberal average customer acquisition cost of $5.00 per new customer especially considering it’s the internet and we will be using social media extensively. This incredibly liberal number should offset our customer retention costs.
Operation Costs (OC):
$119,700 10% of gross revenue ($1,197,000)
Incidental Expenses (IE):
$59,850 5% of gross revenue ($1,197,000)
$1,197,000 (GR) - $300,000 (CAC) - $119,700 (OC) - $59,850 (IE) = $717,450 (net profit) x 5 years = $3,587,250 valuation
NOTES: Based on the example above, as an investor, you would receive an annual return of $1,793 for every $5,000 you invested into TilSOLD.com
*That’s more than a 35% annual rate of return on your money.
net profit = $717,450 x .25% = $1,793.
HUGE NOTE: We did not take any advertising revenue into consideration, any Add-Ons such as additional categories or all United States (nationwide exposure) into consideration nor did we take any revenue from our proprietary “Marketing Helpers” into consideration.
I assure you, TilSOLD.com has the potential of creating an incredible amount of additional revenue through advertisers, additional categories, nationwide exposure and its proprietary “marketing helpers”-our key to really standing out about all “competition”.
As you could see, even being incredibly conservative with our gross revenue and quite liberal with both, our operation costs and our incidental expenses, we established an initial start-up valuation of $3,587,250
MORE LIKELY SCENARIO:
Remember, this is the internet and we will harness the power of social media.
YEAR 1 PROJECTION:
400 (customers per month, per state) x 50 (states) x 12 (1 year) = 240,000 total customers x $19.95 (minimal cost to post on TilSOLD.com) = $4,788,000 gross revenue.
Customer Acquisition Costs (CAC):
$1,200,000 240,000 new customers x $5.00 = $1,200,000
NOTE: Once again, in the example above, we used an incredibly liberal average customer acquisition cost of $5.00 per new customer especially considering it’s the internet and we will be using social media extensively. This liberal number should offset our customer retention costs.
Operation Costs (OC):
$478,800 10% of gross revenue ($4,788,000)
Incidental Expenses (IE):
$239,000 5% of gross revenue ($4,788,000)
$4,788,000 (GR) - $1,200,000 (CAC) - $478,800 (OC) - $239,000 (IE) = $2,870,200 (net profit) x 5 years = $14,351,000 valuation
NOTES: In the example above, as an investor, you would receive an annual return of $7,175 for every $5,000 you invested into TilSOLD.com
*That’s more than an 143% annual rate of return on your money.
net profit = $2,870,200 x .25% = $7,175.
Once again, as you could see, we were quite conservative with our initial start-up valuation of $3,587,250
H) What are the projections for TilSOLD.com?
Our projection for TilSOLD.com is an absolute minimum of 10% - 20% growth per year for at least the first 10 years.
I) Where is TilSOLD.com based?
TilSOLD.com is based in Norwalk, CT
J) Is TilSOLD.com a privately owned company?
Yes, TilSOLD.com is a privately owned company.
K) I have heard TilSOLD.com has incredible high integrity and safety standards. What are the things you will not allow to be sold on TilSOLD.com?
Click here to see our list of Prohibited Things.
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