Business

SFLMaven Announces March 2021 Sales Grew 20% to $0.8 Million

SFLMaven Announces March 2021 Sales Grew 20% to $0.8 Million.

articleSflmaven Corp.April 8, 20214/company/sflmaven-corp/news/sflmaven-announces-march-2021-sales-grew-20percent-to-dollar08-million
SFLMaven Announces March 2021 Sales Grew 20% to $0.8 Million

About this update from Sflmaven Corp.

[{"type":"text","content":"Continued Famous Thursday Night Auction Success Drives 15 Million Listing Impressions and Strong March SalesFORT LAUDERDALE, FL / ACCESSWIRE / April 8, 2021 / SFLMaven Corp. (OTC PINK:SFLM), ("SFLMaven" or the "Company"), a leading provider of high-end luxury goods, today announced that eBay auction sales in March 2021 totaled $797,000 spanning 928 products sold, a 20% sales increase from $663,000 in March 2020.The sales growth was primarily driven by the success of the Company's "Famous Thursday Night Auction" event, which generated the majority of total sales from the SFL Maven eBay store. SFLMaven received 15.0 million impressions on its listings in the month, driving 23,452 page views."We were pleased to realize yet another strong month in March, driven by impressive user engagement and ongoing bidding wars given the unique, highly desirable nature of our jewelry inventory," said Joseph Ladin, Chief Executive Officer of SFLMaven. "While we sold nearly 1,000 items in March, the sale of a Piaget Diamond Men's Watch for $18,600 is a testament to the quality of our sourcing, marking the largest sale we have realized year-to-date. We have seen increased macroeconomic strength, driving demand for jewelry as both as a fashion statement and as a store of value in increasingly uncertain times."The growing popularity of our Famous Thursday Night Auctions - as evidenced by our 15 million listing impressions - is particularly encouraging, providing us with a framework to scale up sales as we continue to bolster our inventory and sourcing efforts. I look forward to continued execution in the months ahead as we strive to build sustainable, long-term value for our shareholders."About SFLMavenSFLMaven Corp. (OTC: SFLM), is a premium provider of high-end luxury goods to discerning clientele globally. SFLMaven has driven over $130 million in sales and 98,000 positive reviews since inception, famous for its Thursday Night Auction events on its top-rated eBay store. For more information, please visit the Company's website at https://www.sflmaven.com/ or follow the Company on Twitter at @sflmaven.Forward-Looking StatementsThis press release may contain forward-looking statements, including information about management's view of SFLMaven Corp.'s future expectations, plans ...

More updates from Sflmaven Corp.