Here I am modelling the Phoenix Rising Risk vest and pocket watch. The pants are included in the package (now only L$25 !!). I'm also wearing a white dress shirt from Connors, Dragoness shoes from Kalnins, nails & rings from Mandala.
Thursday, October 6, 2011
Phoenix Rising Risk Vest and Pocket Watch
Phoenix Rising must be going out of business or their minds since everything in the store is L$25 with discount items at L$1. I picked up a few more colors of my favorite vest and pocket watch as well as several nice tops and a gown. Super great sale - I have no idea how long it's going to last.
Here I am modelling the Phoenix Rising Risk vest and pocket watch. The pants are included in the package (now only L$25 !!). I'm also wearing a white dress shirt from Connors, Dragoness shoes from Kalnins, nails & rings from Mandala.
Here I am modelling the Phoenix Rising Risk vest and pocket watch. The pants are included in the package (now only L$25 !!). I'm also wearing a white dress shirt from Connors, Dragoness shoes from Kalnins, nails & rings from Mandala.
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that store was "going out of business" with that sale for about 6 months (long enough to roll my eyes with every "CLOSING SALE!!!!" notice), and then I guess she was still making money so she just left it all available.
ReplyDeleteInteresting albeit apocryphal. At 25L it would take 10 sales to make $1 US. My visit was random but there were only about 5 people there (that's actually quite good for an SL store). So, let's say 40% of the customers buy something. At, again let's say 50 customers an hour, that would be 20 sales per hour at 25L which is 500L or $2 per hour. Ok, looking good, that's (given that the day is not continuous but timezones vary) maybe 5000L per day or $20 per day. What's the cost of the shop ? I guess they are making maybe some money but not very much. Of course, my estimates are all questionable. Especially the 40% buy rate!
ReplyDeleteI suspect a lot of merchants are making most of their sales on Marketplace. I made a few freebies to help boost traffic for some friends and posted the items on marketplace for $10L (with a link to get the items for free inworld) and still make anywhere from $70-100L per day.
DeleteParcel traffic isn't always the best indicator of how well a product is selling--just ask my poor friends who are hosting my freebie boards, waiting for the crowds to trickle in.