We’ve spun up and launched our latest marketplace site, this time on the social media site everyone seems to love to hate of late, Facebook. Admittedly, we intended to create this shop some time ago, but it seemed as if Facebook was having issues verifying our business information, which prevented us from actually selling merchandise there or on its associated app, Instagram. And, with no one to actually talk to in their “customer service” department, we had to rely upon back-and-forth emails to get the ball rolling even though we’ve been in existence since 2000. Be that as it may, our Motor Pool boutique shop is now up-and-running and we are in the process of adding products to its online portfolio as quick as we can so we can beef up our holiday presence to service its clientele.
In 2022, we’ll be exploring the launch of similar shops on both Target as well as Walmart, although each comes with its own set of hurdles a.k.a. headaches. To achieve this and maintain a reasonable in-stock inventory level across all of our marketplace sites as well as our main web site, we have begun reducing our SKU count by 10% so that we can store more inventory for those items we do plan on selling on a regular basis. In the collectibles business, it’s oftentimes difficult to predict when an item will be available and for how long, so this is no easy task no matter how you look at it.
Once we move to Florida the middle of next year, we will re-examine this scenario, which is also dependent upon the global supply chain straightening itself out some time in 2022, we hope. More about this as we get ourselves locked and loaded for the coming year.