SFLMaven Announces Robust eBay Auction Sales of $207,000 for Week Ended April 23rd

Rhea-AI Summary

SFLMaven Corp. (OTC PINK:SFLM) reported strong auction results, generating over $207,000 in eBay sales for the week ending April 23, 2021. The company's 'Famous Thursday Night Auction' significantly contributed to this success, attracting 8 million impressions and 77,955 page views. Notably, an antique brooch sold for $6,350, underscoring SFLMaven's effective sourcing strategy. The company aims to transition to monthly reporting of auction results and anticipates continued growth based on current momentum.

Positive

• Total eBay auction sales exceeded $207,000 for the week ending April 23, 2021.
• The Famous Thursday Night Auction generated significant consumer engagement with 8 million impressions.
• Year-over-year growth reflected in auction sales, indicating strong market position.
• Successful sale of antique brooch for $6,350 highlights effective jewelry sourcing.

Negative

• None.

Strong Auction Results and Unique Jewelry Inventory Drive Another $200,000+ Revenue Week

FORT LAUDERDALE, FL / ACCESSWIRE / April 27, 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 the week ended April 23^rd, 2021 totaled over $207,000 spanning 278 products sold.

The Company's "Famous Thursday Night Auction" event continued to drive high levels of consumer engagement, generating the vast majority of revenue in the week to the widely followed SFL Maven eBay store. SFLMaven received a robust 8.0 million impressions on its listings in the week, driving 77,955 page views.

"We continued our strong cadence of sales momentum in the week, and despite inherent weekly fluctuations, showed healthy year-over-year growth," said Joseph Ladin Chief Executive Officer. "Our antique Carl Bucherer Platinum Diamond Brooch sparked an exciting bidding war and was sold for $6,350 in our famous Thursday night action - yet another testament to our differentiated jewelry sourcing capabilities, enabling us to find the most desirable pieces to continually captivate consumers. I look forward to reporting our April monthly results in early May and our transition to monthly reporting of auction results going forward."

Pictured Above: Antique Carl Bucherer Platinum Diamond Brooch, which sold for $6,350.

About SFLMaven

SFLMaven Corp. (OTC PINK: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 Statements

This press release may contain forward-looking statements, including information about management's view of SFLMaven Corp.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of SFLMaven, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on SFLMaven's future results. The forward-looking statements included in this press release are made only as of the date hereof. SFLMaven cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SFLMaven undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by SFLMaven.

Public Relations Contact:
EDM Media, LLC
https://edm.media

Investor Relations Contact:
Lucas Zimmerman
MZ Group - MZ North America
949-259-4987
SFLM@mzgroup.us
www.mzgroup.us

SOURCE: SFLMaven Corp.

View source version on accesswire.com:
https://www.accesswire.com/642106/SFLMaven-Announces-Robust-eBay-Auction-Sales-of-207000-for-Week-Ended-April-23rd

FAQ

What were SFLMaven's auction sales for the week ending April 23, 2021?

SFLMaven reported over $207,000 in eBay auction sales.

How many products did SFLMaven sell on eBay during the reported week?

SFLMaven sold a total of 278 products during that week.

What is the significance of the Thursday Night Auction for SFLMaven?

The Thursday Night Auction significantly contributes to SFLMaven's sales and consumer engagement.

What was the highest sale reported by SFLMaven in the auction?

An antique Carl Bucherer Platinum Diamond Brooch sold for $6,350.

What future reporting changes did SFLMaven announce?

SFLMaven plans to transition to monthly reporting of auction results.