Insight certainty 4/5 debate potential 2/5

Social media growth tricks only work for the first couple thousand followers

Brendan Candon · EP 359: Hit $2m Revenue Buy/Sell Other Athelets Gear On Cheap with Brendan Candon of SidelineSwap.com · Jul 18, 2016 · at 11:19

Brendan Candon, co-founder and CEO of SidelineSwap, discusses social media marketing strategy for audience growth.

0:00 / 0:16exact quote · 17.0s
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“I think you have to get a base, and like, however you get your first couple thousand, there's a lot of tricks for that. But once you do it shifts into this quality game of, you can only do tricks for so long, and then you have to build, like, a really solid content funnel in order to continue to scale what you're doing.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Brendan Candon

Prediction Not checkable as stated
Candon predicts sporting goods can support a billion-dollar standalone marketplace
“We truly believe that there will be a sporting goods marketplace that this category is plenty big enough to support one. Probably a billion dollar marketplace.”
Brendan Candon Aug 23, 2017 ▶ 13:38 760: This Site Has Sold $3m Worth of Athletes Old Gear
Opinion
The sports equipment industry is a $60B market waiting for a marketplace
“No one's done it in sports, and that's our goal, is to be the marketplace for athletes. I think it's a sixty billion dollar industry”
Brendan Candon Jul 18, 2016 ▶ 12:32 EP 359: Hit $2m Revenue Buy/Sell Other Athelets Gear On Cheap with Brendan Candon of SidelineSwap.com
Prediction Not publicly verifiable
Candon: SidelineSwap will reach $5M to $6M in 2017 sales
“We are looking to do about five to six million in top line sales this year.”
Brendan Candon Aug 23, 2017 ▶ 2:30 760: This Site Has Sold $3m Worth of Athletes Old Gear
Disclosure
Candon: SidelineSwap takes a 12% cut of GMV as net revenue
“We take a 12% cut. So when our top KPI is gross merchandise volume so we look at how many sales are we driving through the platform. We take a 12% cut of that. That would be our net revenue.”
Brendan Candon Aug 23, 2017 ▶ 3:44 760: This Site Has Sold $3m Worth of Athletes Old Gear
Assertion Not checkable as stated
Candon: SidelineSwap has 15k sellers and 24k buyers
“For sellers, we're around 15,000 sellers, and about 23, 24,000 buyers.”
Brendan Candon Aug 23, 2017 ▶ 4:51 760: This Site Has Sold $3m Worth of Athletes Old Gear
Assertion Not checkable as stated
Candon: SidelineSwap has reached ~$3.5M in cumulative GMV
“About three and a half.”
Brendan Candon Aug 23, 2017 ▶ 8:26 760: This Site Has Sold $3m Worth of Athletes Old Gear
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