View Single Post
Old 10-13-2008, 09:52 AM  
Profits of Doom
Monster Rain
 
Profits of Doom's Avatar
 
Industry Role:
Join Date: Feb 2004
Location: Mongo
Posts: 4,978
Quote:
Originally Posted by TheSenator View Post
The white van scam....I was just freshman in college.
http://en.wikipedia.org/wiki/White_van_speakers
Wow, this really takes me back. In between High School and College I worked for a company called Omni Electronics in Ft Lauderdale, Fl. doing this. We would go out in teams of two with a van full of speakers wearing company polo shirts and carrying laminated sales material that showed the value of the speakers at $2999, even though they were really junk that sounded good at first but were very low quality. We would tell people we delivered the speakers to night clubs and bars and the company accidentally put an extra set on the van and they are not on our shipping bill, so we would offer to sell them for $300. The way it worked is the company wanted $100 per every set of speakers we sold, and anything over that we could keep, so we could go as low as $150 a set to make sure everyone got paid. I had weeks where I was making a few grand selling these speakers, and I was only 18 at the time. I quit after I started college, and I remember a few weeks later A Current Affair ran a piece about the company that did this and how it worked that killed the business...
Profits of Doom is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote