By Karim Rahemtulla War Room members have made a lot of money with online retailer The RealReal (Nasdaq: REAL). And just for a refresher, The RealReal is not your typical online store. Its main attraction is high-end retail consignment, with brands such as Valentino and Christian Dior.
Its unique selling proposition is that it authenticates everything it sells and if you’re not happy with your purchase for any reason, it will refund your money.
That’s quite a promise, and The RealReal’s sales have been on fire lately…
The company takes a cut of each sale, so there is very little it invests in inventory. It’s basically …read more
