It has been a while since a post was made. The last post we made was for the public events that I would be either selling or attending. Well, I have attended all of those and had a great time meeting everybody, selling watches and buying watches.
The emphasis of 2027 will be to close out some things and bring on new things and scale up more of what is working.
CLOSING OUT – WHAT HASN’T WORKED
Live Selling. Unfortunately, I have decided to pull out of and delete the WHATNOT company account. After looking at the data from online selling, in person selling and other platforms, the data doesn’t lie. We were just putting too many eggs into whatnot and not getting nearly the ROI/Profit margin results that other platforms such as EBay, Facebook Marketplace, Mercari and our official site was producing.
We also thought that the algorithm wasn’t doing justice as well. And of course a lot of sellers who joined the network, which dilutes selling opportunities. I wasn’t going to keep diminishing results while working on growing a long term brand strategy.
Realizing that we needed more control of the outcome and potential, we have ceased operations on whatnot and therefore deleted the account. Again, this is nothing personal to any sellers or buyers on the platform. This was a company decision to ensure our long term future across the board.
NEW – PERSON TO PERSON SELLING
One thing that I am focused on doing to help expand our opportunities and goals is to bring on more opportunities to sell person to person. I want to have the greatest opportunity in having a wrist meeting a new piece of horology. In person events have helped greatly. As I am still pursuing a retail location for the company, watch shows, NAWCC meetups, local holiday shopping opportunities, vintage markets and adjacent events will help scale this up.
NEW – DISTILLATION OF INVENTORY THROUGHOUT NUMEROUS PLATFORMS and .COM (Here)
For the longest time, we were focused on whatnot being the strongest channel of all things commerce. With our Multiple-Platform test and shift away from live selling, We now have inventory from all four divisions of our company listed on ebay, poshmark, mercari, depop, facebook marketplace, and even here.
This so far has worked out greatly. So great, it influenced the whatnot shutdown. Now, we are not completely out of the woods yet as more inventory has to be listed and now a strategy for social media and advertising is underway. I’m excited about this and hope to bring more watches, watch straps, clock designs and great tools for your business or hobby.
NEW – COMPANY STRUCTURE SHIFT AS OF THE NEW YEAR
As Tommy’s Time Shop has reached more of a larger company ideal, Not only do we have vintage watches, but also watch straps, 3d printing and now Clocks. As of the first of the new year, the name of the registered company will shift from TOMMYS TIME SHOP LLC to TTS COMPANIES LLC. How come the name shift?
Well, here are the names for every division:
TTS HOROLOGIE – Where Tommy’s Time Shop started, Watch sales.
TTS FAB (or Fabrique) – Where this is now the division that handles 3d Printing operations. Split between my house and shop until I find a larger facility.
TTS ATELIER – The Watch Strap Division that I started because of a bad review from a sus customer buying a dollar project off of whatnot. Amazing what bad customers can do, possibly create monumental companies out of neccessity.
TTS CLOCKWERQUE – The Newest Division, making 3d printed clocks ranging from the most conservative to the most certifiable designs.
After I get through the show season and the holiday season going into 2027, Decisions are going to be made about the real estate situation of the company. When I know more, you shall know asap.
Love you all and thank you so much! You are all amazing
Best,
Tommy
TTS Companies