Tom's work is selling second hand cars.

Sell, sell, sell.

The dealer gave an old Nissan to me for 200,000 yen.

This is the PC guy over here.

And distributors might sell to dealers. Most dealers are just simply storefronts.

Fast forward more than two decades

But this is, of course, an optimistic scenario. Let's think of other scenarios.

Says he's a rarebook dealer.

And their value proposition, as even they realized later, was pretty unclear.

(Laughter) (Applause) (Circus music)

Sold

PHOTO RELEASE

What do you sell?

We call it a select opportunity .

And remember, tickets for the big game go on sale....

This used car is for sale.

I run a service station and sell some used cars.

This is, you know, two sentences. We build widgets for the X, Y, Z market.

He's like, you know what, we have to match his prices.

My dad sells tractors.

This is in Guangzhou, China, and if you go upstairs in this rather sleepy looking electronics mall, you find the Guangzhou Dashatou second hand trade center, and if you go in there, you follow the guys with the muscles who are carrying the boxes, and where are they going?

So FEED's doing great.

My old car brought me 100.

I sold my old car for one hundred dollars.

I was able to sell my used car for 100 dollars.

I'm a salesperson.

I had to break a machine open.

Our liquor license!

What's so awesome about a queensize futon sale?

This guy is a Bible salesman.

In a physical channel, a direct sales force are sales people that work for you directly and typically sell directly to the end user.

There are some nice apples on sale in that shop.

And the reason why they're the sell side is because they're always selling you stuff.

And that's better than what you get out of treasury bonds.

So that's what sell side means.

So now they're in it together.

October is inventory time.

Anything from the trolley?

Cell phone salesman.

He could also be a Bible salesman.

He sold you the roofilin?

But this time, we have resellers and the resellers don't work for us.

LB

So for some industries, distributors play a pivotal role in the distribution of the product.

If it turns out you're right, we could sell dealerships now, which sounds crazy.