Jan 2 • 🛠 Shop Talk
Store Revenue Forecast
Here's my store's revenue track so far:
First month / July ($30 from my own pocket), got approved from FedEx, and was asked to start using the services only after July 17, and thus, we probably started from July 21.
Second month/ August: Got approved for UPS ASO last week of July, and the account was activated from August 1: $300
Third Month/ September: $3000 (had to pay a customer around $1300 out of pocket for damaged shipments value balance not covered by fedex due to not entering the actual declared value)
Fourth Month / October : around $2000
Fifth Month/ November: around $2000
Sixth Month December: around $3300 and counting for the last day.
These exclude uhaul commissions, which was around $1100 (out of $6000 gross revenue).
Can anyone suggest or even guesstimate how this revenue model will grow over the next 6 months? I'm just curious how it will play out. We have invested heavily in marketing and kept our rates low (around 33% average of all the 3 major carriers for shipping).
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Store Revenue Forecast
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