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Semelhante a Million Dollar Case Study Europe – Session #19 – MDCS Updates
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Million Dollar Case Study Europe – Session #19 – MDCS Updates
- 1. SESSION 3: Supplier Outreach & Product Selection T H E M I L L I O N D O L L A R C A S E S T U D Y E U R O P E
- 2. FINAL #MDCSchallenge Giveaway Extension Winner Web App Winner Web App Winner
- 3. Today’s Session Million Dollar Case Study FULL YEAR updates ◍ How our FBA business has performed ◍ Jungle Stix & Jungle Snugs updates ◍ Our successes and failures ◍ Plans for the future & our $1 million goal
- 4. A Reminder Why We Are Here
- 5. Total Case Study Revenue To Date 2016: $191k 2017: $268k Yearly revenues are growing
- 6. Sales Growing: Seasonality is Low
- 7. Our Expenses ● Order fees are highest - this is normal ● Cost of goods 18% ● PPC higher at 14% due to nature of case study ● Shipping costs quite low
- 8. Jungle Stix Still Performs On Top
- 9. Jungle Snugs Pink 1500 Units Blue 700 units White 1099 Units
- 10. New Gray Snugs
- 11. The 80/20 Rule
- 12. Jungle Slumber Launching in the UK for the New Year Top sellers generating £2.5k - £5k revenue per month… Up to 6.7k dollars revenue per month
- 13. What went well ◍ Launched 3 products and 7 SKUs in two marketplaces ◍ Generated almost half a million in revenue ◍ Staying competitive despite heightened pressure of a public launch ◍ Returns rates are all below 3%
- 14. What didn’t go well ◍ Running out of stock / Inventory management ◍ Need to be more proactive with admin tasks ◍ Spend more time on updating listings & optimization
- 15. Future Plans In 2018 we will continue to sell our products and we will give you periodic updates on the following: ◍ Sales progress ◍ New product launches ◍ Expansion into other markets ◍ Non-Amazon marketing strategies Drop in the comments what you want to see next!!
- 16. Q&A
- 17. What was your investment?
- 18. Where should I launch first?
- 19. Do I need a Marketing budget?
- 20. Thank you for your continued support! MDCS will still continue to generate revenue for Pencils of Promise. We will alert you by email when we have new updates, webinars or articles to share! Ensure you are registered for the case study at: junglescout.com/million