Invested $50k and 3.5 Months Later the Business is Worth $300k (400+% ROI)?
I started writing this post before I had finished the data analysis…the ROI is a little shocking! I want to make sure up front I say these numbers are still a little “fresh” and it would be stupid of me to consider these last two months as the basis moving forward.
Since my decision (when the wife was away and I had had a couple beer) to launch my can’t fail FBA business on a Friday night mid September I have been moving quickly (especially in the first two months).
This post is an update on my business and I share exactly how many of the assumptions I made have held up.
Apologies to those non data geeks as I share a LOT of data below!
In this post I am going to share…
- My Basic FBA Business Strategy (summary)
- Recent Success
- Increased Price!
- Keyword Ranking
- Reviews
- Recent Failures (plenty!)
- Lowered Price
- PPC (Amazon and Re-Targeting)
- Pushing the business forward
- Promo code (lost $1.5k)
- Sales and Traffic Numbers
- FBA
- Net Profit & How are my assumptions holding
- Path Forward – Revised FBA Goals
Sell 50 units per day by the end of the year (Completed)- Grow Business to $15k/month average for 6 months and sell for 30x
- Launch 2 new brands on the back of affiliate sites