This gives you a monthly profit forecas

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hasibaakterss3309
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Joined: Thu Jan 02, 2025 7:46 am

This gives you a monthly profit forecas

Post by hasibaakterss3309 »

Estimate the cost of your marketing budget over time, for example, ₽50,000
Estimate the average cost per click, for example, 10 ₽ => 5,000 clicks
Estimate the conversion rate, for example 5% => 250 sales
Estimate the average basket check, for example, 1000 ₽ => 250,000 ₽

Once you have created an estimate like the one above, be sure to double-check it from top to bottom; estimate your market share and see how realistic it is. If you have a limited sales throughput, say 200 sales per month, you won't be able to have more than 200 sales, even if your model shows 250 sales per month.

Capacity utilization >90% is usually quite south africa telegram database high for any business (unless you are heavily investing in automation and scaling services at the level of a company like Amazon). If you are achieving this high level on a regular basis, congratulations on your good results. In some cases, you may also have to take seasonality into account, for example, Christmas decorations are mostly sold before the New Year, not in the summer. Quick and easy methods like the ones described above are all you can do to start a profitable business in your field.

How to Model Sales and Profit (A More Accurate Way)
When you have more free time and resources, you will be able to apply a more reliable and accurate modeling system. To make such modeling possible, you need to collect and systematize the following data:
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