(Total Views: 197)
Posted On: 05/01/2018 10:32:06 AM
Post# of 40991
If it drops - I will add. The lower the better because the long term outlook is amazing and getting in cheaper means more money for me later.
There is all sorts of detailed business "stuff" he is not doing, but if the sales and product are there - everything will work itself out.
500 dealerships @ 100 cars a month (approx. ave new car sales per dealer in US) = 50,000 cars a month - assume you up sell 1 out of every 4 cars sold with the app - that is 12,500 monthly run rate sales of the app.
12,500 X $200 (round number) = $2.5M MONTH
This is a run rate once full implementation but this is in addition to what has already been seeded in the pipeline.
At this point if you don't believe him then really it is time to move on because you are not going to get names etc. You are going to have to wait for the quarterly reports to see the progress.
I can wait.
There is all sorts of detailed business "stuff" he is not doing, but if the sales and product are there - everything will work itself out.
500 dealerships @ 100 cars a month (approx. ave new car sales per dealer in US) = 50,000 cars a month - assume you up sell 1 out of every 4 cars sold with the app - that is 12,500 monthly run rate sales of the app.
12,500 X $200 (round number) = $2.5M MONTH
This is a run rate once full implementation but this is in addition to what has already been seeded in the pipeline.
At this point if you don't believe him then really it is time to move on because you are not going to get names etc. You are going to have to wait for the quarterly reports to see the progress.
I can wait.
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