mdhi this is for Costco sales only these are o
Post# of 1039
Posted On: 08/19/2013 5:37:21 PM
mdhi this is for Costco sales only
so to go with that a promo would prolly add 150 units a month so with out the promo we would have around 450 units a month through Costco so with that said here is a opionoin on sales
Just to do the math
selling 450 units a month. Cost of Medipendant prolly $40, they sell for $139.99. Thats $2000 a day 5 days a week. Shipping 22 days a month $44,000 gross profit a month. 70% retention after 6 months of free monitoring adds $450 -$500 additional profits each day. So in 30 days they have $15,000 more income than previous month and so on. This little company has turned the corner. this is all my opinion of course.
these are old numbers but here is what we have to go by.
reference source
http://biz.yahoo.com/e/130205/mdhi8-k.html
Quote:
First of all - It is important to outline the major retail success we have experienced over the past few months. Near the end of December of 2011 we announced that we would be offering our products on the website of one of the largest retailers in the country. This retailer, which is Costco, is one of the largest retailers not only in the states, but throughout the world - they currently have approximately 60,000,000 customers worldwide. Our relationship with this retailer has been very strong and sales are occurring on a daily basis. Customer return rates are very low and customer satisfaction is very high. We believe the relationship with this retailer remains very strong and we are certainly happy with what we have seen so far. We will soon start an additional promotional programs with Costco, which will involve both e-mail marketing and mailers to the Costco customer base . We conducted a similar promotion during November that produced sales of approximately 600 units for the company , but we are hoping to do even better on these two promotions.
reference source
http://biz.yahoo.com/e/130205/mdhi8-k.html
so to go with that a promo would prolly add 150 units a month so with out the promo we would have around 450 units a month through Costco so with that said here is a opionoin on sales
Just to do the math
selling 450 units a month. Cost of Medipendant prolly $40, they sell for $139.99. Thats $2000 a day 5 days a week. Shipping 22 days a month $44,000 gross profit a month. 70% retention after 6 months of free monitoring adds $450 -$500 additional profits each day. So in 30 days they have $15,000 more income than previous month and so on. This little company has turned the corner. this is all my opinion of course.
(0)
(0)Wearable Health Solutions, Inc (WHSI) Stock Research Links
Scroll down for more posts ▼