Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Mike Gazzola--You Can Never Have Enough Inventory #3300

  • Broadcast in Finance
Financial Survival Network

Financial Survival Network

×  

Follow This Show

If you liked this show, you should follow Financial Survival Network.
h:215903
s:9558769
archived

Status Report as of: October 20, 2016

Date business started: January 27, 2016 

Total sales to date: $462,718

Total units to date: 13021

Yesterday's sales  $3021

30 day sales: $81,608

30 day unit sales: 2501

Current Number of Products: 7

Current Number of Listings 11

---------------------------------------------------------------

Sales at Mike and Matt's Amazon Store are still extremely strong, despite the fact that they've ran out of inventory on their two hottest items. But these are good problems to have. After all, they're selling three times more products than they expected. So while they've lost thousands in sales, in a way they've become a victim of their own success. But not to worry, they have over $500,000 of inventory on hand and this problem will never happen again. 

Facebook comments

Available when logged-in to Facebook and if Targeting Cookies are enabled