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Electric Styles

10 statements across 1 episodes · 4 bullish · 0 bearish · 2 people on the record · first statement Feb 25, 2016 by Nick Kneuper · said 7 times in 1 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (7)

tap a year for its mentions
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2016 7 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Electric Styles, oldest first

Feb 25, 2016 bullish
Assertion Not checkable as stated
Electric Styles surpasses 100,000 units sold across 65,000 customers
“I think we just broke our a 100,000 units sold mark. That's about, yeah, 65,000 customers that we've sold to.”
Nick Kneuper Feb 25, 2016 ▶ 3:12 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016
Assertion Not checkable as stated
Kneuper: Electric Styles sold 5,000 to 7,000 light-up hoodies in a year
“Over the past 12 months, we've probably sold I'd say five to 7000.”
Nick Kneuper Feb 25, 2016 ▶ 7:09 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016
Disclosure
Electric Styles generated 65% of sales on marketplaces in first two years
“For the first two years, it was like, you know, 65, 35. Like, we were, it was definitely, the 65 was marketplaces, right? And the 35 was their website.”
Nick Kneuper Feb 25, 2016 ▶ 13:13 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016 positive
Assertion Contradicted
Latka: Electric Styles was recently valued well over $10M
“The company was recently valued at well over ten million dollars.”
Nathan Latka Feb 25, 2016 ▶ 1:07 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016 bullish
Disclosure
Electric Styles direct website sales are beginning to surpass marketplaces
“But now it's actually started to trend to back towards that fifty-fifty mark, and now our website's starting to surpass these online marketplaces”
Nick Kneuper Feb 25, 2016 ▶ 13:54 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016
Assertion Contradicted
Kneuper: Facebook cost per click was 10 to 15 cents in 2012–2013
“In 2012, or, and going into 2013, Facebook, like, cost per click, Like, driving a click to your website, you get that for 10 or 15 cents. Like, you can't get that anymore.”
Nick Kneuper Feb 25, 2016 ▶ 9:40 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016
Assertion Not checkable as stated
Kneuper: Electric Styles customer acquisition cost is $6 to $7
“So generally we spend about 15% of the product overall our whole business and our whole product line. So we end up spending about six to seven dollars to acquire a customer.”
Nick Kneuper Feb 25, 2016 ▶ 6:38 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016
Disclosure
Electric Styles spends around $10,000 monthly on Facebook ads
“I'd say probably around 10,000 dollars.”
Nick Kneuper Feb 25, 2016 ▶ 10:29 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016
Assertion Not checkable as stated
Kneuper: Electric Styles landed hoodie cost is $17 to $20
“So a light up hoodie costs us around 17 to 20 dollars to get here, landed.”
Nick Kneuper Feb 25, 2016 ▶ 4:51 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
Feb 25, 2016 bullish
Assertion Not checkable as stated
Electric Styles did $1.25M in revenue and paces toward $2.5M
“Last year we did 1.25 million dollars, and this year we're on track for about two and a half months.”
Nick Kneuper Feb 25, 2016 ▶ 3:22 From Student to $10m Entrepreneur with Nick Kneuper of Electric Threads Ep 4
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