Steals.com

“On average, we will make two dollars. Once you take out all the friction costs, it's two dollars. Which, by the way, in e-commerce is, yeah, it's relatively impressive for e-commerce because, you know, most e-coms at scale are splitting pennies, right?”

“So last year I did not make money at all.”

“I'm valuing the company right now at about one times revenue, which I think is extremely reasonable.”

“We've done almost, almost seventy six million in revenues, top line revenues since we started.”

“We do a bit of a mixture right now where sometime, you know, I would say about half the time and in our eight years, it's been a hundred percent. We take on the inventory, but since August of last year, we've been testing a little bit of a different strategy”

“Yeah, it's 50, it's 55% of our revenues. Is our email channel. And we send, we're sending, though, thirteen million a month in total.”

“Right now, my forecast shows us flat year to year, so we'll do another eight million this year. If I get an influx of capital from a really smart investor that believes in my business as much as I do.”

“We have a much better margin on our scrapbook steel site that just sells paper, right? Exactly. And so that, that's a, we get a lot better margin on that site, mainly because partially our friction costs aren't as high, are because most of the scrapbooking bra…”

“I mean, you know, we're doing eight million in revenue right now, but I'm in a building that I could, I do not need to spend one more dime to sell three times the amount. Yeah, so I could get to, in this building alone, I could get to about twenty-four million…”

“I've spent less than four percent on of top lane revenue on marketing ever, and that is including my email channel, which you can't be in e-commerce without sending daily emails.”