Adam Lee, co-founder of Bohemian Guitars, breaks down unit sales volume for the 2015 calendar year.
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“We sold and shipped over 5000 units in 2015.”
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More from Adam Lee
Insight
Lee: Young founders should take more risks instead of saving early
“I wish I wasn't so caught up in saving for the future. I had, you know, my family moved here from South Africa, and we were so concerned about the future, and I, you know, took out life insurance policies for myself at early ages, and was putting money away th…”
Adam LeeJul 15, 2016▶ 18:51EP 356: $1M In Guitar Sales From CrowdFunding, Whats Next? With Adam Lee
AssertionNot checkable as stated
Lee: Bohemian Guitars produces its instruments for about $55 each
“Cost us about 55 dollars a guitar.”
Adam LeeJul 15, 2016▶ 2:35EP 356: $1M In Guitar Sales From CrowdFunding, Whats Next? With Adam Lee
AssertionNot checkable as stated
Lee: Bohemian Guitars generates 95% of sales via its website
“About 95% are coming through our website.”
Adam LeeJul 15, 2016▶ 2:45EP 356: $1M In Guitar Sales From CrowdFunding, Whats Next? With Adam Lee
Disclosure
Adam Lee: Bohemian Guitars 2015 revenue was just under $1M
“Twenty-fifteen revenue was just under a million.”
Adam LeeJul 15, 2016▶ 4:57EP 356: $1M In Guitar Sales From CrowdFunding, Whats Next? With Adam Lee
Disclosure
Adam Lee: Bohemian Guitars raised over $325K on Indiegogo for ukulele
“So we launched a ukulele on Indiegogo last September, and we sold about 2200 units raising over 325,000 dollars.”
Adam LeeJul 15, 2016▶ 5:06EP 356: $1M In Guitar Sales From CrowdFunding, Whats Next? With Adam Lee
“We do fairly well at driving traffic to our own sites at this point, so if we can do some sort of pre-order campaign using Tilt on our own website where we're hosting it not necessarily losing out on those fees to other crowdfunding platforms, I think that's p…”
Adam LeeJul 15, 2016▶ 14:45EP 356: $1M In Guitar Sales From CrowdFunding, Whats Next? With Adam Lee
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