Project Repat earns a 35% to 45% profit margin per quilt
Nathan Rothstein · He Made $750k in November, 2015 From Tee Shirt Quilts in Episode 189 with Nathan Rothstein · Mar 6, 2016 · at 5:27
Nathan Rothstein, co-founder of Project Repat, discusses unit economics and profit margins on custom t-shirt quilts with host Nathan Latka.
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“Sure, so we, so the cost is, I mean, basically each, for each quilt we're making between 35 and 45%.”
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More from Nathan Rothstein
A zero-fee Groupon feature generated $100,000 in a week for Project Repat
“So beginning of August, 2012 with little money left, we were able to get Groupon to feature us and to push us national and not take a percentage because we were a social good business, and so and then we sold 2000 quilts in, in a week, and so that put a 100,00…”
Project Repat produced roughly 4,000 quilts in December 2015
“So we made about a thousand quilts a week. And so about 4000 quilts.”
Project Repat generated $750,000 in revenue during November 2015
“Our biggest month was November. We did about 750,000 in revenue.”
Project Repat targeted $7.5 million in total revenue for 2016
“Our goal is about seven and a half million.”