Nathan Rothstein, co-founder of Project Repat, discusses the company's shift toward paid Facebook ads as its primary customer acquisition channel.
0:00 / 0:06exact quote · 6.3s
720p mp4 · rendered on demand · StarZero watermark
“So, so last year in, in total we spent about 750,000 dollars on Facebook.”
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More from Nathan Rothstein
AssertionSupported
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…”
Nathan RothsteinMar 6, 2016▶ 10:16He Made $750k in November, 2015 From Tee Shirt Quilts in Episode 189 with Nathan Rothstein
AssertionNot checkable as stated
Project Repat earns a 35% to 45% profit margin per quilt
“Sure, so we, so the cost is, I mean, basically each, for each quilt we're making between 35 and 45%.”
Nathan RothsteinMar 6, 2016▶ 5:27He Made $750k in November, 2015 From Tee Shirt Quilts in Episode 189 with Nathan Rothstein
AssertionNot checkable as stated
Project Repat produced roughly 4,000 quilts in December 2015
“So we made about a thousand quilts a week. And so about 4000 quilts.”
Nathan RothsteinMar 6, 2016▶ 6:04He Made $750k in November, 2015 From Tee Shirt Quilts in Episode 189 with Nathan Rothstein
AssertionNot checkable as stated
Project Repat generated $750,000 in revenue during November 2015
“Our biggest month was November. We did about 750,000 in revenue.”
Nathan RothsteinMar 6, 2016▶ 6:45He Made $750k in November, 2015 From Tee Shirt Quilts in Episode 189 with Nathan Rothstein
Disclosure
Project Repat targeted $7.5 million in total revenue for 2016
“Our goal is about seven and a half million.”
Nathan RothsteinMar 6, 2016▶ 7:12He Made $750k in November, 2015 From Tee Shirt Quilts in Episode 189 with Nathan Rothstein
Disclosure
Project Repat operates with two founders and one part-time employee
“My business partner and I run the business with one part-time employee, and then we work with textile manufacturers on a daily basis, but we contract out the work. And so we don't pay for production until after the product ships.”
Nathan RothsteinMar 6, 2016▶ 7:57He Made $750k in November, 2015 From Tee Shirt Quilts in Episode 189 with Nathan Rothstein
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