The Ledger
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GoSun projects passing 100,000 unique customers by end of 2021
“I think it's going to be over a hundred K.”
GoSun achieves 70% gross margins on $15 portable flatware kits
“Actually it might be more like 70% because something like this, like we have such a volume on something like this tiny amount of plastic, amazing little, these are like four bucks and we charge like 15. So that's a healthy gross margin.”
GoSun achieved over 3x ROAS on $300K ad spend in 2020
“We spent around 300 K in 2020, and that generated about one million in revenue. So we get about a three, a little over three return on ad spend.”
GoSun averaged $400,000 in presales across nine separate crowdfunding launches
“Oh, nine. And we've done most of them on crowdfunding, Indiegogo, and Kickstarter. And they've all been successful. The average is somewhere around 400,000 dollars in, in pre-sales.”
GoSun reached 50,000 customers and 250,000 email subscribers
“We have about we have about 50,000 customers and our emails are, you know, a couple, about a quarter million. Our sort of social following is about a quarter million.”
GoSun gathered 100,000 email addresses by attending two trade shows per month
“I mean, we went to like two trade shows a month there for a while, and we always focused on, hey, please give us your email. You'd have an iPad or something to sign up, drop your business card in, whatever. We got, you know, we must have got a 100,000 emails t…”
GoSun raised $1.5 million across two equity crowdfunding rounds
“And then we've done two equity crowd fund raises as well. And those have brought in about one and a half million in capital.”
Three billion people globally still cook with wood and charcoal every day
“There's a part of our business that's about social entrepreneurship, and we're trying to bring our technology to three billion people in the world that still cook with wood and charcoal every day.”
GoSun has shipped 40,000 wallet-sized portable utensil sets
“We shipped like, we shipped 40,000 of these.”