Reply To: PAB

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Amanda Tucker
Amanda Tucker

Hey Max,

If the bamboo is the top seller – that is your target.

If you are only targeting sellers with lower volumes, it means that you could only get 50% of their low volumes.  It could be more, but how do you feel about selling 5 or 10 units a day?  (because no-one is currently selling more than 20 units per day at that price point).

If you put the unit sales, price, profit into the sales planner tool by month,  you can see how much revenue and profit you will make across a 12-month period (just estimate to build sales velocity over a 1-3 month period and be at your target units per day by Month-4).  Then you can decide if this product will contribute to your SMART goal if there is a better product that has more potential.