Going to give a little bit of insight into how this startup is doing. Which I believe is not bad and things should start to turn around now.
| Week(from-to-dates) | Visits | % Change to last week |
| Week 9 (27-2 to 5-3) | 295 | -- |
| Week 10 (6-3 to 12-3) | 170 | -42% |
| Week 11 (13-3 to 19-3) | 589 | +346% (online campaign started) |
| Week 12 (20-3 to 26-3) | | |
| Week 13 (27-3 to 2-4) | | |
Finances
| Week | Incoming | Outgoing | Difference |
| Week 9 (27-2 to 5-3) | 301,10 | 1.013,73 | -712,63 |
| Week 10 (6-3 to 12-3) | 253,60 | 307,70 | -54,10 |
| Week 11 (13-3 to 19-3) | 249,65 | 381,25 | -131,60 |
| Week 12 (20-3 to 26-3) | | | |
| Week 13 (27-3 to 2-4) | | | |
The outgoing each month will be a steady 105,73 for standard costs (Webhosting/Domain/Internet/Advertising), which is not very high. Above this the main cost will be investing in stock. We are missing out on a lot of sales at the moment due to not having enough items in stock. Out conversion rate on the website is currently very low and would be much higher with a better stock.
Big events coming up:
- Buying products for sale: Begin of April, currently set at 930 euro.
- Three days event in The Netherlands: 15th, 16th and 17th of April, expecting a revenue of roughly 600 to 800 in those 3 days, but mostly used for advertising our website.
This website/company can turn profitable in a very short amount of time, the main factor is having items for sale, for which I am looking for an investor. I am expecting week 12 (this week) to be the first profitable week in the company.
If no real interest will come from an investor in the next few weeks, then this offer will also pass over. As soon as the revenue stream in consistent I will be able to get a standard loan from the bank for the company. But the bank requires the company to be atleast 3 months old, which is the reason why I have not yet taken that step.