Why I don’t doubt that we will invoice > 1 million euros (net) on Amazon

2024 will be a good year for us. 2023 has already been a good year, but the next 11.5 months will take us to the next level. It is not normal to grow at this rate for an e-commerce company, but we have been preparing for it for the last 7 years and our time has come.

We will break the magic barrier of 1 million

It’s a magic barrier for us. To do this, we’ll have malaysia whatsapp number data to be at around 1.3 million euros of gross turnover. When someone on social media shows you a screen with what they’re billing, it’s always the figure with VAT and without having subtracted all the commissions. If you subtract 25%, you have more or less the figure that Amazon pays you. Then you have 19-21% that you also have to subtract. When I talk about net turnover, I’m subtracting the VAT (not the Amazon commissions) from the equation. Billing seven figures doesn’t make you rich, and even less so if you’re a company with recurring monthly costs like us.

 

We will break the 100k monthly barrier with our own brand

This December (2023) we were at 36k. In 2024 I want to reach design and hypothesis formulation: a key to valid scientific research another magic number. In this case it would be six figures to surpass that goal with our first own brand. We already have the right products and our way of adding new products to the catalogue has been the most meticulous in years. We are making good decisions.

Biggest challenge: bank financing

To reach these figures we will need bank financing. There are alb directory no ways to finance the necessary stock without jumping through hoops. This is the only thing that could hold us back. I already have a strategy in place for this. I am optimistic that we will succeed.

This year is different. We still have many top sellers that we have been looking after for years. Products continue to sell and new ones are added. That is the whole secret that we have not managed before. In theory it is not so complicated. But it is always easy to say once you see it working. It is still early, we cannot be at all restless or calm yet.

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