October turned out to be a very good month after all. With a strong run in the last week we push well past $100k in revenue. The next thing I focused on was Black Friday. We ended up running a couple black Friday sales and they did not convert as well as I thought they would. However, Cyber Monday turned out to be a very good day. November turned out to be a decent month. Amazon sales are growing very fast. Ebay sales are non-existent.
We are into the busy Christmas season now. I had a couple huge shipments arrive from overseas. In fact, I even shipped some by air so they would get here in time. That get’s expensive as each box costs about $200 to ship here and only contains 10 products. That adds $20 to the cost of each product. But it is still well worth it.
With all the inventory in the warehouse now, it looks like I really need more room. I put an offer in last week for the space next to us. If accepted my total office area would become 4,000 sf, which is huge! For 2013 I have a couple goals in expansion. I want to do more Amazon and wholesaling to brick and mortar. If that works out I will need that space next door and a forklift!
Also in 2013 I have another new business that I’m going to start up. I have to do it next year. I feel like I took 2012 off in terms of growth, so I will push in 2013 to launch something new.