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| Main / Discussions / Only selling Foam Fingers Search Forum | |
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| posted: 2022-11-11 13:22:52 (ID: 100170304) Report Abuse | |
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Captain Jack wrote:
Certainly pricing makes a difference and, as Waky said, probably the type of match too. Although I have little (new) data to go on it does appear that there is a great increase in sales when prices are lower. The increased numbers means greater income even though prices are lower. Here are my recent stats showing sales, prices and SUM totals. 2022-11-11 01:01:45 9,900 Fanshop: sold 22 Helmets for $450 each 450 4455000 2022-11-11 01:01:45 6,250 Fanshop: sold 50 Player Jerseys for $125 each 125 781250 2022-11-11 01:01:45 12,960 Fanshop: sold 432 Cheerleader Calendars for $30 each 30 388800 SUM 6724850 2022-11-10 16:15:36 26,500 Fanshop: sold 212 Player Jerseys for $125 each 125 3312500 2022-11-10 16:15:36 39,570 Fanshop: sold 1319 Cheerleader Calendars for $30 each 30 1187100 2022-11-10 16:15:35 39,570 Fanshop: sold 1319 Foam Fingers for $30 each 30 1187100 2022-11-10 16:15:35 41,580 Fanshop: sold 1386 Shirts for $30 each 30 1247400 2022-11-10 16:15:35 19,600 Fanshop: sold 392 Footballs for $50 each 50 980000 2022-11-10 16:15:35 20,700 Fanshop: sold 46 Helmets for $450 each 450 9315000 SUM 17229100 2022-11-10 01:01:17 5,280 Fanshop: sold 132 Foam Fingers for $40 each 40 211200 2022-11-10 01:01:17 6,360 Fanshop: sold 159 Shirts for $40 each 40 254400 2022-11-10 01:01:17 7,020 Fanshop: sold 117 Footballs for $60 each 60 421200 2022-11-10 01:01:17 8,000 Fanshop: sold 16 Helmets for $500 each 500 4000000 2022-11-10 01:01:17 6,720 Fanshop: sold 42 Player Jerseys for $160 each 160 1075200 2022-11-10 01:01:17 7,720 Fanshop: sold 193 Cheerleader Calendars for $40 each 40 308800 SUM 23499900 Yes, the prices are much lower, but it sells a lot faster. I did a forecast with my sale prices and the price of purchase (i did purchase the maximum number for all the items) and it will be a profit of 8 mil, in probably 1 season. I will have to check, when my stock will be almost at the end, to calculate the time frame. |
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| posted: 2022-11-11 14:40:15 (ID: 100170307) Report Abuse | |
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Just some basic facts
Prices matter. If one item is above the roof, nothing would be sold. People are scared off. Gametypes matter, because of different count of visitors, and therefore different selling opportunities Your winstreak matters. Cool teams sell more And there is kind of a total budget. People spend mxa XY per gameday in total. The selling that happens away from gamedays as quite similar, just no visitor counting... |
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| posted: 2022-11-12 09:22:18 (ID: 100170316) Edits found: 1 Report Abuse | |
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Radu91 wrote:
Yes, the prices are much lower, but it sells a lot faster. I did a forecast with my sale prices and the price of purchase (i did purchase the maximum number for all the items) and it will be a profit of 8 mil, in probably 1 season. I will have to check, when my stock will be almost at the end, to calculate the time frame. For me it is not important how much do I sell, it is important how much do I net earn from those sellings. With lower prices you got more sales and it looks like you get more money (in economy page) but those more sales make you purchase fanshop items more often so you "lose" money bit quicker. So it is all up to balance between purchase price, selling price and profit that you make. And there is no way that fanshop will make you 8 millions in PROFIT per season. In total sales maybe you can make 8 millions. Profit at max can be like 3-3.5 millions. Last edited on 2022-11-12 09:24:14 by Dumbarajko |
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| posted: 2022-11-12 10:04:42 (ID: 100170317) Report Abuse | |
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For me it is not important how much do I sell, it is important how much do I net earn from those sellings.
With lower prices you got more sales and it looks like you get more money (in economy page) but those more sales make you purchase fanshop items more often so you "lose" money bit quicker. So it is all up to balance between purchase price, selling price and profit that you make. And there is no way that fanshop will make you 8 millions in PROFIT per season. In total sales maybe you can make 8 millions. Profit at max can be like 3-3.5 millions. Yes, i do sell the items much faster, but for example, if i parchased 100.000 foam fingers with the lowest price at 17$ and i sell them with 30$, the profit for that is 1.3 mil. And i did that math for all the items, because i purchased the maximum amount for all of them at the lowest price and based on the prices i am selling, it gives me 8 mil. But, like i said, i don't know the time frame. For example, i purchased the maximum amount of foam fingers on 13.10 and now almost one month later i have in stock 87.485 foam fingers left. So prabably all the items will be sold at the end of next season, i don't know, and if that is the case, then you are right and the profit will be 4 mil in 1 season. Best regards, Radu |
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| posted: 2022-11-12 10:30:28 (ID: 100170318) Report Abuse | |
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Radu91 wrote:
Yes, i do sell the items much faster, but for example, if i parchased 100.000 foam fingers with the lowest price at 17$ and i sell them with 30$, the profit for that is 1.3 mil. And i did that math for all the items, because i purchased the maximum amount for all of them at the lowest price and based on the prices i am selling, it gives me 8 mil. But, like i said, i don't know the time frame. For example, i purchased the maximum amount of foam fingers on 13.10 and now almost one month later i have in stock 87.485 foam fingers left. So prabably all the items will be sold at the end of next season, i don't know, and if that is the case, then you are right and the profit will be 4 mil in 1 season. Best regards, Radu Trust me, once you hit bank balance 50 millions you start counting every $ 
With a fanshop I have been in situation where my daily selling was 0 while I was trying to find what is best selling price for each item. So my excel sheets had a lot of math to do and I hope that they did it right  |
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| posted: 2022-11-12 12:51:53 (ID: 100170323) Report Abuse | |
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Trust me, once you hit bank balance 50 millions you start counting every $
With a fanshop I have been in situation where my daily selling was 0 while I was trying to find what is best selling price for each item. So my excel sheets had a lot of math to do and I hope that they did it right I'm not there yet (bank balance) but when i will be, definetely i will take into acount other things to & as far as the fan shop discussion, it only brings a small amount of cash, but it will not make us rich, compared to the mediacenter. |
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