Money Experiment Update
Just quick update on the money experiment.
I have found and ordered my product. I was able to purchaswe 14 units for a total of $52 including shipping. I actually bought 2 very similar products.
Based on the $52 investment, the cost per unit is about $3.71.
I am hoping to sell the products for $7 and $9. Again I have 7 or each for a total of 14.
Estimated revenue, assuming I get the prices listed above are as follows.
7 units of product A = 7 units * $7 = $49
7 units of product B = 7 units * $9 = $63
Total revenues of $112 – $52 cost = $60 profit. Hopefully, this will hold true and I will double my money. I’m going to be realistic though, at the end of the month, I might have $52 worth of product remaining. HA!
