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Average daily number of orders?
olimits7




msg:3944166
 4:29 pm on Jul 1, 2009 (gmt 0)

Hi,

I was just wondering what is everyone's average daily number of orders?

I know all different niches will have a different number specific to their industry, but just interested in this stat.

My sales have slowed down drastically. I don't know what the cause of this is; if it's the economy, summer, more competitors, etc... I'm currently at 4-5 daily orders on average.

olimits7

 

Digmen1




msg:3944387
 10:10 pm on Jul 1, 2009 (gmt 0)

Our website is new and our product is new and unique and we are only getting one order a week !
So we think that we need to get our product seen more.
But finding ways to do this is very hard.
We would love 4 or 5 orders a day !

dickbaker




msg:3944395
 10:35 pm on Jul 1, 2009 (gmt 0)

My short-term goal has been to average four orders or better a day, and I've achieved that. With the profit margins being what they are, that profit combined with advertising profits gives a decent middle class income.

Longer term I'd like to see perhaps 20 orders a day. At that I could afford to hire a helper and live a little better.

dpd1




msg:3945276
 2:11 am on Jul 3, 2009 (gmt 0)

1-2 orders a day with some multi orders thrown in, for us is good. But we have a decent profit margin average. I don't know if much can be learned by hearing people's numbers, because it varies so greatly by how much stuff you sell, what you sell and so on... But it has been very slow the last couple weeks. I noticed numerous forums are deader than dead. Not sure why. We're down at least 1/3 from last year at this time.

Digmen... If I was you, I'd focus on a campaign aiming at multiple sales with the custom printing to businesses. I think that's where you might do OK. But that would take a traditional sales effort. Either that, or maybe think about new models with a gimmick of some sort.

pbradish




msg:3945947
 10:20 pm on Jul 3, 2009 (gmt 0)

I would say between 50-100 orders per day.

cfx211




msg:3946182
 4:20 pm on Jul 4, 2009 (gmt 0)

100-150 new orders a day. About 500-750 recharges a day.

dickbaker




msg:3946284
 9:48 pm on Jul 4, 2009 (gmt 0)

Are we allowed to say what our average profit is on an order?

TheGrid




msg:3956156
 10:35 pm on Jul 20, 2009 (gmt 0)

Business is down definitely than last year. Plus if you get x order without knowing the industry segment, it's not going to help much. There are sites which sell the same products as we do, but sell it for far lower margines. They may make more sales but is it worth breaking you back. It's individual choice.

ponyboy96




msg:3956701
 5:22 pm on Jul 21, 2009 (gmt 0)

2-3 orders per month has been my average. But its a new site (3 months old) and I am still trying to get products up. It's been very slow going.

Digmen1




msg:3956770
 7:08 pm on Jul 21, 2009 (gmt 0)

Yes it would help if posters gave an approx idea of the value of their orders, eg the last poster 2 - 3 orders a month of a $10 product is not very good - but if its a $10,000 item then that's a whole lot better.

Going back to my post, our product is under $10.00, so 1 or 2 sales from Facebook is very poor. (So I need to do a lot more work)

Digmen1




msg:3956771
 7:10 pm on Jul 21, 2009 (gmt 0)

Yes it would help if posters gave an approx idea of the value of their orders, eg the last poster 2 - 3 orders a month of a $10 product is not very good - but if its a $10,000 item then that's a whole lot better.

Going back to my post, our product is under $10.00, so 1 or 2 sales from Facebook is very poor. (So I need to do a lot more work)

dickbaker




msg:3956888
 10:33 pm on Jul 21, 2009 (gmt 0)

Since no moderator has said there's a prohibition on talking about profits, I guess I'll start.

Most items on my site run about $200 to $300. My profit is usually in the $25 to $30 area. My short-term goal has been to average four sales per day, which gives me $3000 net profit per month. With the other revenues the site brings in, that provides a decent income.

I hope to expand the site significantly next year, and would like to reach the point where I can have employees. Then I can take a vacation. ;)

ponyboy96




msg:3960265
 1:48 pm on Jul 27, 2009 (gmt 0)

Ok, from my original post, 2-3 orders per month with an average order of about $250. I have an 8-20% mark-up per item depending on market prices and or MAP. Products that I sell can range from $10 to $10,000.

I actually lose money on some items just to be competitive on pricing. Some of the bigger boys out there get much better deals from manufactures and sell below what I can get the item for.

So far, it's been hard to make a buck. But this is something that ties into a hobby for me and I enjoy it.

viriya




msg:3960921
 10:16 am on Jul 28, 2009 (gmt 0)

240 new order daily + 100 recharges, average $50to60/order

WolfLover




msg:3962068
 10:13 pm on Jul 29, 2009 (gmt 0)

These days 0-4 orders per day. Used to be 10 a day. Products vary widely in price but average sale is probably around 75 dollars, of which about $25 is profit, but like I said it varies greatly.

I have other sources of income with my sites, and make more with that than the actual sales these days.

Just curious about a couple of posters above, what are recharges?

HugeNerd




msg:3962081
 10:40 pm on Jul 29, 2009 (gmt 0)

~10/day on 5 smaller niche sites (2 apiece), generally single item sales
~20/day main site, usually with 3-5 items
~1/day on Amazon, though huge swings are seen here. My newest sales channel.
Average item value =~$50

This year it's been 33.33% gross profit; 35.95% month-to-date.

Just curious about a couple of posters above, what are recharges?

I think they are, most likely, referring to subscription fees, membership dues, or other ongoing service payments.

tkwg




msg:3966703
 6:38 am on Aug 6, 2009 (gmt 0)

"Most items on my site run about $200 to $300. My profit is usually in the $25 to $30 area"

I know nothing about what you are selling, but if it's retail than I have a feeling you are undercutting your competition pretty severely. If you are interested in actually maintaining a healthy profit margin (and not putting everyone else out of business in your sector) you may want to think about increasing your margins a bit. Again though I know nothing about what you're selling, but I do know the web is exploding with sub-retail sites full of people just looking to get business at whatever price to there entire industry. Price wars will only benefit the consumer in the end. Not you and your own.

dickbaker




msg:3967346
 9:43 pm on Aug 6, 2009 (gmt 0)

tkwg, I wish I could say that I was undercutting the competition severely.

In my niche, the markup in brick and mortar stores is usually 10-15%. The ones that go 20% or more are the subject of complaints on internet forums for being "thieves."

On the internet, many of the established retailers are working on margins of 10% or less. Then there's the people who do this at night, and have margins of 5% or less.

dpd1




msg:3967356
 9:59 pm on Aug 6, 2009 (gmt 0)

In my niche, the markup in brick and mortar stores is usually 10-15%. The ones that go 20% or more are the subject of complaints on internet forums for being "thieves."

Don't you love that? I see that stuff all the time and it infuriates me. People don't like some little thing about somebody's business... So instead of just showing them by spending their money somewhere else, they instead launch some sort of bizarre campaign against the people, to try and ruin them. I had a guy do that to me a while back... Bought one thing and asked if he could get a discount. I have no reason why he thought he deserved a discount, but I guess he thought he was special. I politely explained we couldn't do that. So he goes on a forum and starts talking trash about us. If he bought something from Amazon, I'm pretty sure he wouldn't email them and ask for a discount. Mainly because he knows they'd just laugh at him. So I'm not sure why it's supposed to be different for people who are about .01% the size of Amazon. I also like the people that say stuff like... "Oh, well I guess they don't need the sale in these difficult times, otherwise they'd sell it to me for the price I want". I'm sure those people would be really happy if their boss walked in and told them... 'Hey, I think you should work for less money all this week, because it's really difficult times out there, so if you really want your job, you'll do it.' Everybody loves being extorted.

dickbaker




msg:3967802
 3:43 pm on Aug 7, 2009 (gmt 0)

dpd1, I don't want to get too far off thread, but just wanted to say that I get that a lot. I had a guy call the other day to order. He said my price was one of the best he'd found. He then asked if he could get a discount. I said, "if my price is already one of the lowest you've found, don't you think that means that I've priced the item as low as I can?'

As for people complaining on forums, I saw one online retailer in my niche play the situation beautifully. Someone on a niche-related forum started a thread to complain about a problem with an order. The owner of the online store registered as a member of the forum under the name example.com (ie his website address), and addressed the customer's complaint. Other members started asking questions, and the owner logged on every night to answer questions. Soon people were talking about how great example.com's service was. Free advertising, and all of it word of mouth. Brilliant.

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