Forum Moderators: buckworks
On another, slightly related note .... I know of one case where a person takes out a £3k loan every year just for Christmas, then pays it off in time for the next Christmas when she repeats the process. Little wonder things go quiet in the first quarter. ;-)
But - to answer the original post, this XMAS is pretty much like last XMAS, no better no worse, and maybe a little better, but not as much as I would have thought.
At this point our website that has been active for over 2 years and sells our 1st quality goods is up about 3%. That could change by Tuesday though.
We opened a factory outlet on ebay about 3 weeks ago to move our seconds and closeouts. That site has done about 20% of the gross of our main site. Of course it is just to get cash flow and turn our junk.
Our Brick & Mortar B2B sales though are the champ for the first time in almost 18 months with 50% growth. Thank God for the cheap USA dollar...:)
So im a touch skint to say the least. Oh well.
Over all yes excellent time made more money than I ever thought possible.
Things I got wrong this year;
Shipping costs
Packing cost
Relying on unreliable suppliers
Corrected the first two but im stuck with the third - Ill just hold a higher stock level.
Things to do this year;
Expand website product range.
Start another site!
Have a good new year all.