My shopify journey (17)

I was finding it very difficult to keep track of earnings. So I made a spread sheet for this product

that I'm running to calculate my profit. I just enter in how many were sold and how much I spent

on ads. I have it calculate the daily and the to date amount.

It is a rough estimate as the cad to usd conversion rate changes. And I don't know what the

conversion rate will be when I convert it.

March 6- March 11:

Units sold of that 1 product :59

Revenue USD : 1187.05

Shopify transaction fees USD: 52.12

Profit : 1134.92 USD

Profit : 1475.40 CAD

COGS(cost of goods) CAD: 171.1

Cost of ads CAD: 597.54

Total expenses CAD :768:64

NET PROFIT:706.76 CAD
Not bad for 6 days. At my old part time job, it would take

me 2 months to get that much.

Get started with Shopify for FREE! No credit card required!

此博客中的热门博文

My shopify journey (21)

UPDATE: So its been going great with this new product. First day launch I had $400 in sales. Day 2 of new product(yesterday): 1370 TODAY: I launched a new store to have as a backup and to be run on another backup ad account. I launched ads for it aswell. NEW STORE: If you want start shopify, you can click here : S hopify unlimited days trial. MAIN STORE TODAY Right on 100 orders today on that store! TOTAL TODAY $2,673.25 Im at a qaurter of my daily goal. I hope to hit it my goal by Friday, or sometime on the weekend. Next update will be at 10k a day Todays my birthday too. Perfect timing as I'll have even more cash flow now. Get started with Shopify for FREE! No credit card required!

阅读全文

My shopify journey (22)

Update : So I launched a product about 48 hours ago and it's going great. First day sales: So this was the first 24 hours of launch. Profits were pretty bad, maybe 20-30 cad. But that's expected. Now the next day it only spent abit more money but had double the sales. Because it optimized. If you want start shopify, you can click here : S hopify unlimited days trial. Day 2 of launch (today) So today the profits were great! About 36 percent of this is profit which is great considering I'm only accepting credit card and not paypal . Time to scale and launch more ads. So I'm really excited for this product. I've learned from my previous products as I made mistakes each time when it came to scaling whether it be using copyright content, using ppe ads, and not budgeting properly. This time everything should go much smoother and I think I'll be able to hit 10k a day with it! I'm also considering buying some insta shoutouts ju

阅读全文

My Shopify journey

搜索此博客