Sam Eitzen
๐ค SpeakerAppearances Over Time
Podcast Appearances
with no marketing spend other than like amateur PR.
Yeah.
We launched the website on March 19th.
So it was from March 19th to May 19th through, yeah.
Way higher.
So our gross product margin is about 40%.
Net business margin is maybe 5% because we're very new at this.
And I'm sure we're relatively inefficient in some ways.
Whereas when we were running a photo booth company, our product margins were 300%, maybe more.
I mean, it varied about between 200 and 400,000 a month.
Yeah, like I said, very, very high.
I mean, product margin was like 300%.
Net business, I think we were at basically 33% to 40% net business margin.
Yeah.
CES just announced three minutes ago that they're canceling for 2021.
Right.
I mean, you don't want to be liable, but you also don't want to be irresponsible in spreading this thing.
And while there's so many things that are unknown and there are ways to put on safe events, and I'm a huge proponent of that because I'd love for my industry to come back.
I don't want the virus to spread.
So it's a hard position to be in.