This means that each of Jim’s email subscribers is worth $3.00 in gross revenue.
This means that, in theory, if Jim wants to grow his india telegram phone number list online revenue to $60,000 per month, he will need to figure out how to get 20,000 email subscribers.
But, Jim can’t stop there.
He has to factor in his cost of goods sold so he knows how much he can spend to acquire an email subscriber.
So, let’s say that Jim spends $.50 on every flower he sells for $1.00.
This means that the better equation for Jim to use is:So, let’s do this math.
Jim sells $15,000 per month online in flowers.
He has 5,000 email subscribers.
This means that Jim earns $3.00 per month in gross revenues from each of his email subscribers.
But, Jim only keeps 50% of this.