- Thread starter
- #61
2nd @Vigilante .
Cash flow is everything. No reason to have inventory for a year if you're bootstrapping and you have one product.
For last six weeks of the year, plan for 2x normal sales. 3x if your product is "gifty".
Thanks. Asking you the same question, based on your experience, how many months of inventory is appropriate? 6 months?
The inventory and turn around changes depending on what I estimate my daily sales rate will be.
If the last 6 weeks ends up being 2x-3x (my product would make a decent gift actually), I could see myself hitting 20-30 sales/day for that time. In which case, I guess it wouldn't be ridiculous to have 1000 units get sold purely during the holidays.
If it's not workable, your suggestion is to find another supplier? They're pretty good, have always been up front with me, and currently my product is custom it would mean starting over with everything for that part.
EDIT: There is risk it won't get here in time for the holidays. So earlier the better I make an order if I'm going to do it.
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