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Tanner Larsson – Ecom Insider
- ADVERTISING SPEND CALCULATOR – This calculator will help you determine how much you can actually afford to spend on your advertising based on the product(s) you are selling and whether or not you are using a sales funnel. Enter your data and it will calculate the Max CPC, CPM and CPA you can afford.
- CONVERSION METRICS CALCULATOR -When you enter your information into this calculator it will tell you what your actual conversion metrics are through your entire funnel as well as calculating lead costs, earnings per click and your average customer value at each step of your sales process.
- FREE+SHIPPING CALCULATOR – Free+Shipping is a tricky type of offer to dial in and run profitably. This calculator does all the heavy lifting and gives you all the numbers, metrics and ratios you need to determine how best to optimize your free+shipping offer.
- LEAD GENERATION BREAK EVEN CALCULATOR – This calculator takes the guesswork out of using paid media to build your prospect list. Enter your list details and your offer details and the calculator will tell you exactly how much you can afford to spend to acquire a prospect lead.
- PRODUCT EVALUATION & PROFITABILITY CALCULATOR – This calculator will help you weed out the products that are not worth it. After filling out the requested fields with the products information you will be able to immediately determine if a prospective product is worth your money and time.
- PRODUCT PRICING CALCULATOR – This calculator will help you ensure that your products are always priced correctly in the marketplace and that with that pricing you also know exactly what your gross, working and net profit margins are.
- BUSINESS SCALING CALCULATOR – Exponential growth can be very exciting, but it can also potentially put you out of business if you aren’t aware of all the additional costs. This calculator will help you avoid the hidden costs that you need to be aware of and have a plan for dealing with.
- PRODUCT RE-ORDER CALCULATOR – This calculator will determine your product run rate, and production lead times to tell you when you need to place your product re-orders to avoid running out of stock.
- WAREHOUSE INVENTORY TRACKER – This tool will keep track of all the product you currently have in inventory (you should track this even if you use 3rd party or FBA fulfillment) as well as when you need to re-order, the inventory valuation and how much money you have tied up in inventory.
I shared these calculators with my Black Label Mastermind Members and I was blown
away by how many of these 7 and 8 figure businesses were not tracking this data.
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