Let's take an example...
Jim's Online Flowers averages $30,000 in sales per month online.
Jim notes that his investments in e-commerce email marketing average $15,000 per month.
Jim also knows that he has 5,000 email middle east mobile number list subscribers who receive his ecommerce marketing emails every month.
This means that each of Jim's newsletter subscribers is worth $3.00 in gross revenue.
if Jim wanted to increase his online revenue to $60,000 a month, he would have to figure out how to get 20,000 email subscribers.
But Jim can't stop there.
You need to consider the cost of goods sold to know how much you can spend to acquire a subscriber to your newsletter.
Suppose Jim spends $50 for each flower he sells for $1.00.
This means that the best equation Jim can use is:
(Monthly email revenue as a channel divided by number of email subscribers) * Gross profit = Monthly net revenue per email subscriber.
Net monthly revenue per email subscriber
So, let's do these calculations.
Jim sells $15,000 worth of flowers online a month.