Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
quote:
Originally posted by Donna Corsa GSi
Daimo ur maths is shit 
I added a zero on the damn calculator to £1733316
Dammit Good job im not an accountant.
Whats wrong with your laptop again?
|
Donna Corsa GSi
Registered: 1st Jan 70
User status: Offline
|
Yeah yeah excuses excuses
What laptop 
|
Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
|
not everyone turns this over , but thin of it the average set of wheels are now 1k a bodykit 1k etc
i love people who comment on things , they dont knwo about bigger companies like RTEC etc easily turn over 50k plus a week
|
Donna Corsa GSi
Registered: 1st Jan 70
User status: Offline
|
I think im in just a good a position to comment then what you are
Turnover means bugger all, its net profit thats important.
|
Ty_Harris
Member
Registered: 29th Sep 03
Location: Milton Keynes
User status: Offline
|
|
Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
|
hence why i said some people , i know u used to / still do PVD accounts
why u in better postion , i run my own compnay and do my own accounts
|
M2RTY
Member
Registered: 25th May 01
User status: Offline
|
quote:
Originally posted by Tom D
@ 100k being fuck all when it's to do with car modding
whats so funny?
how much do u think a years advertising costs?
|
Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
|
a very reputable compnay i deal with and know the owner very well has advertising costs of 52k per month.
|
Daimo B
Member
Registered: 20th Mar 00
User status: Offline
|
quote:
Originally posted by Scott
hence why i said some people , i know u used to / still do PVD accounts
why u in better postion , i run my own compnay and do my own accounts
Think Donna does the accounts for about 50 companies
AS you can tell, i dont do any,
i'll stick to PC's.
|
antscorsa
Member
Registered: 11th Aug 02
Location: london
User status: Offline
|
is jets new astra actaully driveable cos b shame if u coulnt see it on the road, got such nice road presence, like scott sed he had definetly stepped up the level of modding
[Edited on 01-12-2003 by antscorsa]
|
Donna Corsa GSi
Registered: 1st Jan 70
User status: Offline
|
Because im a management accountant and deal with quite a few companies in the modified car industry. Ive also spoken to Jamie a couple of times on the growth of his company.
And I never said I was in a better position I said as good as a position.
Ive done PVD's book keeping for the last 3 years and their accounts for the last 2 years.
A well branded company doesn't need to spend excessive amounts on advertising once it is well established.
|
M2RTY
Member
Registered: 25th May 01
User status: Offline
|
quote:
Originally posted by Scott
a very reputable compnay i deal with and know the owner very well has advertising costs of 52k per month.
agreed, and look what they have to show (tangible wise)
a 100k astra will get.....
6/7 page mag feature AND front cover
several smaller pics throught the year in all sorts of mags
100s of pics of it all over the internet
several pages of discussions like this
sponsorships for wheels,ICE, other bits and improve inter-company relations
pictures of the car in adverts for the companies who suplied wheels, ice etc
possible feature on free DVDs/posters etc with mags
several awards all over the world for best car/ice etc
possible 4/5/6 page features in foreign mags
attracting huge crouds at 20 or so events across the country per year
this will brobs last for 2 years at the speed of the modded car industry these days
now, go and price me up other ways of advertising this company to drum up the same amount of publicity as above and i BET you any money is miles more then 100k, find me the privce of a 1/2 page add in just 1 issue of MAX, REVS etc and u'll see exactly what im on about
PLUS he has one hell of a car at the end of it to sell/keep woth 20k or so
[Edited on 01-12-2003 by M2RV H]
|
Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
|
i read it wrong when u said u were in better position.
if you do for a number of companies you shoudl know the sales of a decenly sized compnay are very very high.
|
Donna Corsa GSi
Registered: 1st Jan 70
User status: Offline
|
50 companies I wish loads more then that  Plus im accounts manager for a company with a multi-million pound turnover.
|
antscorsa
Member
Registered: 11th Aug 02
Location: london
User status: Offline
|
MARV got a good point, the car is gona b in very magazine. CARISMA must b in a god position cos they never advertise but every1 knows and uses them when spending big bucks on there own car.
|
Donna Corsa GSi
Registered: 1st Jan 70
User status: Offline
|
Yup I do know that their turnovers are very high I also know that if they are only offering a product their net profit is shit.
|
Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
|
dont matter who you are accountant for all im saying is , if you work in the modded car industry or work for them in the way you do, you will know what the sales are like . you cant buy a set of 18's below 800 quid these days
|
M2RTY
Member
Registered: 25th May 01
User status: Offline
|
quote:
Originally posted by Donna Corsa GSi
A well branded company doesn't need to spend excessive amounts on advertising once it is well established.
hummm i would only 50% agree with you here donna under these circumstances
the industry is ever changing, people trying to out-do others, and unless u prove that you ARE the best then people will go elsewhere, especially the teenage/young 20s croud who will go whereever they see advertised by OTT cars on the front cover of max lol
|
Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
|
ive said enough 
i know wot we do , i know wot other people do , im happy so are they.
|
M2RTY
Member
Registered: 25th May 01
User status: Offline
|
but then again, if you produce feature worthy customers cars, the advertising happens on its own by getting these cars mag featured
|
Donna Corsa GSi
Registered: 1st Jan 70
User status: Offline
|
Oh yeah I agree with you there but advertising should decrease over years when you start to realise where you're getting the majority of your business from. Then you can start to cut back on advertising where you're not getting enough sales for your costs.
|
Donna Corsa GSi
Registered: 1st Jan 70
User status: Offline
|
Yeah but if you sale a set of 18's for £800 you only gross profit about 30-35% on that and then you've got to pay all your overheads too. Thats why im saying turnover means shit when you're selling a product its gross/net profit you want to look at.
|
M2RTY
Member
Registered: 25th May 01
User status: Offline
|
quote:
Originally posted by Donna Corsa GSi
Oh yeah I agree with you there but advertising should decrease over years when you start to realise where you're getting the majority of your business from. Then you can start to cut back on advertising where you're not getting enough sales for your costs.
i love the few people on here who actually talk sense and can back up what they say 
|
M2RTY
Member
Registered: 25th May 01
User status: Offline
|
quote:
Originally posted by Donna Corsa GSi
Yeah but if you sale a set of 18's for £800 you only gross profit about 30-35% on that and then you've got to pay all your overheads too. Thats why im saying turnover means shit when you're selling a product its gross/net profit you want to look at.
yup, you could have $10m turnover and not make a penny profit, or even a loss
|
Scott
Member
Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
|
of course profit is important
i can gaurnetee u 35% of £800 is more tahn some peoples wages on here each week. how many rims u reckon average sized compnaies sell a wekk ? 40 -50 ?
id say so
|
