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Wednesday, April 26, 2006 8:35:48 AM
2,000 of 6,000 is around 33% of what they accumulated since they opened for business.
Thats really good growth, now we are up to 8,000 subs. This growth will just compound like money in a savings account + interest.
If we consider the sub growth of 2,000 subs in 27 pilot stores over a period of 6 months conservatively.(keep in mind all pilots did not go live at the same time)
The average per month was 74 subs per store. Now that is over the period from Oct 5 thru end of March. All the pilot stores were not added at the same time.
Lets look at all stores rolled out:
627 * 74 = 46,398 new subs p/month conservative# based on pilot
46,398 * 12 = 556,776 new subs p/year
627 * 50 = 31,350 new subs p/month
31,350 * 12 = 376,200 new subs p/year
I think GZFX is really playing a conservative with the growth which is good and being very cautious.
All In My Opinion
Anasta
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