Starting a drop shipping business basically involves a retailer transferring customer orders and shipment details received from their website, to a manufacturer or wholesaler who then ‘drop’ ships the products directly to the customer.
The retailer carries no inventory, and a profit is made on the difference between the selling price and the wholesale/manufacturer price.
This revenue projection template is the first step in starting a drop shipping websites business plan, and provides a quick and easy method to estimate revenue generated by an online drop shipping business for the next 5 years.
The template is used by inputting estimates of the number of visits to the website, click through rate, and average selling price of the drop ship product. To complete the sales forecast, five categories of sundry revenue can also be entered.
Drop Shipping Business Revenue Template Download
The drop shipping revenue projection template is available for download in Excel format by following the link below.
The revenue forecast produced by this template can be used as the starting point for our Financial Projections Template, as part of a drop shipping business plan.
Users use the dropship websites revenue projection template to generate sales projections at their own risk. We make no warranty or representation as to its accuracy and we are covered by the terms of our legal disclaimer, which you are deemed to have read. This is an example of an sales forecasting software that you might use. It is purely illustrative. This internet business model is not intended to reflect general standards or targets for any particular company or sector. If you do spot a mistake in the drop shipping revenue template, please let us know and we will try to fix it.
About the Author
Chartered accountant Michael Brown is the founder and CEO of Plan Projections. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a degree from Loughborough University.