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To: Jeffrey L. Henken who wrote (161)2/22/1999 12:08:00 AM
From: Matt Brown  Read Replies (2) | Respond to of 2662
 
Closing thought for tonight on ROMT,

I was doing some research on Digital River (the company that is designing ROMT/EGAM 's new website) and the research shows that many of the websites that DRIV does, increases the trafic by 100% or more.

That would be a great increase for EGAM/ROMT.
I would like to reiterate something to everyone: The numbers you are seeing on ROMT do not include the sales from website (it isn't even built yet). The profitability is coming strictly from their retail sales. So you know if they can make profit retail, it will be no problem on the Internet with a great site and high margin products.

Look at their profit margin just in STORES..it is around 15% or so. Now, imagine what the profit margin will be on the internet?? And most of the products they sell will be downloaded from website for instant enjoyment...no SHIPPING costs/packaging/etc.

Well, going to bed and to school,

Matt

P.S. I like this thread. Very professional. I hope I can become an asset to this thread over time.