Q3 2019 Investors And Partners Earnings Report
We have began expanding WiggyWear™'s product options by buying out a handful of brands that we believe will make our business function even better. Starting off BLARE™ which is a jewelry store that started out selling watches, but we have plans on moving toward selling customer upload custom jewelry, this is going to be a huge seller for Q4 of 2019. Another purchase of ours was a company called Mountain Top Apparel Co. this company is going to be put on a back burner until next May 2020. I believe this business to be a great option for camping as it'll sell camping products at low cost getting the business into dropshipping which will help us expand our product line even further.
Let's talk finances, WiggyWear™ did not turn a profit this quarter because of the two purchases that we made. The business will how ever be profitable here within Q4, evident from last Q4 which we made a very tiny profit. Our jewelry and dropshipping stores should help us big within this new year.
We have put an end to any and all subscription based businesses for the time being due to not being able to turn a profit on the products. Though we do look forward to relaunching it when the time comes to have a more profitable product.
Production partners, we are in good standing like usual. We look forward to working with you all into this new quarter and end of the year.
Store partners, a few changes in power have happen. Partners will need to contact the partner associate that we have hired, Shakeel Ali, who will help you all in any case. I need to focus more of my time on expanding the business, though we do appreciate all of the hard work you all have been doing, understand that WiggyWear™ is my top priority. Thank you.
Earnings: As explained above, WiggyWear™ did not turn a profit this last quarter. We aren't projected to earn a profit until Q4.