3 ms·
Are you sure you aren't confusing net and gross? The graphic in the article pretty clearly says, "3-6% net profit margin per item". I would take that to mean
by pmorici 11y ago
Are you sure you aren't confusing net and gross? The graphic in the article pretty clearly says, "3-6% net profit margin per item". I would take that to mean after accounting for expenses. Meaning they make a profit of between 2-4 million on their 70 million in sales.
- kgwgk 11y agoIf it is really the net margin it doesn't make sense to say "per item". Maybe this metric includes all the variable costs (like product acquisition cost, salaries directly linked to handling the orders and cost of delivery) but there are still fixed costs that have to be paid from that "net."