2 ms·
I suspect it is possible, but margins will be very tight and will require volume/scale and velocity. Velocity (in money) is an unintuitive concept (Returns = M
by wenc 6y ago
I suspect it is possible, but margins will be very tight and will require volume/scale and velocity.
Velocity (in money) is an unintuitive concept (Returns = Margin * Velocity), but it's how many ethnic grocers get returns on relatively low margins. (that, and tremendous cost control, staffing with family members, different supply chains, etc.)
$300/mth sounds about right (I checked mine, ~$325 in Chicago, at big box grocery stores, eating healthy, lots of meat and produce). There was a time when I was shopping exclusively at ethnic groceries and my average was ~$200/mth ($50/wk).