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Funnily enough the margins are pretty bad, especially adding the risk. The relatively small amounts these kids deal maybe contain a 10 to 30% margin. Maybe 50%
by herbst 5y ago
Funnily enough the margins are pretty bad, especially adding the risk.
The relatively small amounts these kids deal maybe contain a 10 to 30% margin. Maybe 50% when you don't like your clients. Considering they do packaging, delivering and hold the risk that's not a lot.
Then check Amazon for random locally warehoused China stuff. Margin easily is X3 or more.
Kids are just uncreative
- monocasa 5y agoIt's more that it's hard to hit higher margins without the same lack of capital investment. You can get started dealing with just a few hundred dollars.
- herbst 5y agoSame with Amazon FBA or eBay reselling. Sure the markets can't be easily compared, but if you have that talent you should use it :)
- helloworld11 5y ago>Then check Amazon for random locally warehoused China stuff. Margin easily is X3 or more. Sorry, but curious and a bit ignorant. What sort of business venture are you referring to with this?
- herbst 5y agoKitchen plastics, tools, pet toys, ...