3 ms·
> There’s nothing wrong with this. These are standard ratios, not some dirty secret. Standard, absolutely, but I think many are surprised by how much of that i
by mrweasel 4y ago
> There’s nothing wrong with this. These are standard ratios, not some dirty secret.
Standard, absolutely, but I think many are surprised by how much of that is profit for the company that sells the product to the consumers. I worked for a company that had 40-45% margins on most consumer electronics. Less than 40% and the buyers didn't really want to deal with it.
- samstave 4y ago*__exactly__* - If you have ever whore'd yourself out as a 1099 "consultant" <=== you're typically paid ~30% of bill rate... the company claimed all this "I have to pay insurance" bullshit - but if you are paid $50 an hour, the contract is likely $150 an hour... and the company's fat margins are within....
- golergka 4y agoRevenue, not profit. They have pretty huge costs of doing business, too.