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Sure. They know their value. The problem is that’s hard for everyone downstream. I used to sell stuff on Amazon and EBay from surplus auctions as a side hustle
by Spooky23 4y ago
Sure. They know their value.
The problem is that’s hard for everyone downstream. I used to sell stuff on Amazon and EBay from surplus auctions as a side hustle. Initially you could run a sustainable business with 20-30% gross margins. When I got out, you needed 60-70% margins.
So you really need to be selling a lifetime customer with value beyond the first sale, sell some bullshit story, or junk/scam/stolen product high margins.
That’s why drugstores get looted… people sell toothpaste on Amazon.