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Re: Forum gossip thread by Biggie Smiles

Fat Stacks of Cash...

Started by Angry White Male, June 30, 2018, 09:57:15 PM

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Angry White Male

Maybe on some higher priced electronic items and such, especially if there is a cosmetic defect...



Good luck with that on a pack of Bic pens...

Bricktop

There is only so much margin on retail items...but I can tell you that on stationery products it is typically around 30-50%. Which is not a lot considering the actual cost.



Here's another tip; you know products have HUGE margins when you see a large number of big corporations in that market place. Officeworks, Staples, Walmart, K Mart and most supermarkets to name but a few.

Angry White Male

It depends though...  Did you know WalMart runs its business at a profit margin even lower than 3% at times? (it changes quarterly obviously)...



Obviously their volume of sales makes this work, but I don't believe there's a whole lotta room there to try to "Wheel and Deal" a better bargain.  This is in North America though...  Australia might have a slightly different business model.