RE: Surcharge Paypal users
Wayne Luke <[email protected]> 31 Mar 2003 05:13:25 -0000
| Newsgroups | gmane.comp.web.oscommerce.laws |
|---|---|
| Message-ID | <e55bf5db777ccf1c8a4912e0e63e1172@osCommerce-Forums> |
This message was sent from: E-Commerce Laws http://forums.oscommerce.com/viewtopic.php?p=139328#139328 ---------------------------------------------------------------- [quote="XtremeCarAudio"][quote="rseigel"][quote="CatHerder"]If a person was selling an item for $100 which they bought for $90 (total cost including shipping, taxes, etc) they "assume" they are making $10.[/quote] Only one comment on this one. It takes a poor merchant to only realize a $10 profit on a $100 item. I personally won't touch anything I can't [i]at least[/i] double my money on. I'm not interested in giving my stuff away. :wink:[/quote] you must not sell any highly competitve things like Electronics Plus the avg, retail Markup (from dealer cost to MSRP) in the US for Electronics is 50%, the Avg "discount" selling price for most electronics is 30-35% markup, and online vendors avg 5-15% markup for electronics the days of "doubling" your money in electronics are gone, the market is too competitve. In myfeild (car audio) I avg 10%-20% on online sales[/quote] I'll remember that and stick to gifts and novelties which can be marked up anywhere from 100% to 500% and still be competitive.