[zasul]

Ok... So I am from Romania and I want to open a shop in my city with shoes bought from eastbay.com .
But i am wondering if its possible because:
1 The price shoes from Eastbay or from other online shops are 70% cheaper than the shoes found in Romanian stores.
2 We already have shoe shops like Nike , Reebok , Adidas that are very expensive.

[akula]

ok....shoes...arbitrage...what would you like to talk about?

[NeeJam]

Originally Posted by zasul

Ok... So I am from Romania and I want to open a shop in my city with shoes bought from eastbay.com .
But i am wondering if its possible because:
1 The price shoes from Eastbay or from other online shops are 70% cheaper than the shoes found in Romanian stores.
2 We already have shoe shops like Nike , Reebok , Adidas that are very expensive.

well your buying them at 70% cheaper then the prices they are retailing at this is called wholesale. Yiu buy prices at a lower price and sell t on for a profit at retail so you buy 70% off retail currently and then you add a % onot it but make sure you are lower then your competitors as you will quickly gain a decent market share as they are cheaper then the others maybe you sohlud do it like 10%-20% lower then the retail prices. Why should it matter if theres competition and if there a reasonable amount of it that means there is a decent profit for everyone so why sohuldn't you take a cut of it and make yourself some money.

[zasul]

So it would be legal for me to sell shoes for $xx if on the shop next door the price is $x,xx?

[F360]

You can sell it for whatever you want, unless there is some wierd law in Romania.

[NeeJam]

Originally Posted by zasul

So it would be legal for me to sell shoes for $xx if on the shop next door the price is $x,xx?

yes that is legal.

[Bored]

Originally Posted by n-james

yes that is legal.

You shouldn't give him legal advice because A) your not an attorney and B) you don't live in his country.

[F360]

Originally Posted by Bored

You shouldn't give him legal advice because A) your not an attorney and B) you don't live in his country.

Thats thats what I was thinking, same goes with the "Can I use a city name in my Biz" "Yes it is legal" post

[Brandon MacKenzie]

zasul you would have to check in your country to see if its legal. I don't see why it wouldn't though. There may be alot of import tax or something in your country, this would affect the bottom line.

Sounds like a great idea, almost too good though. You would think that someone would already be doing this. You would have complete control of the shoe market in Romania if you advertised quickly, with your low cost brand names. You could make a fortune, but eventually many others will join in.

Your business idea sounds so simple but be ready for set backs, especially in retail. Don't tell anyone your idea in Romania, in business trust no one.

Good Luck! Make sure to start a new thread if you start the idea, I'd like to know how its doing

[blizzuntz]

Taxes is why they are overppriced there.

[zasul]

Well I buy shoes for myself from Eastbay we group 10-20 persons and order shoes and pay as low as 7$ tax + shoe price . The tax is around 50-60 $ for i dont know how many shoes pairs. In Romania unbranded apparells are 90% of the market and with my idea I hope I will change this.

[BFTAaron]

Sounds viable if the laws permit it.