you must heard wholesale,but has anyone gone deep into it?
in your country,which trade has the hightest profit?
thank you !
I have gotten into different wholesale business depending on what you mean by which trade has the highest profit. You always want to buy low and sell high. Find a product that can sell well and you can get it at a very good price. When the product is new its even better . Wholesale always has profit its better that selling products to end-users but it all depends on what products you are talking about .
Thanks
I found that the profit on food is very low. I worked with many many food wholesalers and the profit is like 5% when you factor in salaries and storage.
Market research.
certain electronics and have large profits, but is very competitive.
My product is marked up 40% from wholesale.
A great resource to find real wholesalers! Avoid the middle man! http://www.ProductSourcingMethods.com/
I like to keep my margins around 40%
You are more than welcome schumi feel free to email me maybe we can do some business together. Bizteam23@yahoo.com Best Regards
Until now I have try electronic and apparel. It seems that apparel is a saturated market but because people wants to be unique.. whole selling apparel stuff produce my high profit.
'A dream not fight will haunt you forever'
Need PRODUCTS to sell??..just PM me
I hear opium has a pretty good markup.
In all seriousness, anything with a desireable brand is your best bet. What do you think the markup is on a Versace T-shirt? It costs what, like maybe $2-3 to make, if that, and they sell it for $150?
That's an extreme example, but branding = markup
Originally Posted by MsNadi
Same here... depending on the market.. most products my businesses sell that are wholesale are marked up at least 40-50%
My Blog - www.betterforbusiness.com
True Wholesalers keep their margins 1-15% they just sell in volume
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