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The Entrepreneur / Business Owner's / Self Employed Lounge
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<blockquote data-quote="Pointy Elbows" data-source="post: 1435593" data-attributes="member: 21382"><p>My first thought is economy of scale. If you can get several dozen in as small a box as possible, then maybe your freight/unit will drop accordingly. If you can store them at home and charge full freight mark-up (but secure discounted freight rates) to fulfill orders, then those markups make good sense. </p><p></p><p>You'll need your vendor to pack as many of these things into as small a box as possible. Still, weight counts and if they are dense/heavy, your freight will go up.. Also, your vendor may have freight arrangements with international handlers that can ship cheap. Note: freight rates of all kinds are spiking in recent months, so check your math closely.</p><p></p><p>Do everything to keep your gross profit above 50%. As the item is so cheap to buy, you are really serving as a freight arranger and service provider, allowing customers to get the product at a fair price while you still make bank. Best of luck.</p><p></p><p>Lots of vendors in the parts business are hiring foreign workers to run their sales effort, through web orders and routed calls.</p></blockquote><p></p>
[QUOTE="Pointy Elbows, post: 1435593, member: 21382"] My first thought is economy of scale. If you can get several dozen in as small a box as possible, then maybe your freight/unit will drop accordingly. If you can store them at home and charge full freight mark-up (but secure discounted freight rates) to fulfill orders, then those markups make good sense. You'll need your vendor to pack as many of these things into as small a box as possible. Still, weight counts and if they are dense/heavy, your freight will go up.. Also, your vendor may have freight arrangements with international handlers that can ship cheap. Note: freight rates of all kinds are spiking in recent months, so check your math closely. Do everything to keep your gross profit above 50%. As the item is so cheap to buy, you are really serving as a freight arranger and service provider, allowing customers to get the product at a fair price while you still make bank. Best of luck. Lots of vendors in the parts business are hiring foreign workers to run their sales effort, through web orders and routed calls. [/QUOTE]
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