Thinking about opening an online store.....

Korishan

Moderator
Staff member
Joined
Jan 7, 2017
Messages
6,401
Ok, here's my current list of items I got in. It' s rough listing with prices and suggested local pricings.

What do you guys think? Suggestions and recommendations welcome.
 

John

Member
Joined
May 4, 2017
Messages
57
Korishan said:
Ok, here's my current list of items I got in. It' s rough listing with prices and suggested local pricings.

What do you guys think? Suggestions and recommendations welcome.

I am not seeing a list. Am I missing something?

Thanks,

-John-
 

Korishan

Moderator
Staff member
Joined
Jan 7, 2017
Messages
6,401

Korishan

Moderator
Staff member
Joined
Jan 7, 2017
Messages
6,401
I only set that up as a 20% profit. That's why I was asking for suggestions and recommendations. I'm not apposed to increasing the profit margin. Or even have different margins for different parts.

First time doing this for electronics, so not entirely sure what margins should be for each thing.


And actually, as you pointed out, the resistors wouldn't actually be 13 cents.

$ 0.114 * 20% = 0.0228. So, it's 2.28 cents profit at 20%. The Markup column is total cost after margin.
 

Daggerzz

New member
Joined
Jun 2, 2017
Messages
6
Looks interesting so far too bad I'm new and don't know what anything is for.
 
Top