Quote:
Originally Posted by bobbyw8469
I would think his profit margin is alot higher than 20%. I know he bought a card from me for $20 and sold it for $125. I would think that is more the norm than 20%.
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It could be more than 20%. I would think it is at least 20%. I mean even if he has 3000 items listed a month, he is only spending $150 in listing fees.
Looks like he is doing something right. Even at 20% margin he made over $1000 last week and only had to package 20 items.
By the way, I am taking all of his other expenses into account with the 20% margin.Card supplies, office supplies, fees, shipping and shipping supplies, computer costs, all that good stuff. At any rate, I don't think these guys are just wasting their time. Seems to be working rather well for them.