Quote:
Originally Posted by Aquarian Sports Cards
I am still waiting for anyone (from a post in another thread) who runs a business to come forward and tell me they can succeed on gross margins that you guys think an auction house can make it on. In this thread I have seen suggestions of no commission and low buyer's premiums coupled with free shipping. What is a low buyer's premium? 15 %, 10%???
You can't run a business with gross margins that low, and I don't anticipate anyone who actually owns a business of any sort, to contradict that.
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Brockelman Auctions has a 12.5% buyer's premium and VERY cheap shipping. They are still in business, and doing very well I suspect.