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Well folks, let's take a look at this. The item was $264. Lelands 19.5% vig puts fifty bucks in their pocket. I don't know what they charge for a consignment fee, but let's say 12%. That's another thirty bucks. Another 11 bucks on the shipping - now we are at 91 bucks gross profit for one $264 item. In addition, Leland's doesn't have any inventory costs because everything is consigned.
I shipped over a thousand items last year so I know that it couldn't take more than 5 minutes to get this item ready to ship. I don't know about you, but if I can make $91 bucks on a $264 sale I am going to treat that customer like a king because I want that customer to come back and bid again. There really is no good excuse for this kind of service.
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Rick McQuillan T213-2 139 down 46 to go. Last edited by buymycards; 07-10-2012 at 06:57 PM. |
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