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Discussion in 'Ecommerce Forum' started by flooring, May 31, 2019.
75% gross profit? What industry are you in?
He said the costs of the product that does not mean that he is running at 75% profit all the other costs may only make his profit 30% in the end !
Which is why I said / asked gross profit? As in sales price minus the cost of goods sold?
Its not that uncommon to have high gross profit.
Even 90% plus.
Which is why I asked what industry he was in!
I have some products that are that high GP, but generally only lesser priced products.
Yes, its more common with lower priced products and imported products.
Your local big supermarket will have hundreds of products at 75% plus.