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Old 09-27-2007, 08:37 AM
 
12 posts, read 51,126 times
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we do wholesale and dropshipper all the time,then somenone need just one item,we provide retail,too now,about electronics,anyone has some experience about that,does it make profit for electronics retail,sometimes i heard it's small profit margain for electronics?you guys'idea?

any comments's appreciated!

Last edited by Global Friend; 09-28-2007 at 07:07 PM.. Reason: sorry, no web advertising
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Old 09-27-2007, 09:06 AM
 
2,775 posts, read 2,580,475 times
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You'll be up against many well-established "big boys." You already have connections with the shipping companies you will need which is a positive. You also likely have a decent supply chain set up for the wholesale side of your business. But...

Unless you find a way to sell your products via huge online marketplaces such as Amazon and Ebay using prices and fantastic customer service (and something else?) to differentiate yourself from your competitors... all the while still maintaining a decent profit on each item, then I would stay out of this industry.

A little research will show you that this market is booming as people love to use the Internet to avoid sales tax and to obtain the best price and latest products... and certainly as more of the global population gets online with more expendable income. But significant marketshare is already eaten up by just a few companies who leverage massive financial resources to succeed. I hate to discourage you or anyone to do something like expand business into another channel... but I think you just need to go into it with your eyes open... research for your particular niche area needs to be done rigorously and you will need to innovate somehow to succeed against the well established competitors already in this space.
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Old 09-27-2007, 10:00 AM
 
Location: gilbert az "move me to Boise"
341 posts, read 1,517,890 times
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I am a electronics buyer - wholesale is about 10-15% less from retail the big box guys buy volume
the money in electronics is in the accesories for these stores
If you buy closeouts, overstock, returns from these retailers in truckloads usually you will need to sell them at 70-80% off retail and then your cost is about 35% from retail returning after freight a return of about 48% margin - with the hope that the public will buy these. For you to make money you would need to sell mass volumes in electronics.
ALso, when you buy closeouts, returns about 60% of these models are working and 40% are not - so you also need to make your money up on this.
as for computer electronics - wholesale is about 8-10% from retail and if a big box guy is selling promotional pricing and using product as a "loss leader" you can be in trouble. Last CHristmas - Walmart killed us all on the 599 and 699 plasma tv promotion and alot of us sat with inventory after the holiday and had to sell below to clear - because models change so fast.
Accessories that is where the money is....
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Old 09-27-2007, 10:04 AM
 
Location: gilbert az "move me to Boise"
341 posts, read 1,517,890 times
Reputation: 157
Please note - that direct from supplier/manufactuer you are 8-15% from retail
my other note - was if you buy from a "big box" guy to help clear his closeouts, returns, that is 15-35% from retail cost

2 completely different animals
looked at your website - liked the accessories well priced - I was looking at the sunglasses - for I am always looking for designer sunglasses, watches
I am a corporate buyer of many products for the casino industry.
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