Hope this is OK to ask...Just wondering, what do dealers pay for equipment/speakers. I've heard it's around 50% or no more than 70%. Is that right?
50% x-factory is what is usually paid to the manufacturer. Just add all other expenses after that to get the actual CoGS*.
*freight, applicable taxes, insurance, bank transfer fees, administrative expenses, foreign exchange gains or losses etc.
Then there's overhead.
All in all you don't become rich being a dealer. When all is going well you get about 10 cents on the dollar after income tax. You do get to spend time with your favorite things though and THAT is priceless
50% x-factory is what is usually paid to the manufacturer. Just add all other expenses after that to get the actual CoGS*.
*freight, applicable taxes, insurance, bank transfer fees, administrative expenses, foreign exchange gains or losses etc.
Then there's overhead.
All in all you don't become rich being a dealer. When all is going well you get about 10 cents on the dollar after income tax. You do get to spend time with your favorite things though and THAT is priceless
Not for cartridges & cables
Thanks for being candid, Jack. Is there variation among brands? Do some have more bargaining power than others, based on brand value?
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