🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 11 days agoAnon delivers a prophecysh.itjust.worksimagemessage-square80linkfedilinkarrow-up1620arrow-down111
arrow-up1609arrow-down1imageAnon delivers a prophecysh.itjust.works🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 11 days agomessage-square80linkfedilink
minus-squareTeaWithDani@lemmy.worldlinkfedilinkarrow-up2·10 days agoRetail stores make way less than that. Their margins are razor thin.
minus-squareLwL@lemmy.worldlinkfedilinkarrow-up1·7 days agoYou’re thinking of net profit margin. Gross profit margin will vary by item but 30% is a pretty normal amt there. The most specific number I could find is best buy averaging 22-23%. Which is a bit lower but same ballpark.
Retail stores make way less than that. Their margins are razor thin.
You’re thinking of net profit margin. Gross profit margin will vary by item but 30% is a pretty normal amt there.
The most specific number I could find is best buy averaging 22-23%. Which is a bit lower but same ballpark.