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What is general profit for electronic products?
2 posts
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I got some GPS products and other electronic products from china. I want to sell them to wholesaler or retailer. I am not very sure how should I set the price. Is that 30% mark up good for electronics?
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Generally speaking, its whatever the market will bear. Here's a idea, go to websites/stores that carry the same product and see what they are charging. That will help give you a ballpark figure on what your price point will be. ( Think of this advice as a point in the right direction instead of hard market planning. )
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