The best way to earn good money on electronics is to concentrate on the volume of sales and not the profit margin percentage. If the average profit on an electronic product is $5 each, then work on selling 2,000-3000 units per month for an average profit of $10,000-$15,000 per month. As a rule of thumb, if you set your prices a little lower and can take a lower profit margin, you will make up for this with more steady buyers and more repeat orders. Besides a 10% profit of $50,000 in sales is only $5,000; but a 5% profit of $200,000 in sales is a much higher $10,000.
good idea!! i agree very much.
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