GREY:SBIYF - Post Discussion
Post by
RE38 on Feb 18, 2012 6:30pm
30% of revenues not enough?
Some people say 30% of revenues is a bad deal for SBS? But Tasly is taking on 100% of the costs. That's an awesome deal for SBS imo. Many companies would kill for 30% margin (100%-70% costs) and here is SBS with an opportunity to make 30% with 0% costs.
One of my online business is acting as a sales agent. Basically I'm a middle man. I get 6-7% per transaction and I am very happy with that because I never make or even touch the product. Some Chinese companies that sell their stuff to Wal-mart have to do everything from making the product to handling logistics and they get squeezed so tight by Wal-Mart they are lucky to make 10%. Don't ever underestimate that 30%
Be the first to comment on this post