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I don't understand either. They sell for 50% off right now for 42 a case, meaning normal price was 84. 84 × 6000 = 504 000 This doesn't add up with the 250k t
by Freestyler_3 4y ago
I don't understand either.
They sell for 50% off right now for 42 a case, meaning normal price was 84.
84 × 6000 = 504 000
This doesn't add up with the 250k they were hoping for and the 50% off. Or am I wrong? (too bad they only have decaf yet, wouldn't have minded to try.)
- 0110101001 4y agoAssumigly, they're offering I'm the coffee for 50% retail price. Sounds like that would put everything in line with standard grocery store markups. https://bellwethercoffee.com/blog/how-to-start-selling-wholesale-coffee-to-grocery-stores/#:~:text=Grocery%20stores%20generally%20sell%20coffee,low%20as%20a%2040%25%20markup https://bellwethercoffee.com/blog/how-to-start-selling-whole....
- Freestyler_3 4y agoah so that makes sense
- loeg 4y agoWholesale is usually 50% or less of retail price.
- iJohnDoe 4y agoAny retailer hopes to make 30%. 50% would be pretty incredible.
- brianwawok 4y agoGo get a product put in a big box and let me know what % margin you are keeping
- jsjohnst 4y agoAmazon routinely takes over 30%, especially if FBA.
- sgc 4y agoThe confusion here is that different types of items have different margins. but grocery is typically 30%, as is hardware / lumber. However coffee itself might be a profit center for grocery stores, and they might make a bit higher on it. Items like gifts are 50-55%, and clothes more like 70% markup.
- fnbr 4y agoNormal retail price. They were probably hoping to wholesale it for 42 per case, which is what they’re selling it for now.
- 55555 4y agoYeah so begging for help and everyone shows up to help but they’re still trying to take profit on the entire thing. Honestly nice work, They pulled it off. If I were in that position I would have cut the price to the bare COGs. Feels wrong to beg for help while secretly profiting off your rescuers.
- patcon 4y agoRespectfully, people getting a "50% off retail value" deal on a product are not what most would simply call "rescuers". They are people who got a stellar deal and maybe got a good feel or two that they wouldn't normally have