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The article stated the total cost for the goods and shipping to Australia was $8000 and that they needed to sell 500-600 items to be profitable. $8000 / 600 =
by nutmeg 12y ago
The article stated the total cost for the goods and shipping to Australia was $8000 and that they needed to sell 500-600 items to be profitable.
$8000 / 600 = $13.33 profit per item
At the end of the article they stated that they sold about 2700, which would be a profit of
2700 * $13.33 - $8000 = $28000
- rnernento 12y agoInteresting, thanks. Then the real question becomes how much time did he invest into the whole thing and what was the resulting hourly rate.