Re: MC113 for below market value prices? Quote:
Originally Posted by james13v Well, you still have to know how to do it, and you still need the capital and the connections to source the products.
How can I sell parts much cheaper than others? Low overhead, good connections, and lack of employees. | That is true but you can not meet the markets demand that way. Your supply will not be able to meet the demands on the market. Therefore, your competition will only be mild. Those who meet the demands don't sell out quick (go out of stock).
I remember a competitor years ago on Amazon who would advertise their product $20-30 dollars less. We had the buy box until he came. The more I competed with him the longer he stayed. So I raised my price and within 24 he was gone because he sold out quickly. He didn't come back for 2 weeks. People like quick money, and low overheads (easy). If you like low overheads you don't like growth and stability. Of course, for starters low overheads are good but if it stay low then their is no growth if the business operation is solely on selling tangible items.
In addition, extra overheads are added to improve and add quality to services like customer support which is added on to price tag of item.
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