thanks Lewis
Help need advice from some masters
Started by
ilewis
, May 12 2009 01:20 PM
#1
Posted 12 May 2009 - 01:20 PM
thanks Lewis
#2
Posted 12 May 2009 - 02:00 PM
Not difficult. Buy a bunch of bits then sell them again for more than you paid for them. Any business that sells stuff for less than they pay for it will be dead in three days.
As to where you cut corners depends on the sort of systems you want to sell. Cheap and cheerful, bargain basement or eats everything you feed it.
As to where you cut corners depends on the sort of systems you want to sell. Cheap and cheerful, bargain basement or eats everything you feed it.
#3
Posted 14 May 2009 - 06:41 AM
I don't cut any corners.
I don't sell as many systems as some of my competitors.
I very, very rarely have warranty issues, and never have customers accuse me for doing the cheap and dodgy by them. Be open and honest.
You will most probably need to find a wholesale supplier and sign up for an account with them to get cheap parts. I applied for quite a few and got knocked back by all except one, simply because I was a one-man business not aiming to sell hundreds of thousands of dollars worth of their parts a year.
Then do research into your local cheap parts supplier and compare prices. I haven't used my wholesale account at all yet because there is a major chain that is cheaper and open to the general public.
Then work out how much you expect to earn per hour for your time, how much % you expect to earn on parts. Then double check that with prices from your potential competitors. It's a difficult industry to start up in these days, as competition is very strong.
I don't sell as many systems as some of my competitors.
I very, very rarely have warranty issues, and never have customers accuse me for doing the cheap and dodgy by them. Be open and honest.
You will most probably need to find a wholesale supplier and sign up for an account with them to get cheap parts. I applied for quite a few and got knocked back by all except one, simply because I was a one-man business not aiming to sell hundreds of thousands of dollars worth of their parts a year.
Then do research into your local cheap parts supplier and compare prices. I haven't used my wholesale account at all yet because there is a major chain that is cheaper and open to the general public.
Then work out how much you expect to earn per hour for your time, how much % you expect to earn on parts. Then double check that with prices from your potential competitors. It's a difficult industry to start up in these days, as competition is very strong.
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