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I am not in the consumer electronics space, but as an example Best Buy sold $30.8bn in goods last year and their COGS was $23.1bn. So based on this their gross margin was 25%; is it reasonable to expect to split the difference and sell drop-shipped items with a margin of 12.5%?
I will not be sourcing from a major corporation, but rather a number of smaller companies with at most $25mm in annual sales. I would love to hear what you folks think.
I want API's and I want to be able to Lock a product during the checkout process. Part of me wants to become the drop-ship company I wish I worked with. Has anyone has similar experiences or thought about this?
The worst are those who have no idea how important inventory control, communication and timely shipping are to your customers. For these outfits, a 30 to 50% margin is essential, just to break even on their incompetence most of the time...