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Stan | Linksite
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Is it worth selling? Let's see how much profit I can make selling this my grain relief cap on Amazon. First things first, we have to make sure the product's gonna sell. There's high demand with low competition. That's exactly what we're looking for. And a lot of money being made. Perfect. Now I found this manufacturer that can make the product for us. They are verified manufacturer. We can get it for about $2.80 per unit, but don't forget there is shipping because we're gonna buy the product in bulk. So let's just say we can get it for about $3.80. Now let's go to Amazon's revenue calculator. I'm gonna pull up my competitor's listing because I know their fees will be nearly identical to ours. We can sell for about $16.99. All the fees, cost of goods sold. Leaving us with $5.42 profit. 31.88% profit margin. What do you think? What do you guys think?