BottingSubsForMoney420
BANNED
- Oct 31, 2024
- 254
- 155
POD eats ALL of your margins. It's great how ever to prove a concept. Once you have done that find a supplier, an investor, and scale to the moon.
For example we dropship a bag of coffee for $35 custom with some assholes face on it. It costs me $15 for the bag and $7 to ship it.
Not much margin.
But when Import the coffee from colombia I'm looking at $2.50 a bag.
Import the beans in a container and grind them myself with machines. I've reduced my cost to $1.50 a bag
The morel of this story is to get some sales first. Even if you lose money.
Then sort out your other problems .
For example we dropship a bag of coffee for $35 custom with some assholes face on it. It costs me $15 for the bag and $7 to ship it.
Not much margin.
But when Import the coffee from colombia I'm looking at $2.50 a bag.
Import the beans in a container and grind them myself with machines. I've reduced my cost to $1.50 a bag
The morel of this story is to get some sales first. Even if you lose money.
Then sort out your other problems .