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Re: None

Sunday, 01/16/2011 2:33:10 PM

Sunday, January 16, 2011 2:33:10 PM

Post# of 111214
Based on this Model/formula & the two minutes of DD that I did re Margins in clothing retail sales, the average was around 67% so to round numbers off I based the Margin at 70%

Postage paid by 8000 Barbados = $22.50 ($45 Barbados).
Postage paid by purchaser = $10.00

Net loss on shipping to 8000 Barbados = $12.50.
Loss does not include staff time and expenses.

Retail price of product = $35.00
Cost of product (70% margin) = $10.50
Retail profit on product = $23.50
Less shipping cost incurred = $12.50
Net profit on sale = $11.00 (no other indirect expenses covered)

Disclaimer this is based on the model/formula of another poster and am not able to verify that the above Model is by anyway accurate.....
67% Margin can be substantiated via DD

Go EIGH UPLISTING!!!!!


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