4eva eva wrote:obiero wrote:4eva eva wrote:gmyner wrote:streetwise wrote:You are in your narrative suggesting an ROI of over 100% annually. Is this doable ? I doubt !!!
Please recheck you calculation on what the returns are likely to be.
The margins for most beauty products and more especially accesories which are major movers is more than 200-300% things like ponds and jewellery we source from links in China and Dubai we get them at low prices and sell at the normal market price....for example sleek and mac ponds we get them at around 100bob and sell at around 350-500 bob depending on the client jewellery the same so in a day we u have sales of around 8k ur profits range from around 2500-3800 or even more depending on what you have sold we also stock weaves and hairfoods whereby we get at least 10%-20% returns on each item
Am also on the same business and concur your figures are spot on
The returns stated herein are modest. I have a friend doing the same trade, she obtains 1,000% profit on some items
Only on counterfeits and stolen goods
three people in the same trade have already confirmed that it happens. earrings, kapriz and studs in particular are bought wholesale for as little as 10per piece. enda dubois it will be sold at 80 bob while at westgate even 150 bob can trade.. ulizia uambiwe!
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45