The Wholesale Forums

[E-ASYCHOICE]

Originally Posted by Popcorn

Wait So i get this straight... Say if the item is £3600.000 your buying bulk at £360.000 each right?
Also thanks to the people who said about stock auctions I'm taking a good look at that.
Also informing my dad about some deals i think i could work out

??????????????????????

Have I missed something?

where are you looking and where did £3600 come from?

[Popcorn]

Dont worry... i just made up a number and went with it their.... but i ment was.... when he says 10% Retail dose he mean 10% Of the price of 90% of the price but 10% of...

[hardwareheroes]

Originally Posted by Popcorn

Dont worry... i just made up a number and went with it their.... but i ment was.... when he says 10% Retail dose he mean 10% Of the price of 90% of the price but 10% of...

Even more confused now - could you type in sentences please?

[E-ASYCHOICE]

Originally Posted by Popcorn

Dont worry... i just made up a number and went with it their.... but i ment was.... when he says 10% Retail dose he mean 10% Of the price of 90% of the price but 10% of...

Ok, I think ive got what you mean now.

For example, If a listing is advertised with a buy it now price of £188 that is the price you pay. Below the Buy it now button is a break down of the goods for sale which have a total RRP of £18820.

To view the example listing I used click below (you will need to be logged in)
http://www.stockauctions.com/auction...ction_id=26341

Does that explain it all? £188 'Buy it Now' is 10% of £18820 (RRP). But bare in mind the listed RRP is prob the original RRP not the current RRP and the stock may be quite old so do your research before double clicking

[Players4you]

Originally Posted by Popcorn

Wait So i get this straight... Say if the item is £3600.000 your buying bulk at £360.000 each right?
Also thanks to the people who said about stock auctions I'm taking a good look at that.
Also informing my dad about some deals i think i could work out

thats correct. If the RRP(original) of the items was £13000 then the price I am buying the stock at is £1300. As mentioned before, the stock is cust returns so not all is saleable. In fact on average 75% at 50% of RRP. However, thats a pretty good margin.

If anyone is interested let me know.