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money transfer cost


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Hi all

If we buy a dress from china @ £35. and we Pay £20 to transfer the money, and £20 postage, we'll make no money whatsoever!

Is the key always to buy in bulk? its the transfer money that makes it a problem.

what do other people do?

Thanks, Kitty
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Reply With Quote Old 29-08-2008, 07:40 AM



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If your buying just 1 item from anywhere at distance you will have the same problem.
You will probably be paying £20 to transfer £35 or £35,000... unless your paying %
If you buy 1000 items the shipping cost will increase but proportionately decrease drastically,.... so will your proportional transfer costs.
However you do not mention import duty or VAT above!.... will that make it more of a problem?
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Reply With Quote Old 29-08-2008, 07:52 AM



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Quote:
Originally Posted by katietuesday View Post
what do other people do?

Thanks, Kitty

As geo says, bulk is the key - its not possible to profit from piecemeal sales
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Reply With Quote Old 29-08-2008, 07:54 AM

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