Stores loose money on Boxing Day sales?

[reefme]

Originally Posted by ScubaSteve

Alright, here's my two cents...


So, it really depends. Most shops aren't going to be losing money but they don't necessarily make as much on each product they sell, but they make up for it through volume.

+1 That is what I am trying to say.

[MarkoD]

oh yeah. my original point:

having a doorcrasher item which is below cost will bring customers in the door and give you the potential to up sell them or sell them additional things and build a rapport with them. Opening the door for future business.

this is not an argument and you dont have to respond. this is my opinion and if I had a retail store I would run it this way.

[Madreefer]

Why is'nt this thread in the lounge?

[Nate]

Markod

Where did you get your numbers for 30 % and 50% then and how does this back up the original point you stated on page 5?

[MarkoD]

page 5 was the previous page.


and what i said on page one was

"I think it's more like 30% on dry goods and 50% on livestock"

but i later corrected myself

[unclesalty]

If anyone thinks stores lose money on boxing day sales I have a couple extra bridges I will sell them! lol

[quote=unclesalty;665424]If anyone thinks stores lose money on boxing day sales I have a couple extra bridges I will sell them! lol[/quot

I'm happy to see you own bridges, in BC at $3 to $5 a car you could make some serious money.

Unless you own a store in my industry your opinion is just that, your opinion.


Wendell

So you know, I'm available anytime to consult on the big money to be made in the Salt Water Aquarium Industry...until then im just hoping to find people who own bridges to keep buying.

[unclesalty]

[quote=OceanAquatics;665439]

Originally Posted by unclesalty

If anyone thinks stores lose money on boxing day sales I have a couple extra bridges I will sell them! lol[/quot

I'm happy to see you own bridges, in BC at $3 to $5 a car you could make some serious money.

Unless you own a store in my industry your opinion is just that, your opinion.


Wendell

So you know, I'm available anytime to consult on the big money to be made in the Salt Water Aquarium Industry...until then im just hoping to find people who own bridges to keep buying.

Sorry I can't keep buying as I bought too many bridges I can't sell! lol
I am not saying you are making big money but I know you are not selling items for less than your cost on boxing day!