Thread: Retailer Tips
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Old 09-15-2012, 01:29 PM
TipsDude TipsDude is offline
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Join Date: Jan 2009
Location: in the field
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Don't underestimate your expenses. One of the mistakes of many retailers is that they spend too much time looking at the profit they make off of individual products and they forget to look at the big picture. That big picture contains an enormous amount of expenditures and overhead. You must factor that into the pricing of your products or you'll be "giving away the store" and might eventually lose your store.
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