Originally Posted by
Onebyone
Even at 70% off the store is making profit. So I'm helping the store, buying items that would be sitting on the shelf taking up space for newer items.
They likely aren't making a profit at 70% off. At best, they are breaking even and that's only if they negotiated a huge deal with the manufacturer.
Typical wholesale is 50% of retail. If you buy in bulk, you MIGHT get some break from that.
I noticed that this shop had a ton of Marti Michell products in their shop, so it is possible that they bought in bulk and got a deal, but super doubtful that they paid less than 30% of MSRP.
But having worked in retail I know that you make a big profit on some things and are lucky to break even on others. But you add it all together and hope that the final bottom line is black instead of red.