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FIB - Scams 101 - Ye Olde Archives
Posted By: Mr Bluto ^_^ In Response To: Re: How I hate this kind of crap (excuse me)... (Kami)
Sunday, 25 June 2006, at 2:53 p.m.
First of all, I do not know the exact relation ship between Quixtar and Amway except they are pretty much the same old BS.
However, seeing how you are looking to sell the product and that other woman was selling the product, maybe you should look into it further. If you can buy the product at a good wholesale price and resell it for a decent markup at $1.99 and you don't have to buy anything else from the company like training manuals every single month and there is no high yearly fees, I would suggest that you buy some cases and try your hand at selling the stuff. In other words, if they just let you buy the product at wholesale to sell at retail and you don;t have to put up with all that MLM crap, like recruiting, then I say take a stab at it.
Word of caution, though. Make sure you are getting a good wholesale price. Believe it or not, stores get terrible wholesale prices, especially on drinks. If a drink retails for $1.99 stores will generally pay in the area of $1.35 at wholesale. Certainly, that is no way to make money. There is no room for a good markup. The only way to make real money is volume and impulse purchases. For a $1.29, 20oz bottle of Pepsi, you are lucky to get a wholesale price of $0.90 - most smaller stores have to pay $1.08.
Personally, if you cannot get that $1.99 drink for $1 a can or less at wholesale I would not even bother.
And BTW, when a store is selling soda cheap, like 2 liter bottles for $0.99, they are not getting a better wholesale price. What's happening is that Pepsi (or Coke or whomever) is selling that soda to them at the regular wholesale price and the store loses money on each sale. You see, it is not the store that dictates selling the 2 liter at $0.99. It is the manufacturer that dictates that. It is for marketing and promotional purposes. What the manufacturer does, then, is send them a check to make up for the loss and a little more to pay for the ability to do the promotion in the store and the rent for the floor space (yes, that's right, manufacturers pay big bucks for shelf and floor space in grocery stores).
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