You could always ticket tout, you know, if you're a scumbag.

 

Saying that, I do it quite often >.<

If the wholesaler charges more than a local shop does then the shops are making a loss. Thats an absurd claim.

 

 

 

How is the local shop making a loss? Let me explain how this system works:

 

 

 

- Wholesaler sells textbook to the University textbook store for $150.

 

 

 

- The university textbook store sells it back for $187 (25% markup).

 

 

 

- The university textbook store, at the end of the semester, will only pay $10 for the used back, so a new store opens which will buy the book back for $20.

 

 

 

- My friend buys that book for $40, then sells it to a student for $80, because the used textbooks store isn't very common.

 

 

 

- The University textbook store will sell it's used books for around $115.

 

 

 

- Therefore, the person buying from the used bookstore and selling to students is making profit while selling the book for less than the wholeseller sells them for.

 

 

 

No, I don't know why the market works like this - but is does. You can't assume you know how every system works.

Well, then it's a question of semantics. You never said that he was buying them from a second-hand bookstore.

Well, then it's a question of semantics. You never said that he was buying them from a second-hand bookstore.

 

 

 

You're right, and that's my fault for not being clear - except that I did specify that the books were being sold back, for profit, for cheaper than the distributor sold them for. So even without specifying that it was second-hand, you still should have been able to understand my point.

Weeds good to "Merchant", buy it real cheap, sell it for double ;)

 

 

 

or grow it, if you have good farming

 

 

 

Also, it's quite clear merchanting is the service of finding a buyer for the person.

 

 

 

About the profit margins, well it really depends on a lot of factors, especially about where you buy it. For example, I'll be giving this a try at a flee market where the goal of most people is just to get rid of the stuff. With a bit of haggling I'm sure i can find good deals for second hand items way lower than any shop could offer, thus increasing the profit margins. It's like a game, AND YOU FREAKIN MAKE MONEY SHANARO!!!

Thats my Uncle's entire business. It's made him a multi millionaire too. He buys and sells computer hardware and software to make profit. I've been to his warehouse and I saw thousands of monitors and stuff. I even saw what he said to be 7 million pencils :o/

My aunt and uncle buy direct items from wholesalers, and not in bulk either, then resell online, mostly ebay and such.

 

 

 

But it's a great money maker. Take an iPod Nano for example (prices are not exact but very close):

 

 

 

Retail prince= $150 USD

 

Bulk price= $75 USD

 

Single Wholesale Price= $85 USD And sometimes even as low as the bulk price.

 

 

 

So, it's a huge money maker.

Real life merchanting... That sounds fun :D :D

Weeds good to "Merchant", buy it real cheap, sell it for double ;)

 

 

 

I've done that. It's better to grow it though. Then go to a local street corner and sell.

 

 

 

Know a couple of people in that buisness - well more into the the pills side of things - ecstacy, morphine, 2cb, ketamine etc. They are minted. It's just too illegal and risky for me - an unregulated black market with varying purity and nutters who will beat you up to try and get thier next fix.

Know a couple of people in that buisness - well more into the the pills side of things - ecstacy, morphine, 2cb, ketamine etc. They are minted. It's just too illegal and risky for me - an unregulated black market with varying purity and nutters who will beat you up to try and get thier next fix.

 

 

 

Though completely unrelated that reminds me of how I knew someone at my school who knew someone who smuggled drugs from Columbia and Peru. I have since found it quite amusing, no idea why, because it's not amusing. :-k