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Owning a retail store and competing in electronics industry

thecellsite

Hello. I am brand new to this wholesale stuff. I just opened up a retail store that is located right across from a big box retailer

$%#-Mart and sell cell phone accessories.

Question is, could I potentially make some good money by selling directly against their ipods and other mp3 players?

I have found some good sources for both these products. I want to carry OEM Ipods and also the knock off MP4 Players and sell them for just a few bucks shy of the big box retailer. Any suggestions/comments??

Much Appreciated.

cooly

Hmmm, I'd say you may have a chance if you advertise the prices with big bright posters on the store window. Neat presentation may also help.

thecellsite

I am located in a plaza across their front doors. It just was made into a super store w/groceries and stuff. Also, I rent a sign that I put up by the road. I could advertise wholesale prices on MP3 and MP4 players.

I'm only looking to mark them about 25% maybe even less. I still have my cell phone accessories too.

I checked all the major retailers and even with their lowest priced model, my prices with a 25% markup would be priced within a few dollars of theirs.

jblaska

any ideas? does anyone here do that now? i know that small electronic stores still exist out there. Im not looking to make a killing on this stuff just complement my other items.

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