Profitability on selling board games, CD, DVD, cassettes


kismedconcepts
Free Member
  • Posts: 14
  • Joined: 29 Oct 15
  • Karma:
15 Jan 16 05:53:20 pm
Is it profitable to sell board games, CD and DVD cassettes?


fudjj
Site Admin
  • Posts: 6496
  • Joined: 27 Jul 07
  • Karma:
15 Jan 16 09:23:28 pm
That's such a broad question, it's just impossible to give an accurate answer unfortunately. The theory is that everything is possible to sell or at least "just about" everything. So I think it's plenty safe to assume that people buy board games, DVD sand so on ..., but the issue of making margin comes down to a few basic factors.

Are you selling in a target rich environment?
How strong is your competition?
Are you selling at a competitive price?
Are you providing a competitive service?
Can the products be sourced at the right price?

They're the basic factors, but then on top of those you have things like marketing issues you also need to tick off.

All pretty basic business principals with e-commerce and getting the answer to each of those with give you the ability to assess the viability of a product. It's easy for someone to say "hell yeah, I make a fortune from doing it" and for someone else to say "no chance at all, don't even try" because everyone can have a different answer depending on how many basic factors have been ticked off before trying and even then, without knowing their exact business model you may not be able to replicate their same results.


Mark (fudjj)

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iamjohnramos
Full Member
  • Posts: 12
  • Joined: 13 Mar 16
  • Karma:
14 Mar 16 03:37:46 am
I don't want to pop your bubbles but looking at the current trend of technology right now, CDs and DVDs and cassettes can narrow down your sales margin and will only limit you to small specific targets, (If there's any). Try to check the trends and figure out what products will hit the ceiling..


 

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