Low-Price Selling: Is it Worth It? - Sellbrite
Added by
julie_schlimm
6 years ago
in
E-commerce
Selling a lot of products at low prices is a proven profitable strategy. If you have any doubts, just look at America’s favorite discount store Walmart. They’re earning $486 billion in 2017 fiscal year revenue.
However, earning profits on low price items requires planning. To ensure earnings, a merchant has to selectively choose their inventory: goods with low costs and high demand to ensure high turnover. By selling low-cost goods frequently, merchants can earn profits on products at low price points. With the right strategies and enough time, you can build a successful business of low-price products.
You must be logged in to post a comment