Quote:
Originally Posted by Jeff@topgearsolutions
You'd be surprised how large 5% off is when it leaves vendors with less then 1% profit all said and done. We have to cover shipping expenses, website expenses, overheard and other fixed costs, 3% merchant fees... I can go on and on. Trust me the customer is winning everytime.
Imagine making $7 on a $900 item...
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This
I've had times when I've had to make zero dollars just to stay competitive and then still lose the sale. Its brutal guys. Jeff isn't lying. You guys always benefit from this type of competition... but I don't think you realize what 5% really is.