RatLabGuy
You look like a monkey and smell like one too
- Joined
- May 18, 2005
- Location
- Churchville, MD
So that just makes it even easier for it to be a money laundering business, lol.
Couldn't one argue that the profit margins HAVE to be high because the sales turnover rate is so slow? E.g. if people only replace them every 10 years, you're not going to sell many, so to make your salary as the seller you have to make a higher % on each that is not hardware costs. I guess part of that is hoe you define what goes into "profit margins".
I know this is the case for niche use biomedical research instruments like we work with. Box may have $500 in parts but it costs $20,000 b/c they only sell a handful a year
Couldn't one argue that the profit margins HAVE to be high because the sales turnover rate is so slow? E.g. if people only replace them every 10 years, you're not going to sell many, so to make your salary as the seller you have to make a higher % on each that is not hardware costs. I guess part of that is hoe you define what goes into "profit margins".
I know this is the case for niche use biomedical research instruments like we work with. Box may have $500 in parts but it costs $20,000 b/c they only sell a handful a year