Dave Volek
Sep 19, 2021

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There are all sorts of business models out there where one commodity has a much higher margin than another commodity.

Gasoline stations, for example. The stations don't get much profit from the fuel sales, but the confections are marked up 50% to 200%. That's what pays for the lights and wages.

Grocery stores often have "loss leaders", food items that they sell less for what they pay their suppliers. But a good price on milk or Coke brings customers to the store--and these customers usually buy other foods that have a reasonable profit margin.

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Dave Volek
Dave Volek

Written by Dave Volek

Dave Volek is the inventor of “Tiered Democratic Governance”. Let’s get rid of all political parties! Visit http://www.tiereddemocraticgovernance.org/tdg.php

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