(Topic ID: 245379)

American pickers,smart businessmen or greedy

By trumpy

4 years ago


Topic Heartbeat

Topic Stats

  • 131 posts
  • 66 Pinsiders participating
  • Latest reply 4 years ago by AlexF
  • Topic is favorited by 5 Pinsiders

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    Topic poll

    “American pickers,smart businessmen or greedy”

    • Smart business 84 votes
      71%
    • Greed 34 votes
      29%

    (118 votes)

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    27
    #2 4 years ago

    There is a lot of overhead you have to remember. Vehicle costs money, insurance, gas, employee wage, health insurance. The costs go on and on. Every day an item sits on the shelf is dead cash. Sometimes they like every pawn shop have to sell the item at cost or a loss.
    Did you know the food you eat at a restaurant is marked up 3xs the cost. That $9 lunch cost them $3.

    #35 4 years ago
    Quoted from ForceFlow:

    I've been doing it wrong this whole time. I buy high and sell low. Works every time.

    LOL
    Story of my life.

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