(Topic ID: 93830)

LED Bulbs. Cut out the middle man, buy from China for $0.07 each????

By barakandl

9 years ago


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  • Latest reply 8 years ago by Leeb18509
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    #36 9 years ago
    Quoted from OLDPINGUY:

    Many bulbs, with feet on the ground in China, have a 20%-50% markup here after import, so after all expenses and taxes, (6% shipping, 2.75% CC. Free shipping 3.3%, Cost of inventory, 10%, Labor cost 8%-12%, Operating costs, and taxes....About $.03 a bulb left for profit on the low end bulbs.
    Art

    Just to add to this...stated shipping is off by a factor of 10x. Shipping typically adds about 60%. Then there's brokerage fees for large freight orders -- even duty free stuff requires a broker to 'push' the shipment through customs by providing proper commodity codes, etc.

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