Starting an Amazon Store: Financial Element [18]

Summary: Averages vs purchasing price

•The average sales price for the product is between $12 and $50.

•Is the product one that you can purchase at a price that’s no more than 20-25% of the price you plan to sell it for on Amazon.com? (When calculating this price, be sure to look for even less expensive items if the shipping costs from an overseas manufacturer are likely to be significant.)