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What is a good profit margin for wholesale?
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In my point of view if you are getting profit from 20 to 30 percent in wholesale then it is a good one.
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When selling to retailers, wholesalers may have a lower profit margin. Retailers may typically make between 20% and 50% of the wholesale price when selling items to customers, whereas wholesalers often make between 15% and 30% of the wholesale price. The percentage range will vary based on the product.
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Profit margins depend on the item which type of item you select and depends on the brand or distributors and what wholesale price they will give you, if you directly purchase items from a brand then your profit will be good and your minimum profit margins must be at least 15% to 20%.
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15 % to 24 % is consider the good profit margin in the wholesale.
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If you buy items from a brand, your profit will be high, and your profit margins must be at least 15% to 30%.
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I think 20% to 30% will be a good profit margin.
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According to me, 15% to 30% is a good profit margin for wholesale.
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I would say a minimum of 30 % should be as FBA fees increased now and also we have to pay fuel and inflation surcharges now against each FBA product that is shipped.
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