Question
I am thinking on a twist of the group buying concept however I do not really know about the prices I could get in the tech world for popular products such as smartphones, tablets, TV etc... compared to retail price?
And would there be any minimum price requirements on my ends?
Also are there any other requirements or can simply anyone contact the manufacturer n get a quote?
Thanks a lot.
Answer
It depends on the Brand and Manufacture. If the Brand is desperate to liquidate the stock, then you can get bottom rock prices. You should do lot of analysis on the current selling price and your expected margin before negotiating the deal with the brand. Prices in electronics is always volatile. Even if you get a low price, you should have action plan to quickly clear the stock.
