Register now or log in to join your professional community.
1- Well, the most important point is you have to know the difference between the cost and the price of the product you want to sell, and try to buy with a price that will cover only supplier cost and not more than1% of its Variable cost , which will be the margin profit for him.
2- you can also try to maintain the "price birthday " increase each year and not allowing suppliers to adds up % each year .
Always make sure that you are well informed and your source is the best possible knowledge powerhouse, then understand the cultural difference and background of the people around you .. always bargain at every possible outlet etc.. these should help sharpen your sword.
