Economics of doing E-business thru Amazon

This should be some eye-opener for those who are doing e-business thru Amazon:
Month Inv Value of Goods Tax Amazon fees Net receipt by us
Jul 51534 14430 13875 37659
Aug 60960 14983 20295 40665
Sep 56193 16398 24916 31277
Oct 72607 16791 26541 46066
Total 241294 62602 85627 155667
% of Inv
Value 100 26 35 65
Amazon made 35% of the Invoice value of goods and we 65%. We had not kept big margin in our price, So we ended up in loss in all the 4 months. more  

It is dropshipping through use of technology that gives the economic benefits all the other things apart. https://www.dailypioneer.com/2024/columnists/dropshipping--the-human-touch-in-a-digital-era.html more  
pls put invoice more  
You need to negotiate harder with Amazon. more  
Post a Comment

Related Posts

    • GST popcorn indicative of bigger issue

      The GST hair splitting over Popcorn is but a symbol of how theGovt has spectacularly failed in taming the bureaucracy. In 2014 when this Govt came to power they promised to make simpler laws. And t...

      By Ruchika L Maheshwari
      /
    • GST rules are stupid

      GST rules are most stupid. See how GST varies for chocolate cake based on where you order it from. This government has made a mess out of GST.

      By Ruchika L Maheshwari
      /
    • Get this guys

      Govt consdiering: Recommendations to increase GST on Tobacco and Tobacco products to 35% from 28% Aerated Beverages GST also expected to rise to 35% Govt may consid...

      By Sudesh Rai
      /
    • Corruption in GST

      GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .

      By Rajeev Bhargava
      /
    • Taxation is hell

      Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...

      By Naina Mittal
      /
    • Corruption in gst

      According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...

      By Naina Mittal
      /
    • Is there a GST bribe rate card now

      You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...

      By Naina Mittal
      /
    • GST cancellation

      Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...

      By Naina Mittal
      /
    • By Sudesh Rai
      /
    • Small Business and cost of compliance

      My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...

      By Sudesh Rai
      /
    • Does GST benefit rich

      Interesting how poor people and commoners pay GST on pretty much everything they buy from biscuits to namkeen, milk to grocery And rich buys iPhone, Luxury Cars, etc as Business Expenses...

      By Sudesh Rai
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)