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Example below is using variable amounts entered in transaction amount, yearly sales, and average profit margin (highlighted). Enter your own numbers and give it a spin:
$
transaction amount (from sale of slow moving parts using
DealerMine
)
-
$
total expense (transaction amount at 50% discount + estimated 3% for shipping + 5% fee)
$
net cash
Profit!
ROI!
$
net cash (reinvested in fast moving parts)
x
$
yearly sales
$
gross sales (from reinvested cash)
$
gross sales
x
% average profit margin*
$
gross profit
$
gross profit
-
$
net loss (listed above)
$
net gain realized by using
DealerMine!
$
net gain
÷
$
transaction amount (listed above)
net ROI using
DealerMine
to sell your slow moving parts
It never pays to hold obsolescence, especially when there's a market for it. Let us turn your dust into gold.
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or call 1 (866) 936-9908.
* Calculations based on figures from Mike Nicholes “
Professional Inventory Management
” (2005)
© 2008 DealerMine Corporation (demo)