QUOTE(empire @ Nov 18 2010, 02:13 PM)
I think all future Chinese instrument students (regardless of age) should view this thread b4 they are fleeced by dishonest music teachers.
Empire : u should go easy on the teachers / dealers.... they also need to make a living too Bru . Afterall willing buyer willing seller meh.To me 30% profit not really steep lar as this is wat my margin normally .. eventhough sometimes I do enjoy obsence margin.
in my business.. ...depends how well i market it to my client.
I'm sure ur margin is more than 50%... right ..[deep inside ur heart will gives u the answer]
They have to cough out the initial capital and hoping for the 'promise' margin. The worse is they have to take risk when nobody
is willing to buy wat they have stock up.... the bank will pays interest ... the goods won't .
incident such as fire, flood, etc.... total loss lar...
How often someone comes knockin his door for a guzheng ? Even Woh Fatt or Do Re Mi margin also about 20% or more when u look into
their price tags in details if comparing to the net price... esp. strings for instruments.
Goods purchase from Singapore will be subjected to 7% GST and cannot be refunded unless travel by air if I'm not wrong.
So after deductin bits and pieces here and there ... he only takes a cut about say 15% to 20% lar... quite fair .. on top
have to do after sales service such as tuning or sometimes help changing strings,etc.... just like our faceless bru.askin his teacher
to sharpen his blunt sword for free and not even shoutin a cup of tea to the oldman in return.... certainly the oldman will thinks must well
go and have a nap or 'blow water' under the raintree with the kakis also more syiok.
When i see doctor also need to pay consultation fees lar.
My humble opinion in business there is never such a thing right or wrong... it depends on which angle u r viewing.
If there is any store in KampungKUL tat sells any instrument i want example SB#10B I will definitely buy it from them even knowing
paying 25% extra.... tat's how i build my relationship wit Alan and Chin.... sometimes we can't be too calculative.
This post has been edited by subangman: Nov 18 2010, 09:01 PM
Nov 18 2010, 06:38 PM

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