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    1. OnlineHound is offline

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      What is the Profit margin on Supplements - Sports, Body building, Health

      What amount of profit margin should I expect to receive when I sell exercise and nutrition supplements? I know the market is competitive and there are a lot of sellers out there.
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    2. camguy is offline

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      The market is very competitive for supplements and vitamins. I do have some data to share with you on what you should expect for profit margin and sales volume.

      - There are many costs involved between the manufacture of a product and the final user of the product. Therefore, depending on if you have a physical store, a website, advertising or marketing expenses, and employees – your costs and profits could be very different.

      - Buying in bulk will give you more profit margins to work with. Negotiate with your suppliers to get the best cost possible.

      - Herbal supplements typically have a better profit margin because they are cheaper to make and distribute. Products like whey protein are more expensive and do not carry as much opportunity for a good profit margin.

      - You can expect to make only a very small profit on some products – anywhere from 1% to maybe 10% if you are lucky. On other products you might make as much as 30% or more if you can find the right niche market. Putting together the right mix of stock can help you balance your profit margins. This will probably be more trial and error work.

      - There appears to be a trend where the health food stores in small West Country or Yorkshire towns have had a great deal of success. If you can find an area that has not been saturated with competitors, you can make a good profit setting up a shop.

      Hopefully this will help.
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    3. OnlineHound is offline

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      Thanks for the information!

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