Hey guys, I am looking to open up an online retail store to sell performance and OEM diesel products. After working in the aftermarket industry for a good while, I have learned that most aftermarket parts are EXTREMELY marked up.
Anyways, I am having the hardest time coming up with a name. So I come to you. If I choose one of yours, I will paypal you $100.
I think your name sounds good that you have on here. TRP Performance. People seem to like the abbreviated names. Not sure what it stands for. Top Race Products?
My name is Taylor Reid Peyronel. Lol, so my username is simply made of my initials. But I do like the TRP being in the name. Thought of maybe Reid Diesel.
I've helped people come up with several names for small business including two of my own. You want to make sure it's easy to remember especially if online only. That's why abbreviated names are good for that, short and easy to remember. Just a tip...
I've helped people come up with several names for small business including two of my own. You want to make sure it's easy to remember especially if online only. That's why abbreviated names are good for that, short and easy to remember. Just a tip...
If TRP is your initals, it has the added benefit of being your name. Here in CA and many other places you dont have to file a Fictitious Business Name License or DBA if the name of the company has your personal name in it.
Hey guys, I am looking to open up an online retail store to sell performance and OEM diesel products. After working in the aftermarket industry for a good while, I have learned that most aftermarket parts are EXTREMELY marked up.
Anyways, I am having the hardest time coming up with a name. So I come to you. If I choose one of yours, I will paypal you $100.
Most retailers with an actual store mark-up 100% from wholesale. Factor in wages, rent/mortgage, utilities, property taxes, renovations, furnishings, etc will eat away at the mark-up margins pretty quickly. If all you're doing is taking orders and drop-shipping from the distributors/suppliers/manufacturers, then the only mark-up should be a 10% agent fee.
In any business I don't think you could survive with a mark up like that. Not with the internet being around. Nobody would buy from a said dealer with that kind of mark up. The middle man would simply be cut out. Most shops make little money on parts, they make their money in the shop on labor charges.
I know for sure 100% mark up does not exsist. However, the 40% is what I charged when I worked for a local shop and our prices were consistent with everyone in the area. I am not blabbing out numbers, I am sharing facts.
However, my intent is to not charge such an extreme mark up.
Thank you. I've been by your place before, I am pretty sure. Nice.
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