Out of curiosity, is that 5% profit on wholesale price or 5% profit net of wholesale price + expenses/overheads?
If it’s the former, it’s pretty depressing stuff.
Former, so if you pay by say paypal/amazon or certain credit cards it is even less profit. When I say profit I literally just mean the OcUK landed cost, our landed cost is just the cost of product plus shipping. Overheads are not calculated into that! That is why so many companies have gone bust in the past year as they were selling everything at under 10% margin, which once you calculate in overheads they were simply drowning.
OcUK has a good business model as we make good margin typically but at the same time we do what we can, when we can to bring good deals.