Posted by OT [FREE] on March 26, 1999 at 16:55:13 {IKVIoj.H06xsis8Za51wMW2HO7vhNEkX2}:
In Reply to: Where is the money? posted by HarryHoudini on March 26, 1999 at 00:01:15:
Here in Oz we sell them at $.40 each.
The cost to produce is about $.04 each.
Don't forget there is no labour cost, the paper is bought without paying tax and the ink they make themselves from material where no tax has been paid.
The machinery has been bought without paying tax and the maintenance is also done without labour cost.
There are no middlemen/distributers who demand a share and the salesmen think they are working for jehovah. Every magazine is paid for on pickup wether sold on or not.
Whatever crappy book they produce, quality or not they have a quarateed sale of at least 6,000,000 so they print in large runs again keeping costs to a minimum.
How can you not make a huge profit under these conditions?
Where do they hide the money?
The FDS class live in 6star luxury hotels and travel continuously around the world but still they can't take it with them when they kick the bucket so where is all the money?
Just
wondrin OT