I mean sure but also these numbers are made up? Most physical product works on a 60-80% margin
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I was basing this on my experience as a snowboard retailer. Margins on sporting goods are generally around 30%. https://ycharts.com/companies/DKS/gross_profit_margin …
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Exactly, especially for a small business or solo the margins can be killer
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And scale can mean rapidly decreasing cost of goods sold also
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What app is this? :)
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A digital product could probably do 100x less in sales $ and still make more than a cafe/restaurant!
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What types of digital goods are performing better?
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Yeah but if you do have hardware why not work on getting 80/90% margin on your software? If the product is viable.
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