ETC entertainment media & telecoms corporation limited

MorleyWhy and how would the margins return to your definition of...

  1. 2,738 Posts.
    Morley

    Why and how would the margins return to your definition of "normal" - when it's all been contracted and payments and amounts have been agreed upon?

    Re: margins -

    My cousin has his own IT business and he has developed a software program that is used in the corporate world.
    He is making a 90% plus margin on the sales of this program (not including recurring income)and his program has been selling for the last 7 years.
    His next price point will be up - not down.

    Also his program sells for half the price of an established leading competitor's program - which does the same thing, so he's been making huge inroads ( his sales were tripling each year over the first 3 or 4 years) - yet his margins are 90% plus..




 
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