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by Andrew_nenakhov
2357 days ago
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The rate of customers who make additional purchases is closer to 50%. Source: I know a guy who runs a gas station. Profits from additional sales are bigger than from selling gas: they have 3-4% margin selling gas and 30-70% margin selling additional products. Coffee, wiping cloths, chocolate bars, etc. |
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He was a franchise, so his gas margin was even lower, closer to 1-2%. And yes, most of the profit came from inside sales where the margins were 50%+ or higher.