I should make a website that shows crack prices across the usa on a map. I could open it up to submissions and build a dataset of what people charge for crack. Then get a perfect business plan. Corner the crack market. Oh wow I know what im gonna do with the rest of my life mom!
Even ignoring the likelihood of being murdered, illegal drug arbitrage is going to be low margin for the amount of risk involved. Most of the profit is with the manufacturers and distributors.
You can only get cocaine from the South American cartels. No local production with vertical integration is impossible. You can only cut into street level as a producer and direct customer interface is the only viable business model. That competition would be a direct with likewise retailers. Yes, buying from the producers of raw material and locally producing the finished good has a considerable profit margin, but your direct competition is established brands that have no problem capping a fool stepping on their block. Distancing yourself from the customer-facing business only decreases profit margin and risk, but unavoidable turnover would mandate a more direct customer interface in order to maximize profit margins by absorbing considerable risk.
Emerald@lemmy.world 1 year ago
I should make a website that shows crack prices across the usa on a map. I could open it up to submissions and build a dataset of what people charge for crack. Then get a perfect business plan. Corner the crack market. Oh wow I know what im gonna do with the rest of my life mom!
Death_Equity@lemmy.world 1 year ago
Crack is cheap unless you are in the nice suburbs. Not much variation in price otherwise.
Your competition would not take kindly to your business. See inner city violence.
Emerald@lemmy.world 1 year ago
then I won’t sell in the neighborhood. I’ll start a website, getgoodcrack4me.biz
Schadrach@lemmy.sdf.org 1 year ago
Even ignoring the likelihood of being murdered, illegal drug arbitrage is going to be low margin for the amount of risk involved. Most of the profit is with the manufacturers and distributors.
Death_Equity@lemmy.world 1 year ago
You can only get cocaine from the South American cartels. No local production with vertical integration is impossible. You can only cut into street level as a producer and direct customer interface is the only viable business model. That competition would be a direct with likewise retailers. Yes, buying from the producers of raw material and locally producing the finished good has a considerable profit margin, but your direct competition is established brands that have no problem capping a fool stepping on their block. Distancing yourself from the customer-facing business only decreases profit margin and risk, but unavoidable turnover would mandate a more direct customer interface in order to maximize profit margins by absorbing considerable risk.