Street Vendor Question

Larry

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Mar 22, 2002
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Does anyone know how much or what percentage of each item sold the street vendors get for selling phone cards and newspapers?

Larry
 

Ruffino1974

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Jun 7, 2003
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Larry,
can't say exactly what they get and you probally won't get a straight answer..alot are contractors or sub-contractors or partners with their own deals among themselves..

What I can say is that both verizon and codetel are now paying 8% commission to us when we sell their cards in our shops. The rep. says that the deal is fixed and everyone gets the same...so if you believe that the person who is getting the cards directly from the company is probally getting 8% also.

Hope this helps..

Rich
 

Larry

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Mar 22, 2002
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Ruffino1974 said:
Larry,
can't say exactly what they get and you probally won't get a straight answer..alot are contractors or sub-contractors or partners with their own deals among themselves..

What I can say is that both verizon and codetel are now paying 8% commission to us when we sell their cards in our shops. The rep. says that the deal is fixed and everyone gets the same...so if you believe that the person who is getting the cards directly from the company is probally getting 8% also.

Hope this helps..

Rich


Rich,

Thank you very much.

Any more info from anyone appreciated.

Larry
 

johne

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Jun 28, 2003
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we are getting

Larry said:
Does anyone know how much or what percentage of each item sold the street vendors get for selling phone cards and newspapers?

Larry
8 % on phone cards sold in our store in SD
JOHN
 

Ruffino1974

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Jun 7, 2003
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yes..we were also getting 10 % originally...they have recently all reduced the commissions to 8%...


Rich
 

Larry

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Mar 22, 2002
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Ok, thanks everyone for the info.

I assume the vendors on the street are getting the same 8% commission for selling phone cards.

Larry
 

HOWMAR

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Jan 28, 2004
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Larry said:
I assume the vendors on the street are getting the same 8% commission for selling phone cards. Larry
Unless they are subcontracting the cards from a local store i.e., their wife's uncle's sister's colmado. They may be splitting the 8%.
 

Chirimoya

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Dec 9, 2002
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In the capital at least, most of them are issued promotional uniforms and all sorts of corporate accessories, so I would guess they're in direct contact with the companies. Colmados only get the display cases.
 

HOWMAR

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Chirimoya said:
In the capital at least, most of them are issued promotional uniforms and all sorts of corporate accessories, so I would guess they're in direct contact with the companies. Colmados only get the display cases.
In Puerto Plata they look like squeegee guys with a side-line. Usually displaying the cards on a stick with clips.
 

Larry

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Mar 22, 2002
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Chirimoya said:
In the capital at least, most of them are issued promotional uniforms and all sorts of corporate accessories, so I would guess they're in direct contact with the companies. Colmados only get the display cases.

Right, I assume they deal directly with the companies but I will just ask one of them myself how much he is getting.....He probably wont know....lol.

Larry
 

Chirimoya

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It's possible there could be middlemen who deal directly with the companies and farm out the cards and the uniforms to the vendors.
 

Larry

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Larry said:
Does anyone know how much or what percentage of each item sold the street vendors get for selling phone cards and newspapers?

Larry

Bumping this thread in case anyone might not have seen it before and know for sure what % the guys on the street are getting.

I think this evening I will approach a few and ask them directly. I was hoping to avoid that as I expect to be recieved with puzzled looks.:squareeye

Larry