Francis: ScrapbookSteals margins are higher due to local Utah suppliers
Jana Francis · This Mom of 3 Does Clever Thing Each Morning, Has Made $76 Million with Jana Francis of Steals.com EP 244 · Apr 20, 2016 · at 8:54
Jana Francis explains to Nathan Latka why ScrapbookSteals achieves superior profit margins compared to other daily deal verticals.
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“We have a much better margin on our scrapbook steel site that just sells paper, right? Exactly. And so that, that's a, we get a lot better margin on that site, mainly because partially our friction costs aren't as high, are because most of the scrapbooking brands are located here in Utah. So we're not having to bring in and pay for a lot of freight associated with scrapbook steels.”
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