boshibo@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · edit-23 days agoWhat is the most profitable industry in the world? Not oil, not IT, not pharma. It's scientific publishing.lemmy.worldimagemessage-square12fedilinkarrow-up1210arrow-down18file-text
arrow-up1202arrow-down1imageWhat is the most profitable industry in the world? Not oil, not IT, not pharma. It's scientific publishing.lemmy.worldboshibo@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · edit-23 days agomessage-square12fedilinkfile-text
minus-squarefinitebanjo@piefed.worldlinkfedilinkEnglisharrow-up11·3 days agoI feel like there are a lot higher percentages out there. What about those dudes selling specialized bulbs and car electronics for $38 that probably cost $0.08 to produce?
minus-squaretyler@programming.devlinkfedilinkEnglisharrow-up6·2 days agoYeah I’m pretty sure this chart is incorrect. For example bizbuysell states that vending machines have much higher profit margins, with the low end being almost 50%. https://www.bizbuysell.com/learning-center/most-profitable-businesses/ So either Cornell is measuring differently or they’re not including certain industries.
I feel like there are a lot higher percentages out there. What about those dudes selling specialized bulbs and car electronics for $38 that probably cost $0.08 to produce?
Yeah I’m pretty sure this chart is incorrect. For example bizbuysell states that vending machines have much higher profit margins, with the low end being almost 50%. https://www.bizbuysell.com/learning-center/most-profitable-businesses/
So either Cornell is measuring differently or they’re not including certain industries.