What is the most profitable industry in the world? Not oil, not IT, not pharma. It's scientific publishing.
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https://lemmy.world/pictrs/image/4a8e180c-f3d5-49b5-8231-10568c36a681.jpeg
Source: Cornell University
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.