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Profit Margin In Repairing LCD Monitor, LED TV and LCD TV

By Jestine Yong on August 10, 2013

DOES LCD MONITOR OR LED TV OR LCD TV REPAIR MARGINS IS GOOD or not? I heard there is 200% profit margin. Which repair field is good, to take it seriously for repair for the coming 10 years.

Answer:

It depends on your operating cost and many other factors. Some charge cheaper while to some will charge more expensive. Total number of parts replaced, the size of the TV and the time taken to finish the TV you need to take into consideration. One need to follow the market trend. If the market trend is toward to LED technologies then you need to stay up to date on that particular trend.

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5 Comments

Amir Mukhtar

August 11, 2013 at 6:49 am

Sir, Jestine
the above issue is too important in Business. Because Time is money and Money is the everything in whole Life now a days.
But, One thing need to be considered please and Convey from your website to ERG Members.
More Expensive Repairing Charges will destroy the Repair Center and its belongings. therefore, charges will be offered Economically with respect to Customer's Out-Fits and Status. If Charges will collect too costly from middle class guy except rich peoples then majority will change own equipments with new replacement offers. Due to this repairer will die and business also destruct with him.
Think about it and Charges will be Charged Economically to increase customers Policy. its an advice for all including me.

thanks you
Amir Mukhtar Ashrafi

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- Jestine Yong
  
  August 11, 2013 at 4:58 pm
  
  HI Amir,
  
  Each repair shop is different in the operating cost. Those who have workers with an office will definitely charge higher than the one who run the business from home.
  
  Jestine
  
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Waleed Rishmawi

August 12, 2013 at 5:08 pm

that is why it is very important to tell the customers the cost of the repair before doing the actual repair. in my shop, when I repair something for example, an LCD monitor. I check in the market and see how much a brand new LCD monitor cost and try to keep the cost of the repair down so the customer will not think twice about repairing. then I call custmer and let him know how much the repair will cost. even with the cost of the repair down, I still make good money simply because I get more LCD monitors to repair. so less cost and more equipment to repair.

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- Jestine Yong
  
  August 12, 2013 at 8:00 pm
  
  HI Waleed,
  You are absolutely right.
  
  Jestine
  
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- Amir Mukhtar
  
  August 13, 2013 at 12:37 pm
  
  Thank you Mr. Waleed
  My Thinking is also same with you . because Customer is always right. Due to this repair cost will be minimal with respect to customer status and device original cost.
  
  i got more tips also from your comments.
  
  thanks you Sir jestine for provide more views and mr. waleed.
  
  thanks you
  Amir Mukhtar Ashrafi
  
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