Bulk Goods vs. Luxury Products

icoon bulkHuge volumes of bulk goods such as grain, salt, herring, timber, and wine passed through the Amsterdam entrepôt and were traded. These bulk goods typically have a high turnover but low profit margins.

icoon luxeIn contrast, silk, leather, and diamonds are expensive luxuries. They weretraded in smaller volumes and had a low turnover, that is to say, they took a long time to sell, but then they offered high profit margins.

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