InvisibleMan

buying a typical £14.99 album
to make the cd £1
artist/management £3.99
Distributor buys for £4.99
Shop adds on the rest £10+

[Edited by InvisibleMan - 9/5/2002 7:19:47 PM]

paulr

Anyone in "the know".
I was talking to a guy last night in the furniture business and the items he sells to the high street are increased 250% before they are displayed in the shop window.(he makes small pieces of furniture)

Anyone know the mark-up on any other items/goods.Just wondered like

boxst

Hello

I was always told the average mark-up is about 30%.

It depends what you are buying. Cars is around 10% for example, apart from Ford which was nearer 25%.

Steve.

P20SPD

iTrader: (1)

Like he says it depends, when i 1st started accountancy we had a client who used to clothes a twice the price he paid for them, ie 100% mark up, and shoes at 2 1/5 times the cost, ie 150% mark up. These were quite top name brands as well

P1Fanatic

My bro works in a surf shop and when he gets new stock in he checks the price they paid and doubles it so 100% mark up.

Neil Smalley

10 year old kids making brand name T shirts for 50p a day in the Far East
Brand name T shirt is 40 quid. Do the maths [img]images/smilies/mad.gif[/img]

The Zohan

Jewellery was the same - 100%

Little Miss WRX

PC's are just as bad.

The mark up for an end user - even direct from a PC company is huge.

asifR

well if certain shops have a 50% off sale at xmas/summer time, such as Next,

they are still making a profit.......so it must b a high mark-up

Little Miss WRX

Plus being able to give students a 10% discount on a few things!!!

I miss being a student

paulr

Ok thanks.....interesting reading

David Lock

It's at the fast food end that is interesting... A pre-baked frozen potato is around 12 - 15p to buy in bulk. Into oven or micro add 10 p worth of topping and sell for £3.50! A decent coffee costs say 11p to make. A cup of tea around 1p. Compare that with what you pay in the shopping mall. To be fair overheads are huge. David.

Nigel H

Electrical goods (TV HiFi etc) is much lower than this - about 10 to 20% IIRC

Makalu

Most high street stores make at least 100% mark up - sometimes much more (CD's are one example... they cost only 30p to make!)

Car accesory and Tuning companies (one thats close to my heart) also make 100% mark up on most items they sell (regardless of what they tell you... ever seen a bloke who owns a tuning company in crap car?)

Car dealers differ according to brand and(if you believe them)range from just 10% up to around 35%... however - how come they can sell cars so much cheaper abroad and still run a profitable business?

Mak.

The Zohan

Quote
'Electrical goods (TV HiFi etc) is much lower than this - about 10 to 20% IIRC'

Yep, thats why a lot of them push the so called warranties so hard, that where the money lies

TV costing £ 800.00, profit of £ 150.00
Warranty costing £ 200.00 which effectivly is an insurance.

Mosat electtrical goods go wrong in the first year or after 4 years or so, so they are laughing all the way to the bank!

Paul

David Lock

I was recently charged 20 p to put air in my tyres!!

"How on earth can you charge that much?" I demanded.



"Well that's inflation for you, sir"


Sorry......

DavidLewis

On average, your local grocery store (Londis, Spar, Costcutter etc)will make between 20-30% gross profit on turnover. God knows what Tescos markup is

AudiMan

Electrical goods vary, PS1 sold at cost, PS2 about 20%, large brand TV, video, hifi, upto 150% markup, this I know for a fact.