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]

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:)

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.

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:eek:

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.

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] :(

Jewellery was the same - 100%

PC's are just as bad.

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

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

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

I miss being a student :(

Ok thanks.....interesting reading:)

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.

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

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.

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

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......

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

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