PDA

View Full Version : Sales & Pricing 101


INTEGRA Bespoke Lighting
01-28-2008, 10:38 AM
I came across this information a while ago. Thought I would post it here for the benefit of all.

Have a great day.

MARKUP AND MARGIN
What is the difference?
Markup is a percentage of the cost.
Margin is the same dollar amount expressed as a percentage of the selling price.

Example
Item costs $1.00 Items sells for $1.50.
Markup is .50 or 50 percent of the cost.
Margin is .50 or 33 a percent of the selling price.

http://www.canadabusiness.ca/servlet/ContentServer?pagename=CBSC_ON%2Fdisplay&lang=en&cid=1081945276115&c=GuideFactSheet

Pro-Scapes
01-28-2008, 08:32 PM
James... your a total scholar and a gentelman. This was far to confusing before. :)


sales and pricing 102 is now a sticky above.