Sales & Pricing 101

Discussion in 'Landscape Lighting' started by INTEGRA Bespoke Lighting, Jan 28, 2008.

  1. INTEGRA Bespoke Lighting

    INTEGRA Bespoke Lighting LawnSite Platinum Member
    Messages: 4,102

    I came across this information a while ago. Thought I would post it here for the benefit of all.

    Have a great day.

    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.

    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.
  2. Pro-Scapes

    Pro-Scapes LawnSite Platinum Member
    Messages: 4,180

    James... your a total scholar and a gentelman. This was far to confusing before. :)

    sales and pricing 102 is now a sticky above.

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