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Subject:
Re: Retail Markup (was Re: Glasgow Museums UK -Reply)
From:
RJ- <[log in to unmask]>
Reply To:
Museum discussion list <[log in to unmask]>
Date:
Tue, 12 Aug 1997 12:50:24 -0500
Content-Type:
TEXT/PLAIN
Parts/Attachments:
TEXT/PLAIN (17 lines) 
On Tue, 12 Aug 1997, Hodcarry wrote:

:| Actually doubling a price (cost $5 retail $10) is a  50% markup and is the
:| goal in many retail areas.

A small nit to pick here: the percentage mark-up is based on the
base cost, not the retail price.

So that is a 100% mark-up.

Which is still the goal in many areas. :-)

Rich "Unless they can get more" Johnson
Director of Marketing
Cotton Expressions, Ltd.
312-850-2545

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