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Products & Services | Pricing
Finding the Right Price for Your Retail Products
You often see or hear retailers' advertisements that promise you "quality merchandise at a fair price." Well, just what is a "fair price?" As you enter the retailing arena, you will soon learn that there really is no universally accepted definition. Most retailers use a 50 percent markup, but be certain you calculate yours correctly.
Publisher(s): Entrepreneur.com Keyword(s): Pricing , Profit Margin , Retail
Author(s): Ronald L. Bond Category: Products & Services
Content Provider: Entrepreneur.com Subcategory: Pricing
Copyright Date: 05-25-2008 Save For Later:
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