for example: if Wal Mart buys for $1 how much it sells product for? In different countries we see different margins- for ex in Israel the markup is more than 100% in toys.
Have you read?:
Retailing Simplified
for example: if Wal Mart buys for $1 how much it sells product for? In different countries we see different margins- for ex in Israel the markup is more than 100% in toys.
Have you read?:
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Hi there:
Rule of thumb for European Chain stores:
Selling price in China (FOB) x 5 = streetprice incl. VAT.
Basically it depends on products: Fast movers have a lower margin% than slow movers. High price products have a lower margin% than low price products. Margins can be anywhere between 5% and 250% (clothing… imagine; during end of season sales you can run into discounts of 50% or even higher. The retailer then still makes sufficient profit to get back his investment and pay his costs such as staff, rent, storage, breakdowns etc.
50% off the price means that he made AT LEAST MORE than 100% profit…)
Shorter answer… depends on the product, market, time of year, demand etc…