chadholcombe Posted March 24, 2009 Report Share Posted March 24, 2009 How many of you guys that sale to stores are using gross margin to calculate your pricing. Just wondering what most people are doing. Mark up percentage or gross margin. Thanks in advance guys! Quote Link to comment Share on other sites More sharing options...
Vodkaman Posted March 24, 2009 Report Share Posted March 24, 2009 You have to work out how much money you want per pack or what ever, along with the cost to manufacture the pack including packaging etc, how much has to be set aside for Mr taxman and finally, how much the retailer wants. Then calculate the figure that balances the equation. The above is for small time. If you are going BIG time, you will also need to factor in utility bills, protective clothing, tools, wear and tear etc. If the retail price cannot support all the above, then it is not worth doing. Dave Quote Link to comment Share on other sites More sharing options...
JSC Posted March 25, 2009 Report Share Posted March 25, 2009 Every thing V man said plus the standard mark up for the tackle industry :: Retailer 40% on what he sells it for (Sell for $1 cost .60). Wholesaler buys (standard with out other discounts) is 50% & 10% off of SRP (sugested retail price) which he sells to the dealer as above 40% off of SRP. A mfg sales rep gets 10% if you have one. The above is basic .. remember what you are selling has to be competitive with in reason. My JSC Quote Link to comment Share on other sites More sharing options...