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chadholcombe

Mark up % vs. Gross Margin.

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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

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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 :twocents:

JSC

:)

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