Talk:Markup (business)

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Contents 1 Missing information 2 Clarification Requested 3 What is more common: on cost vs on price 4 Wikification, Cleanup 5 Markup Cleanup

[edit] Missing information

There used to be a more complete explanation of markup formula. I will have to compare the earlier versions, but I believe there is relevant information which has been deleted.

Swfong 15:43, 18 June 2007 (UTC)

[edit] Clarification Requested

Perhaps I'm a bit thick headed today, but I find this article a bit ambiguous in the way it refers to price.

I would feel much better if most of the references to price were more specific such as "sales price", "cost price", "list price", etc.

--Jaxhere 14:14, 3 January 2006 (UTC)

[edit] What is more common: on cost vs on price

The article seems to indicate that markup based on sales price is more common, making markup and margin synonymous. I am curious as to which definition is more common in the retail industry. Kent Wang 03:58, 13 June 2006 (UTC)

http://www.styleforum.net/showthread.php?p=205904#post205904

[edit] Wikification, Cleanup

I tried to do a bit of wikification and cleanup on this article, but it needs more work, as well as sources. JubalHarshaw 22:59, 26 August 2006 (UTC)

[edit] Markup Cleanup

I am going to work on this topic. In answer to the question on using markup based on retail or cost from Kent Wang, it is more common to use intended retail selling price for initial markup (IMU) and actual selling price to determine attained gross profits. The value is that this allows you to be consistent with financial statement percentages which typically use Total Revenue as the divisor on the P&L.

Mygolfretailguru 16:34, 7 June 2007 (UTC)