Difference between revisions of "Mark-up pricing"

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Latest revision as of 20:00, 27 August 2020

Mark-up pricing rules just take the product or service's costs and mark them up by a margin percentage. This margin percentage may be standard for the industry, or related to what you are used to, or what you need to make your forecasted profit at the forecasted revenue for your venture.

Part of M6-S8 - Reading - Lodish - Entrepreneurial pricing- an often misused way to garner extraordinary profits