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Anyone understand the term pricing mark up?? please explain to me :)

(4 Posts)
Upsadaisy Mon 11-Aug-08 13:23:33

Hi

have a wholesaler but they are stipulating a 2.35% mark up. My first wholesaler so don't have a clue and was too embarassed to ask what it meant....doh

anyone please explain it to me I would be very grateful

CountessDracula Mon 11-Aug-08 13:24:45

Do you mean they insist you apply this mark up?

Or that they will mark it up by this much and take the money?

LIZS Mon 11-Aug-08 13:25:40

are you sure it is a % and not a multiplier to their retail price ?

Upsadaisy Mon 11-Aug-08 13:56:18

they are insisting on the mark up and maybe it is a multiplier as thats, what was confusing me as 2.35 % is not much. As a mulitplier that would make sense.
I'm going to have to ring them to double check. Thanks guys

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