I always smile when I read bout 2,000% profit/markup and how heated people get - makes me realise how little people actually know about what happens in retail. (back story: I come from a family that has a 'family' buisness of 200 stores in the UK, which the family actually sold for many many millions about 10 years ago).
I was asked by my father to write a program that would allow him to correctly price up some bespoke furniture, a bedroom or lounge etc. He wanted to make sure he a had a fast way of calculating the real price, so he could do his selling. When I had the software ready I aked him to give me the base proces for the items in the various ranges - and I had to check back, as the base prices for a range that sold for £8,000 was the SAME as the price for a £900 range. And the reply was, 'of course its the same, we make only 100% markup on the £900 range, which is the one that draws people into the shop, the salesmans job is to switch the customer to buy the £8,000 range'. Thats one of those moments you never forget! BT -- BigTony We're Only In It For The Music! www.zappateers.com ------------------------------------------------------------------------ BigTony's Profile: http://forums.slimdevices.com/member.php?userid=10638 View this thread: http://forums.slimdevices.com/showthread.php?t=45323
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