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By (user no longer on site)
over a year ago
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Just goes to show what sort of mark up tesco and the other big boys apply. They are great for washing up liquid etc, why but these things from morisons? (as an example) |
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By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"Just goes to show what sort of mark up tesco and the other big boys apply. They are great for washing up liquid etc, why but these things from morisons? (as an example)"
I found it was less expensive to buy Waitrose own washing up liquid (59p) rather than the same size from the Pound Shop.
The programme is looking at our psychology as well as theirs. |
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By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"I have just heard that they seek and achieve a 40% margin!
In my old job I'd usually have been disappointed with that."
This was from one of the little independent ones that are now being squeezed out of the market. PoundLand and 99p Stores did not give their margins.
What would be a good margin for you? |
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By (user no longer on site)
over a year ago
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Margins depend on turnover, very little margin in cigarettes or petrol, but massive turnover. Perishable goods or slow moving items often have 100% upwards |
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By (user no longer on site)
over a year ago
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"I have just heard that they seek and achieve a 40% margin!
In my old job I'd usually have been disappointed with that.
This was from one of the little independent ones that are now being squeezed out of the market. PoundLand and 99p Stores did not give their margins.
What would be a good margin for you?"
It would depend what I was selling. For things that are only a couple of quid to buy in, I'd double it at least. There are things you can buy for four quid and sell for 25 with a straight face, and nobody questions it.
Granted, when you get to more expensive things you're only making a handful of change on some. With some power tools for example it's virtually impossible to make more than 5 or 6% on them, if that. |
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By (user no longer on site)
over a year ago
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"On R4 now - it was first broadcast last month.
I have just heard that they seek and achieve a 40% margin!"
Did they definitely say margin and not profit? Most will talk in profit on return terms not mark up. 40% profit on return is good whereas 40% markup is not quite the same. |
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