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Products with the biggest mark up?
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By (user no longer on site)
over a year ago
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"I read somewhere that razor blades are a huge mark up on the price they are made for. Is there any other products that have a huge mark up?"
Almost everything you buy regularly I think ![](/icons/s/wink.gif) |
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By (user no longer on site)
over a year ago
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Surely it's razor blades?With other stuff like coffee etc you can often get them on specials in the supermarket.You never get blades on special offer... ![](/icons/s/sad.gif) |
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By (user no longer on site)
over a year ago
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The chicken used in KFC. I heard a few years back that, as KFC owns all the farms it gets it's chickens from, the cost of rearing one was 17p!!! Then see how many pieces they get from just one bird - more than you and I would manage.
ted. |
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By (user no longer on site)
over a year ago
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Food in pubs is around 100% minimum mark up.
Coffee costs around 35p a cup for the likes of costa to make yet retail £4.
Don't know the razor blade mark up
But need to buy some so good reminder thanks ![](/icons/s/biggrin.gif) |
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The average regular Latte costs between 19p and 24p to make and sells for Ten times that, but you are paying for the overheads and staff costs of a coffee shop.
Cut flowers, good mark up but terrible wastage.
Premium chocolate bars can be a high mark up, but cheap confectionary like Cadburys products, Mars bars etc have a very poor profit margin for a retailer. |
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By (user no longer on site)
over a year ago
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Diamond rings. A ring at £3000 in the window is bought at £1000 plus vat.
Any jewellery item really. A watch battery, for example costs 59p. To get it stuck in an Armani non water resistant watch at a jewellers that I used to work in was £35. Takes around 2 mins to do.
Just remember if you are buying a gift of jewellery, the price you see in the window isn't the price you have to pay. I've seen as much as 20% be taken off a watch of around £1500+ just to get the sale. Always haggle, and if in a shopping mall, play the jewellers off each other. They all want the money in their till. |
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"I've often wondered why it costs the better part of a tenner to go to the cinema. Can anyone explain please.
"
The cost of showing the film I think cinemas have to pay a certain fee to the people that make the movie to show it...which I understand is a huge fee.....plus staff costs etc |
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"I've often wondered why it costs the better part of a tenner to go to the cinema. Can anyone explain please.
"
Cos it costs less than a penny to fill that popcorn bag and there greedy barstewards I'll leave u to work out the mark up |
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By *nnyMan
over a year ago
Glasgow |
"I've often wondered why it costs the better part of a tenner to go to the cinema. Can anyone explain please.
The cost of showing the film I think cinemas have to pay a certain fee to the people that make the movie to show it...which I understand is a huge fee.....plus staff costs etc "
And cos people will pay it. |
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By (user no longer on site)
over a year ago
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"I've often wondered why it costs the better part of a tenner to go to the cinema. Can anyone explain please.
"
cost of premises
business rates,
electricity.
wages,
hire of film,
20% VAT
tax
investment,
bank charges
interest.
oh yes there in business to make a profit too. |
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By (user no longer on site)
over a year ago
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"Pizza ....... the average contents/toppings for a large pizza costs around 10p plus gas/electric to cook it ......... average price is £14:99 upwards"
I doubt fillings for a large pizza costs 10p. |
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By (user no longer on site)
over a year ago
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"Cigarettes and alcohol,
Oh!and petrol. "
profit on fags is about 5p in the pound, hardly extortinate, its tax that makes them expensive, which the retailer collects for the govt. |
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By (user no longer on site)
over a year ago
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"Diamond rings. A ring at £3000 in the window is bought at £1000 plus vat.
Any jewellery item really. A watch battery, for example costs 59p. To get it stuck in an Armani non water resistant watch at a jewellers that I used to work in was £35. Takes around 2 mins to do.
Just remember if you are buying a gift of jewellery, the price you see in the window isn't the price you have to pay. I've seen as much as 20% be taken off a watch of around £1500+ just to get the sale. Always haggle, and if in a shopping mall, play the jewellers off each other. They all want the money in their till."
Perfectly true. I once haggled the price of a ring from £225 down to £130 !! |
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By (user no longer on site)
over a year ago
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"I read somewhere that razor blades are a huge mark up on the price they are made for. Is there any other products that have a huge mark up?"
Mens cock pics/size claims on Fab?
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"I've often wondered why it costs the better part of a tenner to go to the cinema. Can anyone explain please.
cost of premises
business rates,
electricity.
wages,
hire of film,
20% VAT
tax
investment,
bank charges
interest.
oh yes there in business to make a profit too."
Plus insurance, losses, and a lot of businesses in shopping centres have to pay a percentage of their profits, as well as rent, to the shopping centre. |
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being in manufacturing and retail for most of my working life I still haven't found anything as extortionate and rip off as service industries, they could certainly teach the retailers a lesson in imaginative accounting, lol, xxx |
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By (user no longer on site)
over a year ago
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Cinemas get barely anything for ticket sales, they make everything on snacks and arcade games
I would say crisps are the biggest mark up. You can buy a bag of potatoes for a quid, And I would say for a bag of 60p walkers crisps theres not even a quarter of 1 potato |
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By *ndykayMan
over a year ago
Falkirk |
"Cigarettes and alcohol,
Oh!and petrol.
profit on fags is about 5p in the pound, hardly extortinate, its tax that makes them expensive, which the retailer collects for the govt."
Petrol is the same, there isn't much mark up on fuel - it's mostly excise duty and tax and vat ![](/icons/s/cool.gif) |
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By (user no longer on site)
over a year ago
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when I take my nieces and nephews anywhere, I take sweets, popcorn etc, and if you are discreet never had a problem,
Mind you if money is a problem, why go to the cinema, nearly everyone has flat screen telly and can see most films from comfort of home,
just create a party mood, invite kids friends, make toffee apples and fresh popcorn, smell is delish, and you will be very popular ! |
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By (user no longer on site)
over a year ago
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Advertised prices are an invitation to buy, not a definitive price, Most retailers, ( of non food products ) double their cost price.
Every sq foot of retail space has a weekly expense. so retailers need to shift goods,
If you can speak to the business owner, possibly store manager, you can haggle, but make it worth while , ie, offer about 25% less for a product, but offer to buy 2 or more, make it worthwhile for the seller. and be flexible, accept display model, even if there is a scratch on it, This works well with white goods, |
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By (user no longer on site)
over a year ago
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Electric guitars! Well the good ones anyway...
A few years back Fender released a copy of a guitar that Eddie Van Halen built himself, most of the parts came out a reject bin and non of them fitted properly and it was wired up wrong. Total cost of the original was around $180 (including the cheap bicycle paint he used to paint it), cost of the Fender copy.....£15,000!!!
Same goes for their regular production models, the parts cost about £70 and a Stratocaster will cost you £850 for a basic model... |
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By *ndykayMan
over a year ago
Falkirk |
"Electric guitars! Well the good ones anyway...
A few years back Fender released a copy of a guitar that Eddie Van Halen built himself, most of the parts came out a reject bin and non of them fitted properly and it was wired up wrong. Total cost of the original was around $180 (including the cheap bicycle paint he used to paint it), cost of the Fender copy.....£15,000!!!
Same goes for their regular production models, the parts cost about £70 and a Stratocaster will cost you £850 for a basic model..."
People pay for the name - not the product ![](/icons/s/cool.gif) |
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By (user no longer on site)
over a year ago
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"Electric guitars! Well the good ones anyway...
A few years back Fender released a copy of a guitar that Eddie Van Halen built himself, most of the parts came out a reject bin and non of them fitted properly and it was wired up wrong. Total cost of the original was around $180 (including the cheap bicycle paint he used to paint it), cost of the Fender copy.....£15,000!!!
Same goes for their regular production models, the parts cost about £70 and a Stratocaster will cost you £850 for a basic model...
People pay for the name - not the product "
exactly
Heinze beans 50p
aldi beans 16p |
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By (user no longer on site)
over a year ago
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"Electric guitars! Well the good ones anyway...
A few years back Fender released a copy of a guitar that Eddie Van Halen built himself, most of the parts came out a reject bin and non of them fitted properly and it was wired up wrong. Total cost of the original was around $180 (including the cheap bicycle paint he used to paint it), cost of the Fender copy.....£15,000!!!
Same goes for their regular production models, the parts cost about £70 and a Stratocaster will cost you £850 for a basic model...
People pay for the name - not the product "
I know that, I'm not an idiot!...the question at the top of the thread is about markup, I was merely posting an example... |
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