Home – New Forums Marketing mastery About mark up price to wholesale buyer

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  • #991338
    Michael013
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    I am making some souvenir goods for Australia Market.
    Is any one know the proper mark up price to the wholesaler(Not retailer).

    #1181086
    ThexArm
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    That is an interesting question you are asking. What if I say 20%, would you do that?

    There won’t be a one %. Different people charge differently. It can work as a competitive advantage as well if you know how to use it.

    You need to work out your costs and then look at market for similar products and its prices. Then try to work out a price that you think is adequate.

    #1181087
    arrowwise
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    There is no blanked formula. It is best to work backwards on what similar products are wholesaling for, what your market is prepared to pay, and your target margins to be profitable. This should help you define that magic percentage, which may range between 15 & 40% depending volume/spend.

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