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Markup

usgb/ˈmɑːrkʌp/Volume
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LampPro Tip 1/3
Retail ContextPlay
Markup often relates to retail pricing. It includes costs to operate a store like rent, utilities, and employee wages. SlideThe boutique's markup helps cover the prime location rent.
LampPro Tip 2/3
Not Always ProfitPlay
A markup doesn't always signify profit; it can also mean covering business expenses. SlideAfter considering overheads, our markup isn't pure profit.
LampPro Tip 3/3
Price SensitivityPlay
High markups can deter customers if they feel a product isn't worth the extra cost. SlideShoppers noticed the high markup on designer jeans.