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Why isn the average mark-up meaningful?

April 26, 2017average mark-up meaningful

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Why isn the average mark-up meaningful?

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There are two considerations which (I believe) make this seemingly wonderful number much less valuable: 1) it’s based on MSRP, which you may or may not choose to charge; and 2) a 50% mark-up on a $3.00 item gives you a much smaller margin for error than 50% of $25.00.