Comments on: The Art of Retail Pricing http://www.thesunsfinancialdiary.com/shopping/the-art-of-retail-pricing/ Sat, 21 Nov 2009 20:14:32 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Online shopping junkie http://www.thesunsfinancialdiary.com/shopping/the-art-of-retail-pricing/comment-page-1/#comment-24649 Online shopping junkie Thu, 04 Oct 2007 19:50:49 +0000 http://www.thesunsfinancialdiary.com/2007/03/28/the-art-of-retail-pricing/#comment-24649 Thanks for posting this. I'm definitely going to keep these in mind for my next shopping trip! Thanks for posting this. I’m definitely going to keep these in mind for my next shopping trip!

]]> By: Tess http://www.thesunsfinancialdiary.com/shopping/the-art-of-retail-pricing/comment-page-1/#comment-11404 Tess Fri, 15 Jun 2007 19:58:19 +0000 http://www.thesunsfinancialdiary.com/2007/03/28/the-art-of-retail-pricing/#comment-11404 As a fashion design student, here is a little pricing tidbid for clothing, etc: My cost to make it $5 I sell it whole sale for $10 They sell it retail for $20 This can also be done by multiplying by 2.2 instead of just 2, making an actual price of $5 equal to a retail of $24.20 On another note, if you are buying from a big bog retailer, the markup is probably SIGNIFICANTLY higher.... they are still making a profit when they sell that crap to you for 60% off. Hope this makes you think twice about paying full retail for things you dont need :) As a fashion design student, here is a little pricing tidbid for clothing, etc:

My cost to make it $5
I sell it whole sale for $10
They sell it retail for $20

This can also be done by multiplying by 2.2 instead of just 2, making an actual price of $5 equal to a retail of $24.20

On another note, if you are buying from a big bog retailer, the markup is probably SIGNIFICANTLY higher…. they are still making a profit when they sell that crap to you for 60% off.

Hope this makes you think twice about paying full retail for things you dont need :)

]]> By: The Sunday Review #14: Warren Buffet Is Buying This Blog Edition at Money, Matter, and More Musings http://www.thesunsfinancialdiary.com/shopping/the-art-of-retail-pricing/comment-page-1/#comment-5381 The Sunday Review #14: Warren Buffet Is Buying This Blog Edition at Money, Matter, and More Musings Sun, 01 Apr 2007 10:26:11 +0000 http://www.thesunsfinancialdiary.com/2007/03/28/the-art-of-retail-pricing/#comment-5381 [...] (customers’) pockets get bigger. Another complementary post that voices similar concerns is The Art of Retail Pricing by Sun @ The Sun’s Financial Diary. It’s not just the”art” of retail [...] [...] (customers’) pockets get bigger. Another complementary post that voices similar concerns is The Art of Retail Pricing by Sun @ The Sun’s Financial Diary. It’s not just the”art” of retail [...]

]]> By: Money Articles and Personal Finance Picks for the End of March, 2007 » Silicon Valley Blog About Money http://www.thesunsfinancialdiary.com/shopping/the-art-of-retail-pricing/comment-page-1/#comment-5326 Money Articles and Personal Finance Picks for the End of March, 2007 » Silicon Valley Blog About Money Sat, 31 Mar 2007 15:11:05 +0000 http://www.thesunsfinancialdiary.com/2007/03/28/the-art-of-retail-pricing/#comment-5326 [...] Sun’s Financial Diary has The Art of Retail Pricing. This gives you the inside look on how stores price their [...] [...] Sun’s Financial Diary has The Art of Retail Pricing. This gives you the inside look on how stores price their [...]

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