[Jewelry making - Article 00167] - Re: [Orchid] Commission for sale reps

[Allan Creates]

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    Just a note on percentages people throw around on any level retail or
    wholesale. When you have an item for sale you have your base costs
    included. Let=92s say you have 

	gold			50.00
	labor			40.00
	Total			90.00
	Markup			90.00
	Grand total		180.00

	10% of this total =3D18.00

    Always remember that 10% is equal to 20% of your markup so you now
    have 72.00 I=92ve seen people talk about discounts like there nothing.
    Always think of the percentage as double from your profit. 

    Imagine a 25 or 30% discount, you would be out of business. 

    Unless you have crazy prices where they give 70 percent off and
    still stay ahead. 

Allan Creates
P.O. Box 51 Cote St-Luc
Montreal Quebec
Canada
Tel:  514-488-7553
Fax:  514-489-7299
Superringfit.com
Perfectly Fabulous Fit Arthritic Shanks

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