Tim asked:
I’m trying to create a business plan for one of my classes and I am trying to think of a consumer product that has a high markup. I would prefer it to be a consumer electronic product, but any suggestions would be welcomed.
Terrie
I’m trying to create a business plan for one of my classes and I am trying to think of a consumer product that has a high markup. I would prefer it to be a consumer electronic product, but any suggestions would be welcomed.
Terrie
Tags: Business Plan, Consumer Electronic, Consumer Product, Electronic Product, Markup
any electronic game, computer
cars
clothes
food
pet store fish
An astronomical markup rate as well.
Food items have remarkably high mark-ups due to the quantities involved.
So do clothes, food supplements and pet supplies.
In consumer electronice the margins get lower and lower, as though the productions costs are dropping, so are the consumer prices and people expect to get a bargain.