The Margin Report

We recently asked members of the JCK Retail Panel about their margins on various products. Retail Markups Based on Various Price Ranges Price range Markup Note: Responses are median figures. Source: &$999 2.5 $1,000-$2,000 2.2 $2,001-$5,000 2.0 $5,001-$10,000 1.75 $10,001-$20,000 1.5 $20,000> 1.3 What's the difference between margins and markup? "The difference is that gross profit margin is figured as a percentage of the selling price, while markup is figured as a percentage of the seller's cost."

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