Comments on: How To Figure Your Profit http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/ Opportunity to sell stun guns, pepper sprays, personal alarms, TASERS, Mace, Knives Tue, 15 May 2012 23:16:21 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: TASER® X26C http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/comment-page-1/#comment-4479 TASER® X26C Sun, 01 Apr 2012 16:34:11 +0000 http://www.safetytechnology.com/blog/?p=314#comment-4479 that was very good Information that was very good Information

]]> By: wbpersonalsecurityproducts.com http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/comment-page-1/#comment-4170 wbpersonalsecurityproducts.com Thu, 22 Dec 2011 03:26:29 +0000 http://www.safetytechnology.com/blog/?p=314#comment-4170 This article is terrific....makes it so eay to suggest to a retailer what he should sell products I supply for.....some want to mske 50%, and others are happy with 30%....depends on their overhead and square footage for displaying merchandisr....My websitw sales prices are cheaper, as I have no brick and mortar store. This article is terrific….makes it so eay to suggest to a retailer what he should sell products I supply for…..some want to mske 50%, and others are happy with 30%….depends on their overhead and square footage for displaying merchandisr….My websitw sales prices are cheaper, as I have no brick and mortar store.

]]> By: Pepper Shot Pepper Spray http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/comment-page-1/#comment-3637 Pepper Shot Pepper Spray Fri, 15 Apr 2011 18:13:46 +0000 http://www.safetytechnology.com/blog/?p=314#comment-3637 Thanks for this entry, Mike. I could have figured it out myself, but appreciate it being layed out in front of me to save a bit of time. I'll use the formula to offer the pepper spray displays to my local shopkeepers. Thanks for this entry, Mike. I could have figured it out myself, but appreciate it being layed out in front of me to save a bit of time. I’ll use the formula to offer the pepper spray displays to my local shopkeepers.

]]> By: Handheld Tasers http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/comment-page-1/#comment-3635 Handheld Tasers Tue, 12 Apr 2011 18:35:22 +0000 http://www.safetytechnology.com/blog/?p=314#comment-3635 I agree with the ghost writer. You can always come down on price. I agree with the ghost writer. You can always come down on price.

]]> By: Danny http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/comment-page-1/#comment-3634 Danny Tue, 12 Apr 2011 12:59:19 +0000 http://www.safetytechnology.com/blog/?p=314#comment-3634 I like this way. This is a download that can be set for any Profit Margin you want and it can stay on top of your desk top as you work. And it is free. Go to: http://www.brothersoft.com/gross-profit-margin-calculator-244369.html I have used this for years at 888knivesrus and now at my store and on my web site! I like this way. This is a download that can be set for any Profit Margin you want and it can stay on top of your desk top as you work. And it is free. Go to:
http://www.brothersoft.com/gross-profit-margin-calculator-244369.html
I have used this for years at 888knivesrus and now at my store and on my web site!

]]> By: Mike http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/comment-page-1/#comment-3631 Mike Sat, 09 Apr 2011 21:30:06 +0000 http://www.safetytechnology.com/blog/?p=314#comment-3631 Great Information, I will try it. Great Information, I will try it.

]]> By: Ghost Writer http://www.safetytechnology.com/blog/how-to-figure-percentage-markup/comment-page-1/#comment-3630 Ghost Writer Sat, 09 Apr 2011 21:12:00 +0000 http://www.safetytechnology.com/blog/?p=314#comment-3630 I tell my retail customers that they can get $20 or $25 out of people who will buy these ON IMPULSE! I tell them that I will give them the sprays at ten bucks each (the PS-1) and if they want a couple of displays, I can go an even $100 per display! The thing is, although Mike has chosen an MSRP of $9.95, you can get more for these sprays, because they are NOT sold on every street corner in America. Some people go to a convenience store and pay triple for a food item that it costs in a grocery store! Some people will pay a store-keeper 20 bucks for a spray, rather than drive to the next county to a "gun store!" It's true that there are jokers online selling pepper sprays for 8 bucks, 6 bucks, even 5 at times, BUT not everyone shops online, not everyone is comfortable using their credit card online. Some people don't even have a computer, believe it or not. People who look for the lowest prices on the planet, may not be your customer, and even a shop keeper might not buy from you if you do it my way, but a good salesman doesn't have to give his goods away! I never do! If I do meet a shop keeper who wants to haggle, then fine...I will drop the price down, but at least I am still making more for my efforts. So, for anyone who has the balls...try it my way...offer them a display for a bit more, and when they re-order you can always give them a BETTER deal. It's easier to drop the price down, than to raise it up! Have a Great Day and Happy Selling! Mike, YOU'RE the GREATEST! Many Blessings! Father Time I tell my retail customers that they can get $20 or $25 out of people who will buy these ON IMPULSE! I tell them that I will give them the sprays at ten bucks each (the PS-1) and if they want a couple of displays, I can go an even $100 per display!

The thing is, although Mike has chosen an MSRP of $9.95, you can get more for these sprays, because they are NOT sold on every street corner in America. Some people go to a convenience store and pay triple for a food item that it costs in a grocery store!

Some people will pay a store-keeper 20 bucks for a spray, rather than drive to the next county to a “gun store!”

It’s true that there are jokers online selling pepper sprays for 8 bucks, 6 bucks, even 5 at times, BUT not everyone shops online, not everyone is comfortable using their credit card online. Some people don’t even have a computer, believe it or not.

People who look for the lowest prices on the planet, may not be your customer, and even a shop keeper might not buy from you if you do it my way, but a good salesman doesn’t have to give his goods away! I never do!

If I do meet a shop keeper who wants to haggle, then fine…I will drop the price down, but at least I am still making more for my efforts.

So, for anyone who has the balls…try it my way…offer them a display for a bit more, and when they re-order you can always give them a BETTER deal. It’s easier to drop the price down, than to raise it up!

Have a Great Day and Happy Selling!
Mike, YOU’RE the GREATEST!

Many Blessings!
Father Time

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