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how to determine the mark up?

how to determine the mark up?

how to determine the mark up?

(OP)
The carbon steel expanded metal price changes more than 10% in one week,how do I determine the mark up on our finished product?(we manufacture protective enclosures for backflow preventers,portable generators,etc.)

RE: how to determine the mark up?

You either:

> change your price weekly or daily and match market conditions
> set your price well above perturbations
> set your price to take occasional hits

Seems to be your choice...

TTFN

FAQ731-376: Eng-Tips.com Forum Policies

RE: how to determine the mark up?

(OP)
Thank you so much IRstuff.Setting the price well above perturbations is a very good idea since I have to give the distributor a price list at least for 6 months.


Again,thank you so much!

Kristine
West Palm Beach, Fl, USA
 

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