Addre304 North Cardinal
St. Dorchester Center, MA 02124
Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
Addre304 North Cardinal
St. Dorchester Center, MA 02124
Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
There is a formula to calculate retail price which is; Wholesale Cost Plus Shipping Costs, Etc multiply by 2.25 Markup..The simplest formula to calculate the wholesale price is:
Wholesale Price = Total Cost Price + Profit Margin
Wholesale Price x 2 = Recommended Retail Price (RRP)
But if we follow this formula the wholesale price becomes unsustainably low. The whole idea to do business is to make a profit. To make the above formula give us a profitable output we need to understand Recommended Retail Price first.