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Markup (or price spread) is the difference between the selling price of a good or service and its cost.It is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit.
Trademarked brand names, logos, or character images are licensed to manufacturers of products such as toys or clothing, which then make items in or emblazoned with the image of the license, hoping they'll sell better than the same item with no such image. [6]
Lightweight markup language, notation that adds basic markup to a client; Markup rule in economics, a formula for the ratio of a monopolist's chosen price to its marginal cost; Markup (business) a term in retail business describing the increase in the price of goods to cover expenses and create a profit margin; Markup (legislation), the process ...
Fashion merchandising can be defined as the planning and promotion of sales by presenting a product to the right market at the proper time, by carrying out organized, skillful advertising, using attractive displays, etc. Merchandising, within fashion retail, refers specifically to the stock planning, management, and control process.
[7] [9] By offering sizes up to 4XL, the brand has been able to expand upon that niche to customers not typically served by luxury fashion labels. [ 10 ] In addition to bright colors and patterns, Robert Graham shirts use contrasting patterns and embroidery on inward-facing surfaces such as inside shirt cuffs, under collars, and along the ...
Customers can form an important bias of the merchandise quality based on the retail store design environment, and even factors such as employee's interpersonal skills and how they are treated. [10] Visual merchandising builds upon or augments the retail design of a store. It is one of the final stages in setting out a store in a way customers ...
If you've been shopping in a big box retail store you've probably heard an announcement on the loudspeaker such as, "code yellow toys, code yellow toys." This "code" is one of many innocuous ...
As one retail consultant explained, "For ladies who lunch, a St. John knit is almost like a uniform, a status symbol," which neatly described the company's typical retail customer and conveyed the essence of the clothes' success: generations of women made the inclusion of a St. John knit in their wardrobe a must.″ [11] A St. John's garment ...