Christian R. Eberle on sat 10 may 97
To anyone who has sold work throught retail outlets: what is "keystone"
pricing? I have read this term in several magazines and do not know what
it means.
Thanks
Chris
Kenneth D Westfall on sun 11 may 97
Keystone pricing usually refers to a 100 % profit markup or doubling the
purchase price to make the sale price. An Item that cost $50 would sell
for $100.
Kenneth D. Westfall
Pine Hill Pottery
potter-ken@juno.com
Don't get stuck in the mud pies K&T
Bob Pulley on sun 11 may 97
>----------------------------Original message----------------------------
>To anyone who has sold work throught retail outlets: what is "keystone"
>pricing? I have read this term in several magazines and do not know what
>it means.
>
>Thanks
>Chris
As it was explained to me one time, many mail order catlogs practice
":keystone" pricing or a 500% markup.
Robert Pulley
bpulley@hsonline.net
Robert Compton on sun 11 may 97
Christian R. Eberle wrote:
>
> ----------------------------Original message----------------------------
> To anyone who has sold work throught retail outlets: what is "keystone"
> pricing? I have read this term in several magazines and do not know what
> it means.
>
> Thanks
> Chris
Keystone refers to the 50% discount you would give to a retail
outlet off the price of your work. If your suggested retail price is
$100, he will expect you to keystone it to him for $50. This is a
pretty standard markup in the retail field for our kind of work.
--
Robert Compton Phone: 802-453-3778
3600 Rt 116 http://homepages.together.net/~rcompton
Bristol, Vermont 05443 rcompton@together.net
Jeanne Ormsby on sun 11 may 97
At least in the jewelry/garment/accessories world "keystone" means that the
retailer sells at 2 times the wholesale price. (Or, that the
wholesaler/manufacturer gets 1/2 the retail price).
Jeanne
At 09:26 AM 5/10/97 EDT, you wrote:
>----------------------------Original message----------------------------
>To anyone who has sold work throught retail outlets: what is "keystone"
>pricing? I have read this term in several magazines and do not know what
>it means.
>
>Thanks
>Chris
>
>
Don Jones on sun 11 may 97
>----------------------------Original message----------------------------
>To anyone who has sold work throught retail outlets: what is "keystone"
>pricing? I have read this term in several magazines and do not know what
>it means.
>
>Thanks
>Chris
Chris,
I think they mean that they take the wholesale price of the work and double
it and add shipping.
Don Jones
claysky@highfiber.com
TYLERCD@gov.ns.ca on mon 12 may 97
It means the price which you need to receive, i.e. what is usually called
the wholesale price.
Wholesale price is:
fixed costs (rent, light, depreciation, interest payments etc.) + variable
costs (wages, materials, firing costs) + marketing costs (advertising,
booth fees a trade shows, agent's mark up etc) + profit.
The keystone price is the point around which other prices may be
calculated.
| |
|
