Posted by Eins on September 13, 2000 at 23:16:55:
In Reply to: Re: razor thin profit margins posted by Gerry Smith on September 13, 2000 at 22:17:44:
GS,
Thanks for your feedback. I'm learning to differentiate between markup and profit margin.
Profit margin is defined as the percentage that profit constitutes of total sales. Are you indicating that despite the big difference in sales price between local and mail order shops, the local's markup is still not high enough?
What do you mean by "many local cases"
Eins