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12 December 2018, 04:29 AM | #1 |
"TRF" Member
Join Date: May 2017
Real Name: Dan
Location: USA
Watch: Tudor, Carl F. Buc
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Threads are overhyping the selling price of Grey Professional models
Given that all Grey’s purchase at MSRP from an AD. A reasonable markup would be 15% to 20%. Greys generally have lower overhead expenses than a typical retail store.
Here’s how markup is calculated: $10,000 - $8000 = $2000 gross profit $2000/$10000 = 20% margin $2000/$8000 = 25% markup Not bad for flipping a popular Rolex! Of coarse it’s a free market. You can pay what you want! Last edited by seabreeze60; 12 December 2018 at 05:45 AM.. Reason: Corrected math! |
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