A pricing checklist for small retailers
U.S. Small Business Administration, Office of Business Development - Business & Economics - 6 pages
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35 percent 52 questions alternative appropriate arithmetic calculated as follows Calculating Planned Initial cause markdowns causes of markdown characteristics checklist compatible competitors considered consistent consumerism consumers will buy correct pricing cost of merchandise customer services deci different initial markup discounts dollar amounts Dollar cost Dollar markdown Dollar markup economic conditions economy employees errors that cause establish prices establish retail estimated sales expenses formula garden hose initial markup figures Initial markup percentage item's leader offering markdown price needed number Off-retail percentage percentage markup periodic review planned initial markup Previous retail price pric price levels price lining price points price range price strategies pricing deci pricing decisions product purchase r-j r-j rain checks reductions Retailing Mix sale item section selected selling season set prices shirts shoppers sions small retail sofa special sale specific stock Store Policies Supplier tactic Target Consumers tions total profits turnover rate various wholesale price