3 ms·
Of course they can get a cut, like any retail store. But 30% is waaaay higher than what is usual retail markup. It should be single digit.
by stephc_int13 6y ago
Of course they can get a cut, like any retail store.
But 30% is waaaay higher than what is usual retail markup.
It should be single digit.
- alberth 6y agoYou’d be surprised but many products provide a 100% markup for the retailer. It’s so common there’s a term for it. Keystone pricing https://www.marketing91.com/keystone-pricing/ https://www.marketing91.com/keystone-pricing/ Also keep in mind that just the credit card processing, which Apple absorbs the cost of can be ~3% + $0.25
- danielheath 6y agoUsual retail markup depends on the category. For jeans it’s several thousand percent.