0
Retail price of a ring is 2150 the sale price is 1000 what sale percentage is taken off of the retail price?
Wiki User
∙ 14y ago
53.488372093023255813953488372093%
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Is net the same as wholesale?
The net amount is the gross amount minus any discounts or deductions. The term net has nothing to do with whether something is wholesale or retail. It simply means that any expenses or deductions have been taken out of the total.
What is the average mark up for furniture stores?
After doing some research, the answer can be from 40 - 300%. 100% may be considered 'normal'. It is reported that stores that mark up higher do so only as a sales gimmick. A high mark up is not the intended sales price. Instead, these stores will typically advertise large sales of 50 - 75% off their retail price. In these cases, the item being sold is not the furniture but rather the discount. Experts warn not to be taken in by the "sale". They recommend instead that you pay attention to the final cost and shop around.
What are the features of retail trade?
A marketplace is a location where goods and services are exchanged. The traditional market square is a city square where traders set up stalls and buyers browse the merchandise. This kind of market is very old, and countless such markets are still in operation around the whole world.In some parts of the world, the retail business is still dominated by small family-run stores, but this market is increasingly being taken over by large retail chains.Retail is usually classified by type of products as follows:Food productsHard goods or durable goods ("hardline retailers") - appliances, electronics, furniture, sporting goods, etc. Goods that do not quickly wear out and provide utility over time.Soft goods or consumables - clothing, apparel, and other fabrics. Goods that are consumed after one use or have a limited period (typically under three years) in which you may use them.There are the following types of retailers by marketing strategy:Department stores - very large stores offering a huge assortment of "soft" and "hard goods; often bear a resemblance to a collection of specialty stores. A retailer of such store carries variety of categories and has broad assortment at average price. They offer considerable customer service.Discount stores - tend to offer a wide array of products and services, but they compete mainly on price offers extensive assortment of merchandise at affordable and cut-rate prices. Normally retailers sell less fashion-oriented brands.Warehouse stores - warehouses that offer low-cost, often high-quantity goods piled on pallets or steel shelves; warehouse clubs charge a membership fee;Variety stores - these offer extremely low-cost goods, with limited selection;Demographic - retailers that aim at one particular segment (e.g., high-end retailers focusing on wealthy individuals).Mom-And-Pop : is a retail outlet that is owned and operated by individuals. The range of products are very selective and few in numbers. These stores are seen in local community often are family-run businesses. The square feet area of the store depends on the store holder.Specialty stores: A typical speciality store gives attention to a particular category and provides high level of service to the customers. A pet store that specializes in selling dog food would be regarded as a specialty store. However, branded stores also come under this format. For example if a customer visits a Reebok or Gap store then they find just Reebok and Gap products in the respective stores.General store - a rural store that supplies the main needs for the local community;Convenience stores: is essentially found in residential areas. They provide limited amount of merchandise at more than average prices with a speedy checkout. This store is ideal for emergency and immediate purchases as it often works with extended hours, stocking everyday;Hypermarkets: provides variety and huge volumes of exclusive merchandise at low margins. The operating cost is comparatively less than other retail formats.Supermarkets: is a self-service store consisting mainly of grocery and limited products on non food items. They may adopt a Hi-Lo or an EDLP strategy for pricing. The supermarkets can be anywhere between 20,000 and 40,000 square feet (3,700 m2). Example: SPAR supermarket.Malls: has a range of retail shops at a single outlet. They endow with products, food and entertainment under a roof.Category killers or Category Specialist: By supplying wide assortment in a single category for lower prices a retailer can "kill" that category for other retailers. For few categories, such as electronics, the products are displayed at the centre of the store and sales person will be available to address customer queries and give suggestions when required. Other retail format stores are forced to reduce the prices if a category specialist retail store is present in the vicinity.E-tailers: The customer can shop and order through internet and the merchandise are dropped at the customer's doorstep. Here the retailers use drop shipping technique. They accept the payment for the product but the customer receives the product directly from the manufacturer or a wholesaler. This format is ideal for customers who do not want to travel to retail stores and are interested in home shopping. However it is important for the customer to be wary about defective products and non secure credit card transaction. Example: Amazon, Pennyful and eBay.Vending Machines: This is an automated piece of equipment wherein customers can drop the money in the machine and acquire the products.Some stores take a no frills approach, while others are "mid-range" or "high end", depending on what income level they target.Other types of retail store include:Automated Retail stores are self-service, robotic kiosks located in airports, malls and grocery stores. The stores accept credit cards and are usually open 24/7. Examples include ZoomShops and Redbox.Big-box stores encompass larger department, discount, general merchandise, and warehouse stores.Retailers can opt for a format as each provides different retail mix to its customers based on their customer demographics, lifestyle and purchase behaviour. A good format will lend a hand to display products well and entice the target customers to spawn sales.
What is Below the line marketing?
The terms "below the line" promotion or communications, refers to forms of non-media communication, even non-media advertising. Below the line promotions are becoming increawithin the communications mix of many companies, not only those involved in FMCG products, but also for industrial goods.Methods of below the line sales promotionPrice promotion Price promotions are also commonly known as "price discounting". These can be done in two ways: A discount to the normal selling price of a product, orMore of the product at the normal pricePrice promotions however can also have a negative effect by spoiling the brand reputation or just a temporary sales boost (during the discounts) followed by a lull when the discount would be called off.CouponsGift with purchases, also gifts certificatesCompetitions and prizes This is an important tool to increase brand awareness amongst the target consumer. It can be used to boost up sales for temporary period and ensure usage amongst first time users.Money refunds A customer receives a money refund after submitting a proof of purchase to the manufacturer. Customers often view these schemes with some suspicion - particularly if the method of obtaining a refund looks unusual or onerous.Frequent user/loyalty incentivesPoint-of-sale displays Shopping habits are changing for the people living in metropolitan cities. People prefer big retail outlets to local mum & dad stores. Most of the decisions of buying are taken by the virtue of point-of-sale displays in these retail outlets. In these times of high inflation and more and more channel surfing, BTL are proving to be a very cost effective tool.Regards,Sohini
What part do you play in delivering customer service?
Whether on the front line, management etc you play an important role in the organization. However small your position you are key within a company. It's employees are essential to the business, your part in customer service is basically to keep the customer happy and to deliver the best service that you and your team can provide. If you work in retail and other sectors in which customers are the main focus, customer service is your main priority to maintain. You make sure the customer is taken care of, is getting good quality and make sure that you are doing your best to provide them with a great overall experience. The part you play is a representative of the company, what you do effects the business in more ways than one, their image, their goals everything that you do effects the company, you are basically the image of the company as their employee you take on a role and the responsibilities that come with being an employee with that organisation.
Was a man taken from the beach by a killer whale?
No, it was a viral video ad for a Dominican retail chain.
How are electricity prices compared?
The average retail price per kilowatt of electricity is taken from all electricity providers. Electric Choice's website list rates by providers and states to allow easy comparison.
How do you figure the how much percent was taken off the original price if you only have the original price and the sale price?
Sale price/original price will give you a fraction. The fraction x100 gives you the percentage that the sale price is of the original price.100-(that percentage) gives the percent taken off.
What is the price of the HP ScanJet 5590 Digital Flatbed Scanner device?
The HP retail price is $299.99. After discount it is available at $254.99. There are a range of prices from other retailers ranging from $226.42 to over $300. It is available from a number of Amazon retailers. Delivery costs need to be taken into account when comparing prices.
What is percent of discount?
Percent of discount is the percentage of a whole price that is taken off as a discount.
If you sold your ps3 120 gb how much will you get?
$150 except if taken to a retail store where it would be $ 75-100 and Pawn shop 50-75.
How to figure how much is taken off after the percentage mark down?
To take a percentage of a price, multiply the price by the decimal equivalent of the percentage, which is the percentage divided by 100. 25 percent of $15.00 = 15 x 0.25 = $3.75 To take a percentage off a price, you can either subtract that number from the original price ($15.00 - $3.75 = $11.25) or multiply the original price by the decimal equivalent of 100 percent minus the discount. (15 x 0.75 = $11.25)
How much is a 2 federal reserve note worth?
Green-seal $2 bills are worth only face value if taken from circulation. Uncirculated ones retail for about $3.
Can you still buy the hardened edition of black ops?
You can find the Hardened edition that was taken from the Prestige edition complete with the 4 WAW maps on Ebay and amazon for about $100 over retail
What is retail packaging?
Retail packaging is the same packaging that you would get if you bought it off the shelf at the store. It was not opened in any way. Sometimes they ship things to businesses with less flashy packaging, and you might also see the term bulk packaging. That means it was taken out of the original box (or was never in one to begin with), and is shipped loose, usually in a little clear plastic bag.
What kind of products are available at Casas Bahia?
Casas Bahia is a Brazilian based retail store which specializes in furniture and home appliances. The company was founded in 1957 and was taken on by a new owner in 2009.
Where can someone find a drum kit?
Drum kits can be purchased from music stores, pawn shops, and retail outlets that specialize in such goods. However, care should be taken to insure that drums are properly constructed.
