Quote:
Originally Posted by mynameisjim
I always heard jewelry was almost 300%. So I would suspect diamonds are in that range.
No way is it 100%. Regular retail items start at 100%. Clothes 200% or more. Fine jewelery and other items are at the high end.
No retail store that sells anything operates at less than 100% markup. The bare minimum rule for retail is to double your money on every item. For example, if you buy a pair of speakers from Best Buy for $200, that probably means Best Buy paid around $100.
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you're wrong on the electronics , they dont have 100 % markup on the major items, speakers, stereos, Tv's, they make their money on the accesories and extended warranties
