Best 'mark up' ...?
Author
Discussion

popov123

Original Poster:

4,084 posts

264 months

Wednesday 15th June 2005
quotequote all
Okay, following on from the 'whats the most youve spent' thread.

Whats the best mark up youve made - on anything...?

Mine is probably 2 push lawn mowers bought at auction -for a staggering 50p (yes for both)!!! I sold one of them for a tenner and binned the other.

Not big bucks but theres something very satisfying about it.

Muncher

12,235 posts

278 months

Wednesday 15th June 2005
quotequote all
I listed 8 bits of gym equipment which were being auctioned off at my sports club on eBay.

Went to the auction, bought 2 rowing machines and a treadmill for £600ish, sold them for £1,050ish. A bit of work involved but nice money for an opportunity everyone else thought I was mad to go for.

DarrenW

347 posts

312 months

Wednesday 15th June 2005
quotequote all
A pair of Volvo Amazon mirrors spotted at a local car boot sale in amongst some horse brasses, bought for 50p, sold for £35. And a keyring that cost me 35p, sold for £30!

Don

28,378 posts

313 months

Wednesday 15th June 2005
quotequote all
The best imaginable "mark up" has to be on corporate software. CD and Jewel Case - cost 20p. £50K +++


Shame about the development costs...

maxf

8,444 posts

270 months

Wednesday 15th June 2005
quotequote all
Mine has to be on Star Wars toys (the old late '70s/early 80's ones). The most memorable was one I bought for about £300 from the states and sold a few months later for £2000!

I wish I still had the time to collect old toys - I used to come across some real bargains and fund my collection for free.

/geek mode

cinque

833 posts

311 months

Wednesday 15th June 2005
quotequote all
the one mark-up that really irritates me time & time again is WINE in restaurants.

i know they have overheads etc etc but its unjustified and only allowed to happen cause people put up with it.

its wrong


DarrenW

347 posts

312 months

Wednesday 15th June 2005
quotequote all
cinque said:
the one mark-up that really irritates me time & time again is WINE in restaurants.

i know they have overheads etc etc but its unjustified and only allowed to happen cause people put up with it.

its wrong




Similarly, when you're the designated driver in a pub and you buy a glass of fresh orange juice. The bloke behind the bar turns round, opens a 9p carton of Aldi's finest OJ, pours you a glass, hands it to you and asks for upwards of 70p...

alexkp

16,484 posts

273 months

Wednesday 15th June 2005
quotequote all
Recently - a Longines vintage watch bought for £350, sold for £1450.

A mixing desk bought for £20, sold for over £900.

A Piano Accordion from a Car Boot Sale bought for £30, sold for £350.

Just for fun - I love a bargain.

burnt

1,371 posts

278 months

Wednesday 15th June 2005
quotequote all
Popcorn has apparently the largest markup of any retail good.

MrsRotty

637 posts

260 months

Wednesday 15th June 2005
quotequote all
Perhaps I shall go into the secondhand popcorn market then....

TDTH1975

631 posts

279 months

Wednesday 15th June 2005
quotequote all
Won 2 Live8 tickets for £1.50, sold them privately for £2000 yesterday.








(Only joking )

race2the redline

506 posts

263 months

Wednesday 15th June 2005
quotequote all
burnt said:
Popcorn has apparently the largest markup of any retail good.


Popcorn is indeed the most profitable substance in the world, more so than Heroin. Coffee et all. An article in the Times about a year ago listed the percentage mark-up but the figures escape me now.

burnt

1,371 posts

278 months

Wednesday 15th June 2005
quotequote all
race2the redline said:

burnt said:
Popcorn has apparently the largest markup of any retail good.



Popcorn is indeed the most profitable substance in the world, more so than Heroin. Coffee et all. An article in the Times about a year ago listed the percentage mark-up but the figures escape me now.




Salted Popcorn?
Toffee Popcorn?
Charlie Popcorn?
Skank Popcorn?

scruffy

3,757 posts

290 months

Wednesday 15th June 2005
quotequote all
burnt said:

race2the redline said:


burnt said:
Popcorn Yada yada.




percentage mark-up yada yada





Salted yada yada


POPCORN Low End High End
Profit Margin Profit Margin

Popcorn - Small Size Package 82% 87%
Popcorn - Medium Size Package 88% 93%
Popcorn - Large Size Package 88% 92%
Popcorn - Gourmet Carmel Corn 73% 84%
Popcorn - Gourmet Glazed Corn 85% 89%

Compare this to the numbers for other common candy and treats:

Frosted Nuts 72% 76%
Cotton Candy 85% 94%
Sno-Kones 92% 97%
Shaved Ice 88% 93%
Frusheez 69% 84%
Funnel Cakes 75% 85%
Corn Dogs 82% 89%
Flowerin' Onion 79% 86%
Ribbon Fries 72% 80%
Hot Dogs 62% 81%
Pizza 69% 75%
Nachos 47% 64%
Belgian Waffles 62% 77%
Ice Cream - Waffle Cones 84% 90%
Candy Apples 80% 88%
Caramel Apples 60% 76%

yada yada

burnt

1,371 posts

278 months

Wednesday 15th June 2005
quotequote all
Even low end is 88%!!!!!!

Woman, help me turn the stove on.....

ProPlus

3,810 posts

269 months

Wednesday 15th June 2005
quotequote all
26 Eminem tickets for milton keynes, bought for a little over £500, sold for several times that amount.

bigandclever

14,353 posts

267 months

Wednesday 15th June 2005
quotequote all
Many, many moons ago, the Inspiral Carpets promoted Cool As on milk bottles in the Granada region, "hilariously" changing to Milk. Anyway, I used to work for Northern Dairies, so I filled up the float with all the bottles I could find, and sold them at various 6th form colleges in the area, and record fairs later on. I never got less than a fiver for one of them, most were around the tenner mark.

Antwerpman

835 posts

287 months

Wednesday 15th June 2005
quotequote all
Popcorn pah!!

I know the company I work for (large luxury goods retailer) make keyrings for $17 and sell in their stores for $175 and up

jimothy

5,151 posts

266 months

Wednesday 15th June 2005
quotequote all
I hear Tiffanies recently sold $3.50's worth of jewelry to some mug for $35,000!








KingRichard

10,146 posts

261 months

Wednesday 15th June 2005
quotequote all
jimothy said:
I hear Tiffanies recently sold $3.50's worth of jewelry to some mug for $35,000!