Confusion frequently surrounds the meaning of gross margin and markup, probably because they are two different ways of expressing the same thing. Both measure the difference between the price that you ...
QUESTION: I’m working on pricing for the products I sell. I’m getting confused about the difference between gross margin and markup. Would you please explain this? Also, if I know the gross margin I ...
Q. I’m working on pricing for the products I sell. I’m getting confused about the difference between gross margin and markup. Would you please explain this? Also, if I know the gross margin I want, ...
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