Mark-Up or Margin?

Mark-Up or Margin?

Many of you might be looking at me blankly right now,not knowing what I mean at all.

Well,here's a handy site that'll explain the difference between the usual mark-up and the much more useful margin when it comes to getting a good retail price on handcrafted products.

http://www.buildingtrade.org.uk/articles/markup_or_margin.html

Mark-Up is basically marking an item up a certain percentage.

Margin is the % of the % your adding on,plus the orginal price ..that makes no sense does it?I give up..Go look at the site already! :P