Retail Price Management (MOSC)

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Difference Between retail mark up and cost mark up

edited May 6, 2014 12:00PM in Retail Price Management (MOSC) 4 commentsAnswered

Hi,

What is the diff b/w retail mark up and cost mark in maintain primary zone group.

When i set up primary zone group for a merchandise hierarchy (Dept) with cost mark up 50%.

an Item was created in RMS in same   merchandise hierarchy(Dept) with unit ELC 100 then it's price was set in zones with 50% mark up and suggested retail was 150.

When i set up primary zone group for a merchandise hierarchy (Dept) with retail mark up 50%.

an Item was created in RMS in same   merchandise hierarchy(Dept) with unit ELC 100 then it's price was set in zones with 500% mark up and suggested retail was 1500.

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