Understanding Typical Furniture Markup: What You Need to Know
What is typical furniture markup? Furniture Markups: 200-400. Salespeople usually receive a 15-20% commission if they sell an item at the inflated MSRP. But there’s another helpful abbreviation to know: MAP (Manufacturer’s Advertised Price). This lower price is the minimum at which most retailers are allowed to sell the item. Read more on www.wisebread.com Most … Read more