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williamwright williamwright is offline
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Default Tradesman - Price markup on parts

On 03/10/2020 12:17, GB wrote:

I always marked parts up 30% to allow for stocking, warranties, etc.

Bill


Is that 30% above trade price, or 30% above retail? Anyway, 100% on top
of retails seems like **** taking.


30% mark up on what I paid. It was arbitrary really.

The facts are

1. Tradesmen need to make a certain amount of money

2. They are in competition with other providers or with alternative ways
the customer has of getting the job done.

3. The public can be unrealistic about hourly rates, because they don't
understand about overheads.

4. Some tradesmen try to hide the necessary hourly rate by excessive
mark-up on materials.

5. Some tradesmen are too cheap; some are too dear. Both of these tend
to go bust.

6. Some tradesmen are crooks, no other word for them.

Bill