Margin Questions


0 Votes
2 Answers
978 Views
Which strategy is better when starting an eCommerce site: lower prices than competition or value add?

I'm looking to buy electronics (unlocked phones) from a wholesaler and sell them online.What's a better strategy to compete with other sites selling the same product? Should I lower my margins and...

asked Jul 7 '14 at 21:25
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Morgan Barra
2 points

2 Votes
1 Answers
623 Views
What's the difference between markup and margin?

Could you please explain what the difference between margin and markup is and how to calculate it?

asked Feb 7 '14 at 07:40
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Vilhelm Vida
16 points