Word: markup
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Selling compact discs was viable as long as the companies controlled the quantity and destiny of that music. Metallica CDs have been available only from stores, catalogs and online sites, and sold at a price that covers production, marketing, distribution, royalties to the artist and, not least, the markup for record company and retailer. That's why CDs that each cost 50? to make retail for $15. As long as the only way to get that music was through those channels, then Metallica and its label, Electra (owned by Time Warner, TIME's publisher), had a great gig. Last week...
...Nearly anyone who is homeless or at risk of homelessness can work at Spare Change as long as he or she is sober and courteous. Vendors must obtain ID cards and then can purchase the rag for a quarter per issue to resell it at a 400 percent markup at a dollar. The seventy-five cents profit per issue they get to pocket...
...distributed $1.63 million in all, with an additional $350,000 in soft money going to the Republican Party. So House members aren't thrilled to be jumping into a gun-control debate. The same day the Senate was voting on the gun-show provision, House Republican leaders canceled a markup of an important spending bill after Democrats made it known they would offer gun-control amendments...
...Motors. "We channel labor and materials to a stationary outdoor assembly line instead of bringing them together inside a factory." To keep down lumber costs, the Levitts bought their own forests and built a sawmill in Oregon. They purchased appliances direct from the manufacturer, cutting out the distributor's markup. They even made their own nails. Levitt's methods kept costs so low that in the first years the houses, which typically sat on a seventh-of-an-acre lot, could sell for just $7,990, a price that still allowed the Levitts a profit of about $1,000. (They...
Coop President Jeremiah P. Murphy '73 was happy to explain where the 25 to 28 percent retailer markup on a textbook goes. Of this markup, about 11 percent goes to the administrative costs of book purchasing, including hiring staff to obtain book lists from professors...