Mark Down Calculator
For example, let’s say you have a multiple lot eBay auction for sale with a Buy It Now price of $99.99. After watching your auction for 10 days with little to no activity, you decide to discount the product by 10% to offer an added incentive to buy and in hopes of clearing our excess inventory. Your new Buy It Now price would be lowered to $89.99, which is a $10 discount and a 10% mark down from your original advertised price. Our mark down calculator can be a valuable tool for both retailers and consumers alike.
For example, as a consumer, you can use this calculator to help determine the actual price a retailer paid for an item. For instance, let’s say you’re shopping for a new vehicle and you know the average mark up on the particular car in question is 11%. If the dealership asking price of the vehicle is $20,000, you can assume the dealership paid around $18,000 for the car. You can then use this information to help with negotiating your final purchase price to establish a baseline for what the dealership has invested.
On the other hand, as a retailer, you can use this markdown calculator to help price items in any type of storefront. For instance, if your craft store is having a Christmas sale and decides to discount all candles by 15%, this easy to use calculator will quickly help you calculate your promotional pricing for these products.