Furniture Markup Insights
The typical furniture markup is 100%, meaning that if an item costs $100, the store charges $200. Markups vary by store from 50% to 200%. Furniture markup is the difference between manufacturing cost and retail price.
Furniture Retail Strategies
- Retailers commonly use a 50 percent markup, doubling the item cost to set the retail price.
- Negotiating prices is possible at most furniture stores, with discounts typically ranging from 10-25%.
- Buying more provides leverage for negotiation.
Profit Margins and Sales Tips
The profit margin on furniture is typically 40-60%, depending on production cost, brand, and sales channel. A reasonable markup is usually 30-50% above product cost to balance profit and customer value.
The best sales occur in January, February, and July, August when new inventory arrives. Understanding markup helps negotiate better deals and maximize profits by acquiring inventory wholesale and marking up for retail sales.