
Markup
Retail Context
Markup often relates to retail pricing. It includes costs to operate a store like rent, utilities, and employee wages.

The boutique's markup helps cover the prime location rent.
Not Always Profit
A markup doesn't always signify profit; it can also mean covering business expenses.

After considering overheads, our markup isn't pure profit.
Price Sensitivity
High markups can deter customers if they feel a product isn't worth the extra cost.

Shoppers noticed the high markup on designer jeans.
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