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Thread: Black Friday ?

  1. #21
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    Retail mark up is generally 300% above cost price. Take away coffee's about 1000%

  2. #22
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    Quote Originally Posted by LRJim View Post
    Retail mark up is generally 300% above cost price. Take away coffee's about 1000%
    Rubbish!
    BTW Mark Up has nothing to do with Profit Margin.
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  3. #23
    Homestar's Avatar
    Homestar is offline Super Moderator & CA manager Gold Subscriber
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    Quote Originally Posted by LRJim View Post
    Retail mark up is generally 300% above cost price. Take away coffee's about 1000%
    Large profit on coffee yes but not quite that high - How Much to Charge for a Cup of Coffee and Still Make a Profit


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  4. #24
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    Quote Originally Posted by 101RRS View Post
    Must be an echo in this thread
    the only con of using the app on your phone, you don't always see the previous posts.
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  5. #25
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    Quote Originally Posted by Homestar View Post
    Large profit on coffee yes but not quite that high - How Much to Charge for a Cup of Coffee and Still Make a Profit
    I remember an episode of Gruen a few years ago where they called coffee 'liquid gold'.
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  6. #26
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    Quote Originally Posted by Homestar View Post
    Large profit on coffee yes but not quite that high - How Much to Charge for a Cup of Coffee and Still Make a Profit
    When my wife worked at a well known bakery chain about 12 years ago it would cost them about 45c plus the Labor for a $4.50 coffee. But like I said that was 12 years ago, things have changed alot since then. Those statistics you posted make sense considering cup's are now environmentally friendly and the milk and beans are sourced from fair trade company's.

  7. #27
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    The problem with trying to estimate the "cost" of supplying a cup of coffee is that there are a large number of unknowns, most of which are not obvious. But to point out a few:-

    1. The labour needed to make and serve the coffee is easy to estimate - but what is not easy is estimating how much of the worker's time has to be paid for that is not producing revenue. For most venues, this will be a lot more than the actual time to make and serve the coffee.

    2. The cost of capital - both for the machinery and furniture, and more intangibles like training and working capital

    3. Rent, licence fees, government charges, insurance, power, water etc. All of these continue even when there are no customers, and cannot easily be reduced if the number of customers decreases.

    There are others, but these are just some of the obvious ones.
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  8. #28
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    Quote Originally Posted by Tombie View Post
    Who cares

    I get some great deals on gear I want today and Cyber monday from online stores all over the globe. So I'm happy.
    That's exactly what the retailers & marketing companies expected, who cares what it's called.......... ITS A SALE !

    The fact that Black Friday sales are an American concept and it will effectively change the general Australian knowledge of 'Black Friday' doesn't matter.
    Black Friday bushfires, VIC 1939 | Australian Disasters


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  9. #29
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    Bull****…..
    Cheers
    Tombie

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  10. #30
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    Quote Originally Posted by Tombie View Post
    Bull****…..
    ?????
    '56 Series 1 with homemade welder
    '65 Series IIa Dormobile
    '70 SIIa GS
    '76 SIII 88" (Isuzu C240)
    '81 SIII FFR
    '95 Defender Tanami
    '58 Series II (sold)
    Motorcycles :-
    Vincent Rapide, Panther M100, Norton BIG4, Electra & Navigator, Matchless G80C

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