Personal photo portfolio .NET web application which implements a Blazor and Tailwind CSS user interface with a MongoDb database, and includes integration with Stripe Checkout and Prodigi Print API
After doing some research into how customer prices are typically calculated, it looks like I've misunderstood how a markup calculation usually works.
A markup of 100% means that the price presented to customers is double the wholesale price. At the moment, our application has a baseline of 100% which represents selling it at the wholesale price with no markup.
Not sure what I was thinking there. The way everyone else does it obviously makes 100% (or more) sense. Currently a 50% markup would mean selling it for half the wholesale price - which would be madness. 0% markup needs to represent selling at the wholesale price, not 100%.
After doing some research into how customer prices are typically calculated, it looks like I've misunderstood how a markup calculation usually works.
A markup of 100% means that the price presented to customers is double the wholesale price. At the moment, our application has a baseline of 100% which represents selling it at the wholesale price with no markup.
Not sure what I was thinking there. The way everyone else does it obviously makes 100% (or more) sense. Currently a 50% markup would mean selling it for half the wholesale price - which would be madness. 0% markup needs to represent selling at the wholesale price, not 100%.