MoKelly
Super Member
- Joined
- Oct 30, 2009
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I own timber and if I cut it today I will not make any more than a year ago. I know people who cut timber and they are not making much more than a year ago. I talked to a building supply retailer and he said his percentage mark up is the same. Unless I am missing something that leaves the mills.
Retailers who keep the same % markup are making lots more money.
Assume 50% markup.
Retailer buys lumber for $100 sells for $150. Makes $50.
Retailer buys lumber for $200 sells for $300. Makes $100.
Retailers always keep their percent markup the same and make much more money. But claim they don’t since their % markup is the same.
MoKelly