What is the difference between RRP and wholsale price?!
What is the difference between RRP and wholsale price?
I am trying to find out what the general markup is from a wholesale price to the recommended retail price in the liquor industry? ( pub/club/cafe etc)
Answers:
How ever much a retailer marks up a product is up to them. Some restaurants will mark up a wine (from wholesale) by up to 200%. Same with pubs, cafes, etc. Wholesale price can also depend on deals done.
In the liquor shops it varies depending on what deal they did with the winery or their rep.
I can only go by Australia.
the manufacture has a suggested retail price but the business make the price thy want to sale it