Debbie Gillett
02-11-2019, 1:29 PM
Hi all,
I am looking at doing my first Perpetual Plaque and I am not sure of the markup. I understand that all areas across the country and different retailers use different ways to come up with this figure. I am just looking at what would be the approximate for this.
My situation is this is a fire hall a government agency but it is a small town one. They have 2 PP already but have had them for years and it started with a rotary engraver and then different retailers were doing the plates as the fonts and thickness of fonts are all over the place so nothing matches as well as some misspelled names. They are looking to replace completely on the one perpetual plaque and maybe salvaging the other board and replacing all brass plates on this particular one. I would be redoing all existing plaque plates including headers. One plaque has an existing 37 name plates that would need to be replaced with the addition of two new ones. The other plaque all brass plates would be redone and a few new ones added. I will be looking into seeing if replacing all plates is more advantageous than purchasing a whole new system. Any advice here would be great too.
So to recap I am looking at what the industry average is for markup on my end for these perpetual plaques. I want to stay with in the industry standard as to not over price these but at the same time not take a loss lol. There is a big difference in lets say a $100 wholesale PP then doubling for retail at $200 than a 4x the retail price of $400 for that same PP. I just want to be fair to all involved. Myself, the Fire Hall, and any other retailer that one day might be up against my pricing.
Thank you very much for helping this one time perpetual plaque person out
Debbie
I am looking at doing my first Perpetual Plaque and I am not sure of the markup. I understand that all areas across the country and different retailers use different ways to come up with this figure. I am just looking at what would be the approximate for this.
My situation is this is a fire hall a government agency but it is a small town one. They have 2 PP already but have had them for years and it started with a rotary engraver and then different retailers were doing the plates as the fonts and thickness of fonts are all over the place so nothing matches as well as some misspelled names. They are looking to replace completely on the one perpetual plaque and maybe salvaging the other board and replacing all brass plates on this particular one. I would be redoing all existing plaque plates including headers. One plaque has an existing 37 name plates that would need to be replaced with the addition of two new ones. The other plaque all brass plates would be redone and a few new ones added. I will be looking into seeing if replacing all plates is more advantageous than purchasing a whole new system. Any advice here would be great too.
So to recap I am looking at what the industry average is for markup on my end for these perpetual plaques. I want to stay with in the industry standard as to not over price these but at the same time not take a loss lol. There is a big difference in lets say a $100 wholesale PP then doubling for retail at $200 than a 4x the retail price of $400 for that same PP. I just want to be fair to all involved. Myself, the Fire Hall, and any other retailer that one day might be up against my pricing.
Thank you very much for helping this one time perpetual plaque person out
Debbie