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748: Window Treatment Friday: Pricing Window Treatments: Understanding Margin vs. Markup

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Sinopsis

Today with Vita Vygovska Welcome to A Well-Designed Business! Today’s WTF—Window Treatment Friday—is part 1 of a new three-part series on pricing window treatments. We’re breaking down margin vs. markup, how to do each, and why you need to know.  You’re going to get the math and the formulas you need, but we’re also diving into what the numbers mean, so you can price window treatments with confidence and knowledge. Pick It Apart:  [5:59] Vita and LuAnn reflect on why you as a designer need to understand the numbers behind the formulas. [11:30] Vita breaks down what markup is and how to calculate yours.  [17:36] Vita shares insight on the multiplier—an often misunderstood part of the equation. [27:50] Vita walks us through margins and the formula behind them.  [38:40] LuAnn highlights how you and the window treatment professional can both come away with profit.   Ah-Ha Moments with LuAnn Nigara and Vita Vygovska: “The bottom line of this is that we care about these numbers because they are the driv