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Keystone.

Retail pricing at double the wholesale cost — a 50% margin. The traditional default in most categories.

What it means

Retail pricing at double the wholesale cost — a 50% margin. The traditional default in most categories.

What goes wrong

A wholesale price set without knowing the retailer's expected margin is a price that will be rejected for a reason nobody says out loud.

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Every term here is one the protocol actually uses, defined for somebody who was never taught it — with the part that usually goes wrong. All terms →