Definition Of Business Keystone
Keystone markup definition and meaning keystone markup or keystone pricing refers to selling something at double its wholesale price or its cost.
Definition of business keystone. The keystone pricing method marks up all merchandise by double the wholesale price the price paid by the business to the vendor for the product. Setting a keystone price. It is also applying a 50 gross margin to the sale of the product. Gross margin that is 100 percent of the cost price or 50 percent of the sale price.
A keystone or capstone is the wedge shaped stone at the apex of a masonry arch or typically round shaped one at the apex of a vault in both cases it is the final piece placed during construction and locks all the stones into position allowing the arch or vault to bear weight. How to use keystone in a sentence. Your alarm sends your brain into an automatic processing state meaning it would actually take effort for you to dispute the trigger while it would feel natural to move forward to get that feeling of satisfaction after completing your run this reward is why your brain determines the actions you took leading up to it are worth remembering in the future. The middle stone in the top of an arch that has a special shape and holds all the other stones.
This is a 50 initial markup also known as imu. Keystone definition the wedge shaped piece at the summit of an arch regarded as holding the other pieces in place. Keystone definition is the wedge shaped piece at the crown of an arch that locks the other pieces in place. The middle stone in the top of an arch that has a special shape and holds all the other stones.
Keystone essentially means that if the cost of the product is 50 then the sale price would be set at 100. Any item selling at twice the price for it was bought or produced is said to have a keystone markup. Gross margin can be applied in either a percentage or a dollar amount.