Markup on Materials

[robbo777]

Hi All

Could you tell me what percentage markup you put on materials please mainly domestic.

Many thanks

 

[Marvo]

I'm not in domestic installs but we generally charge 'list price' to the customer which means our discount is our profit assuming there's no warranty claims.

 

[Octopus]

As a rule of thumb I normally add 25%, but if its a high value item which can be sourced/priced easily over the web 10% is the lowest I'll go and if its a low value item it may even be 100%. Some items are too small to charge.

At the end of the day you have to make a judgement and do what you are happy with.

 

[SPARTYKUS]

sliding scale. Massive on smaller things (50-100%).

Less on larger.

At end of day its a business. As said judge what you can get away with !

And thats not being crafty or bad, its .......business and the same as any other shop trader, estate agent, solicitor .......

 

[mattmoo1974]

If you see a screwfix book on the table you cant add much lol
It all depends on the customer, Some will check online and ask why you ve charged more then screwfix/toolstation..
I just buy middle of the road stuff and add a bit 10-20%
Or you can buy the cheaper and whack on 50% upwards
Your wholesaler isnt always the cheapest even if it does say 75% discount on the ticket they give you..

 

[The Ranger]

industrial background ours is set at 12.5%

 

[i=p/u]

£112 for 63A 30mA rcd but wel give you 90% discount so £15

 

[alarm man]

Hi All

Could you tell me what percentage markup you put on materials please mainly domestic.

Many thanks

in todays climate i thought it would be what you knock off the price not what you mark up,tho your mark up could be used as the discount..as murdoch says i know a few firms use the 25% mark on list price not including any discount you may get at suppliers

 

[Hiddo]

Charge whatever you think is appropriate. I tend to add money on rather than percentages. So if something costs me £25 I might add £10 and so on. The overall job cost is what seems to matter the most nowadays so if winning a job means you only add £1 to materials then so be it. Ultimately it's your business so do whatever you like.

 

[Festerfly]

Generally add 15% std but each situation is different. i did get told off by my account just before xmas though for not charging enough??? difficult to justify higher prices when everyone has access to screwfix and online pricing though.

 

[jase]

if everyone customer has access to screwfix,toolstation wickes or b&q then let them go get the gear, supplying materials is part of the expertise that they are paying me to do the job, as i know what is required how much of and also what complies with regs (jb's ip ratings etc etc) and also how to install, and wether i get materials delivered or pick them up from the wholesalers there is an associated cost, ie internet provision for online ordering, phonecall costs. diesal and van upkeep so mark up is totally justified, also if parts malfunction due to a defective product or manufacturer error then it is me who will foot the cost of the replacement until i can claim the cost back from whoever is responsible

 

[imago]

I go along the lines of jase's thinking above. However, I've never had anyone question or complain about the materials prices for one simple reason. I provide a quote for the job as a single figure, all in. On the odd occaision someone asks for it broken down I politely decline.

How much I do or don't pay for the materials is no more the customer/end users business than my monthly mortgage/insurance/diesel etc etc payments.

I've only had one bloke cut up rusty about it. I told him that I would break down the quote if he paid me for the admin time, and showed me copies of his bank statements and pay slips so that I could make sure he was able to pay for the work.

 

[D Skelton]

Tend to add 100% for items under £5 and 20% for everything else. Then again, if I'm quoting for a nice big job then I don't mind charging trade price coz I know every penny saved counts in your favour with the customer over the competition.