Our trade pricing is usually in the range of 30% to 50% off manufacturer’s suggested retail price (MSRP).
As an example, if we get 30% off:
A $1,000 item would cost us $700
30% commission on $700 would be $210
The total cost for you would be $700 + $210 = $910, rather than the retail price of $1,000
30% off and then 30% commission added on translates to a 9% discount when all is said and done
On the other end of the discount specturm, if we get 50% off:
A $1,000 item would cost us $500
30% commission on $500 is $150
Total cost to you: $500 + $150 = $650
50% off and then 30% commission added on translates to a 35% discount
We get trade discounts across the board, and this applies to retail stores like West Elm, Restoration Hardware, etc. But there are instances in retail where we might get less than a 30% discount. It can at times be 20% or 25%.
A 25% discount:
A $1,000 item would cost us $750
30% commission on $750 is $225
Total cost to you: $750 + $225 = $975
25% off and then 30% commission added on translates to a 2.5% discount
If we were to get 20% off, though:
A $1,000 item would cost us $800
30% commission on $800 is $240
Total cost to you: $800 + $240 = $1040
20% off and then 30% commission added on translates to a price increase of 4%.
Please note that we do keep our 30% commission consistent across the board, regardless of the discount we get. We find that the instances of client savings greatly outweigh the few instances of 4% increases.