Mark up.

[Yourmom]

Was just wondering, what is the average mark up seed banks make per seed?
So say they are selling a bean in a breeders packaging for say $20, how much would they make on that? How much goes to the breeder?

 

[BII]

I'd presume that online seed retailers, like other retailers, need as much as 100% markup as they can get. For example, if a seed costs them $10, need to get near $20 each for singles or the lowest number sold. But I could be way off, with seeds only costing a $1-2 dollars each if buying 1,000s from a supplier; so markups could be much higher for the larger online sellers.

Keep in mind, markup, the selling price relative to the item's cost, is not the same as profits. A high markup does not assure that you make a profit. These companies have lots of costs to cover; markups need to be at least those normal for similar retailers.

 

[Yourmom]

I'd presume that online seed retailers, like other retailers, need as much as 100% markup as they can get. For example, if a seed costs them $10, need to get near $20 each for singles or the lowest number sold. But I could be way off, with seeds only costing a $1-2 dollars each if buying 1,000s from a supplier; so markups could be much higher for the larger online sellers.

Keep in mind, markup, the selling price relative to the item's cost, is not the same as profits. A high markup does not assure that you make a profit. These companies have lots of costs to cover; markups need to be at least those normal for similar retailers.

Isnt it interesting how little traction this issue recieves? All we have are assumption and guesses? Of course the breeders and resellers are in the business of profit, yet how much profit is a mystery. I can only assume that given some of the packaging these seeds arrive in, the mark up must be considerable. Personally, id rather pay less and have functionally effective minimalist packaging than the wasteful unnecessary and expensive packaging currently in fashion.
But thats just me i guess.