Mark up

usgb
phrasal verb

Increase the price of something.

The retailer marked up the price of the designer dresses.
Visual representation of "mark up" - Increase the price of something

Often appears as...

  • mark_up the price
  • substantial mark up

Usage tips

Academic, Technical

Definition 1 of 5
Visual representation of "mark up"
LampPro Tip 1/2

Price Psychology

Retailers may mark up items as a strategy to create a perception of higher quality.

Illustration for Price Psychology
The boutique marked up its handbags, and they seemed more desirable.
LampPro Tip 2/2

Consumer Reaction

Shoppers might view a mark up negatively, perceiving it as unfair overpricing.

Illustration for Consumer Reaction
Customers complained after the store marked up essential items.
Visual representation of the word "Mark up"

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