Whats the typical jewelry store markup on their goods?
When I worked in a fine jewelry store in 80's the diamonds were marked up 300% & gold chains were 100% mark up. They don't make a lot of money off of name brand watches. I'm not sure how much.
200%. It's ridiculous to buy jewelry at retail prices.
They double or triple what they paid for it. The price you pay them has nothing to do with how much it's worth. A diamond is worth less than one third of what you pay