Glossary
Markup
An amount added to net or public prices to achieve margin. Markups are often set by supplier, product, market, agency tier and currency, with effective dates.
A rules engine applies markup consistently and transparently across verticals and tiers, and should combine with commission and fees to produce correct invoices and statements.
Selling in more than one market? Each markup rule also needs a currency; see our guide to selling travel to sub-agents abroad.
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