Calculate your gross margin, markup and selling price in seconds. Essential for pricing products and services correctly.
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Gross Margin
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Markup
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Profit
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Margin vs Markup:Margin is profit as a % of selling price. Markup is profit as a % of cost. A 50% margin = 100% markup. Always think in margin when setting prices.
FAQs
It depends on the industry. Retail averages 2โ10%, software 60โ80%, consulting 20โ40%. As a freelancer, aim for at least 30% to cover overheads and taxes.
Gross margin = (Revenue - Cost of Goods Sold) / Revenue ร 100. It measures how much you keep from each sale before fixed costs. Net margin also deducts operating expenses and taxes.
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