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Margins


Econoo

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I have been importing my products in bulk and i have been entering what i thought the cost and purchase cost was for each product and the margins are all out. can anyone explain the break down into each item?

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Hello there!

The following formula calculates the margin of your items:

(Price - cost ) / price* 100

(here is an example you can refer to):

image(21).thumb.png.cfd4fa5ab709f76644ecd672d2f6831b.png


( 15 - 3 ) / 15 * 100 = 80

 

Hope this was helpful!

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