Estimated net profit$9.00
Estimated profit after the costs and fees entered.
Profit margin75.00%
Markup on product cost300.00%
Profit per item$9.00
Total customer payment$12.00
Product sales$12.00
Shipping collected$0.00
Cost of goods$3.00
Selling + processing fees$0.00
Packaging$0.00
Actual shipping cost$0.00
Total expenses$3.00
Margin vs. markup: Profit margin is the percentage of total customer revenue left as estimated profit. Markup compares estimated profit with your wholesale product cost. They are not the same number.
For business-planning and educational purposes. Taxes, returns, advertising, labor and overhead are not included unless you account for them separately.
Continue gaining knowledge by reading my Ultimate Wholesale Jewelry Knowledge Base