RETAIL PROFIT BLUEPRINT – A strategic approach to retail margins and profitability

Margin? For Retail Products

To calculate the margin when selling retail, you use the profit margin formula, which measures how much of the selling price of a product is profit.

Profit Margin Formula:

Steps:

1. Selling Price (SP): The price at which you sell the product.
2. Cost Price (CP): The cost to you of acquiring the product (including shipping, handling, and any other costs).
3. Profit: The difference between the selling price and the cost price.