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Seller_j27LWMjJoqueo

What is a good net profit margin

Is fifteen pounds a good net profit margin? This is just considering basic costs, and excluding any Sales, PPC, Advertising, etc.

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Seller_j27LWMjJoqueo

What is a good net profit margin

Is fifteen pounds a good net profit margin? This is just considering basic costs, and excluding any Sales, PPC, Advertising, etc.

06
784 views
8 replies
Reply
8 replies
user profile
Seller_j27LWMjJoqueo

I'm going to revise this because I guess it's related to the cost of the product, right?

20
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Seller_fLViBrSW573Aj

More detail needed to answer this! £15 would be a great profit on (for example) a product you sold for £20, but you really need to figure out your costs properly before selling.

I suggest using Amazons revenue calculator tool here: https://sellercentral.amazon.co.uk/revcal

20
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Seller_HmXs9Pk97Wcpt

A very subjective question with many factors to take into account. A good profit is what you determine. I'd think more in % than £ initially. Also do make sure you're calculating your P/L correctly taking into account VAT etc..

Also, make sure you check your transaction view & reports repository periodically as this is the final word on income & expenses.

30
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Seller_Jce4SXtmnEPc2

As others have mentioned, this is quite subjective since different people are comfortable with varying levels of profit. However, my advice is to prepare a profit and loss statement each month. This means keeping your bookkeeping and accounting up to date. Treat this as a priority because regularly reviewing your finances allows you to identify and address any potential issues before they escalate. That’s what I would recommend

40
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Seller_JzVm29bKwifQs

For ecom 5% is considered bad, 10-15% good, 20% and above great. These were from a Shopify report i read last week

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user profile
Seller_j27LWMjJoqueo

What is a good net profit margin

Is fifteen pounds a good net profit margin? This is just considering basic costs, and excluding any Sales, PPC, Advertising, etc.

784 views
8 replies
06
Reply
user profile
Seller_j27LWMjJoqueo

What is a good net profit margin

Is fifteen pounds a good net profit margin? This is just considering basic costs, and excluding any Sales, PPC, Advertising, etc.

06
784 views
8 replies
Reply
user profile

What is a good net profit margin

by Seller_j27LWMjJoqueo

Is fifteen pounds a good net profit margin? This is just considering basic costs, and excluding any Sales, PPC, Advertising, etc.

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06
784 views
8 replies
Reply
8 replies
8 replies
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Seller_j27LWMjJoqueo

I'm going to revise this because I guess it's related to the cost of the product, right?

20
user profile
Seller_fLViBrSW573Aj

More detail needed to answer this! £15 would be a great profit on (for example) a product you sold for £20, but you really need to figure out your costs properly before selling.

I suggest using Amazons revenue calculator tool here: https://sellercentral.amazon.co.uk/revcal

20
user profile
Seller_HmXs9Pk97Wcpt

A very subjective question with many factors to take into account. A good profit is what you determine. I'd think more in % than £ initially. Also do make sure you're calculating your P/L correctly taking into account VAT etc..

Also, make sure you check your transaction view & reports repository periodically as this is the final word on income & expenses.

30
user profile
Seller_Jce4SXtmnEPc2

As others have mentioned, this is quite subjective since different people are comfortable with varying levels of profit. However, my advice is to prepare a profit and loss statement each month. This means keeping your bookkeeping and accounting up to date. Treat this as a priority because regularly reviewing your finances allows you to identify and address any potential issues before they escalate. That’s what I would recommend

40
user profile
Seller_JzVm29bKwifQs

For ecom 5% is considered bad, 10-15% good, 20% and above great. These were from a Shopify report i read last week

00
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user profile
Seller_j27LWMjJoqueo

I'm going to revise this because I guess it's related to the cost of the product, right?

20
user profile
Seller_j27LWMjJoqueo

I'm going to revise this because I guess it's related to the cost of the product, right?

20
Reply
user profile
Seller_fLViBrSW573Aj

More detail needed to answer this! £15 would be a great profit on (for example) a product you sold for £20, but you really need to figure out your costs properly before selling.

I suggest using Amazons revenue calculator tool here: https://sellercentral.amazon.co.uk/revcal

20
user profile
Seller_fLViBrSW573Aj

More detail needed to answer this! £15 would be a great profit on (for example) a product you sold for £20, but you really need to figure out your costs properly before selling.

I suggest using Amazons revenue calculator tool here: https://sellercentral.amazon.co.uk/revcal

20
Reply
user profile
Seller_HmXs9Pk97Wcpt

A very subjective question with many factors to take into account. A good profit is what you determine. I'd think more in % than £ initially. Also do make sure you're calculating your P/L correctly taking into account VAT etc..

Also, make sure you check your transaction view & reports repository periodically as this is the final word on income & expenses.

30
user profile
Seller_HmXs9Pk97Wcpt

A very subjective question with many factors to take into account. A good profit is what you determine. I'd think more in % than £ initially. Also do make sure you're calculating your P/L correctly taking into account VAT etc..

Also, make sure you check your transaction view & reports repository periodically as this is the final word on income & expenses.

30
Reply
user profile
Seller_Jce4SXtmnEPc2

As others have mentioned, this is quite subjective since different people are comfortable with varying levels of profit. However, my advice is to prepare a profit and loss statement each month. This means keeping your bookkeeping and accounting up to date. Treat this as a priority because regularly reviewing your finances allows you to identify and address any potential issues before they escalate. That’s what I would recommend

40
user profile
Seller_Jce4SXtmnEPc2

As others have mentioned, this is quite subjective since different people are comfortable with varying levels of profit. However, my advice is to prepare a profit and loss statement each month. This means keeping your bookkeeping and accounting up to date. Treat this as a priority because regularly reviewing your finances allows you to identify and address any potential issues before they escalate. That’s what I would recommend

40
Reply
user profile
Seller_JzVm29bKwifQs

For ecom 5% is considered bad, 10-15% good, 20% and above great. These were from a Shopify report i read last week

00
user profile
Seller_JzVm29bKwifQs

For ecom 5% is considered bad, 10-15% good, 20% and above great. These were from a Shopify report i read last week

00
Reply
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