Use our profit margin calculator to find the sweet spot between increasing your profits and keeping your customers coming back for more.
Add your cost of purchasing or producing the item and shipping-out costs. Add the sales tax rate and any shipping income so you get a big picture view of your profit.
Merchant fees can be made up of variable fees, based on a fixed percent (e.g., 2.9% per transaction) and fixed fees (e.g., $0.30 per transaction). You can choose your payment processor from the drop down list or, pick the 'Other' option to enter the applicable fees.
A target profit margin can vary based on many factors, including your target market, industry standards, and competitor pricing. Your profit margin, or the amount you want to walk away with from a sale, is usually a percent based on gross margin or a mark-up of the product.
Learn more by reading How to Calculate the Ideal Selling Price for Your Product.