Calculating profit margins is essential for understanding the profitability of your online store.
Disclaimer: This example is not based on real gross costs. It’s purely hypothetical and is not an indicator of exact prices and figures.
Let’s say we’re selling a hoodie within the United States from a locally-based Print Provider, and we’re aiming for a profit margin of 40%.
Now that we have the total cost, let’s calculate the selling price with a 40% profit margin:
This brings us to the final selling price of $43.23 (total cost + profit margin).
Utilizing Printify’s POD platform is an excellent way to tap into eCommerce with plenty of top-quality items to sell online. Start profiting from high-margin products in a few easy steps.
Your first step is to register for a free Printify account. This simple setup is the gateway to a world of high-profit-margin products to sell in your online store.
Explore our extensive Catalog of over 900 products to sell online and pick ones that resonate with your brand. Whether it’s stylish apparel or high-quality phone accessories with your designs, there’s something for every niche.
With Printify’s beginner-friendly Product Creator’s design tools, transform these products into unique pieces of art that capture your brand’s essence. Use the Text Editor, add up to ten layers of designs, or create brand-new art with our AI Image Generator.
Written by
Anita Njoki
Anita is a seasoned copywriter and content project manager for the Printify success stories project. Our goal is to bring closer the voices of the merchants we so diligently work with. We are honoured to be part of your success story.
