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Lesson 3 of 12 · 10 min

Margin: what you actually keep

Revenue is what comes in. Margin is what’s left after it costs you to make and deliver it.

  1. 1Margin = price minus the cost of one more sale (materials, printing, shipping, fees).
  2. 2Example: a $40 print that costs $9 to print and $6 to ship, with $2 in payment fees, leaves $23. That’s a 57% margin.
  3. 3Low-margin things need lots of sales. High-margin things can work with a few.

Try it today

Work out the margin on your main product or service, in dollars and as a percent.