PMpP

Profit Margin Per Product

Profit Margin per Product will help you determine which products to push, how much you can discount, and where to keep a closer eye on things because margins are tight. [1]

A good margin will vary by industry, but as a rule of thumb, a 10% net profit margin is considered average, a 20% margin is considered high, and <5% is low. [2]

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[1] Gross Merchandise Value (GMV): Definition, Formula, Examples | Yieldify. Retrieved May 21, 2021, from https://www.yieldify.com/blog/gross-merchandise-value-gmv/

[2] Corporate Finance Institute. Retrieved May 21, 2021, from https://corporatefinanceinstitute.com/resources/knowledge/accounting/profit-margin/

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