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itemID="https://www.oberlo.com/tools/profit-margin-calculator"><meta itemProp="position" content="2"/><meta itemProp="name" content="Article"/><meta itemProp="url" itemID="https://www.oberlo.com/tools/profit-margin-calculator"/></div></ol></nav><h1 class="text-display-lg font-display uppercase lg:text-size-display-lg text-blue-10 mt-4">PROFIT MARGIN CALCULATOR</h1><p class="mt-8 text-body-lg font-sans lg:leading-7">Determine product prices and increase profits with our calculator</p></div><div class="max-w-xl mx-auto mt-12"><div class="bg-white flex border-b border-gray-30 items-center px-2"><label for="cost" class="pl-2 text-left text-gray-70 capitalize">cost</label><input type="text" id="cost" class="h-12 w-full mx-2 text-right text-body-lg font-sans lg:leading-7" inputMode="decimal" value=""/><span class="text-right px-2 text-gray-70">$</span></div><div class="bg-white flex border-b border-gray-30 items-center px-2"><label for="margin" class="pl-2 text-left text-gray-70 capitalize">margin</label><input type="text" id="margin" class="h-12 w-full mx-2 text-right text-body-lg font-sans lg:leading-7" inputMode="decimal" value=""/><span class="text-right px-2 text-gray-70">%</span></div><div class="bg-white flex border-b border-gray-30 items-center px-2"><label for="revenue" class="pl-2 text-left text-gray-70 capitalize">revenue</label><input type="text" id="revenue" class="h-12 w-full mx-2 text-right text-body-lg font-sans lg:leading-7" inputMode="decimal" value=""/><span class="text-right px-2 text-gray-70">$</span></div><div class="bg-white flex border-b border-gray-30 items-center px-2"><label for="profit" class="pl-2 text-left text-gray-70 capitalize">profit</label><input type="text" id="profit" class="h-12 w-full mx-2 text-right text-body-lg font-sans lg:leading-7" inputMode="decimal" value=""/><span class="text-right px-2 text-gray-70">$</span></div><div class="pr-12 mt-2 text-right md:pr-0"><button class="text-blue-10" id="growth-tool-profit-calculator-clear-button"></button></div></div></section><section class="full-width-row tools-profitMarginCalculator-section [&>*:first-child_img]:w-[324px] [&>*:nth-child(3)_img]:w-[324px] [&>*:nth-child(2)_img]:w-[475px] [&>*:nth-child(4)_img]:w-[377px] [&>*:nth-child(5)_img]:w-[423px]"><div class="tools-feature-item [&>*:first_img]:w-[325px] bg-[#f4f8fb] py-24 [&:nth-child(even)>.tools-feature-item-body]:flex-col-reverse lg:[&:nth-child(even)>.tools-feature-item-body]:flex-row-reverse"><div class="flex flex-col lg:flex-row max-w-6xl px-6 mx-auto tools-feature-item-body"><div class="w-full lg:w-1/2"><picture class="bg-cover "><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png?dpr=0.25 162w,https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png?dpr=0.5 324w,https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png?dpr=0.75 486w,https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png 648w"/><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png?dpr=0.25&amp;fm=webp 162w,https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png?dpr=0.5&amp;fm=webp 324w,https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png?dpr=0.75&amp;fm=webp 486w,https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png?fm=webp 648w" type="image/webp"/><img alt="suitcase" class="w-full mx-auto" loading="lazy" src="https://cdn.shopify.com/b/shopify-brochure2-assets/004a74b55aebef71c6e489e5d7308aa9.png"/></picture></div><div class="w-full lg:w-1/2"><h2 class="text-heading-base font-sans">What is Profit Margin?</h2><div class="py-6 text-lg tools-feature-item-description"><p>Profit margin is the <a class='text-blue-10 hover:underline' href='/ecommerce-wiki/profit-margin'>measure of profitability</a> for a business. Profit margin can be calculated for anything that you can sell, including products and services.</p><p>It is important to measure your margin of profit to ensure that your business is making enough revenue to invest back into your business.</p><p>Profits can be used to grow your business through marketing, advertising, additional resources, essential software, etc.</p></div><a class="text-blue-10 hover:underline" href="#growth-tool-main-section">Calculate your profit now</a></div></div></div><div class="tools-feature-item [&>*:first_img]:w-[325px] bg-[#f4f8fb] py-24 [&:nth-child(even)>.tools-feature-item-body]:flex-col-reverse lg:[&:nth-child(even)>.tools-feature-item-body]:flex-row-reverse"><div class="flex flex-col lg:flex-row max-w-6xl px-6 mx-auto tools-feature-item-body"><div class="w-full lg:w-1/2"><picture class="bg-cover "><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png?dpr=0.25 237w,https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png?dpr=0.5 475w,https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png?dpr=0.75 712w,https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png 950w"/><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png?dpr=0.25&amp;fm=webp 237w,https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png?dpr=0.5&amp;fm=webp 475w,https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png?dpr=0.75&amp;fm=webp 712w,https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png?fm=webp 950w" type="image/webp"/><img alt="sunglasses" class="w-full mx-auto" loading="lazy" src="https://cdn.shopify.com/b/shopify-brochure2-assets/836b0b7eaf258c3f58adc335c9797218.png"/></picture></div><div class="w-full lg:w-1/2"><h2 class="text-heading-base font-sans">How is Profit Margin Calculated?</h2><div class="py-6 text-lg tools-feature-item-description"><p>Profit Margin is calculated by <a class='text-blue-10 hover:underline' href='/blog/make-money-ecommerce-store#Working_Out_Your_Profits'>finding your net profit</a> as a percentage of your revenue. In simple terms this is done by dividing your net profit by your net sales. For example, if you sell 15 products for a net revenue of $400, but the cost to source and market your product, coupled with business costs, equals $350, then your profit margin is (400-350)/400. This means your profit margin is 12.5%</p><p><strong>Profit Margin = Gross Profit (Total Sales – Total Expenses) / Total Sales</strong></p><p>Once you have found your profit margin you can look at your online business’ profitability and decide what markup to include on your product. Increasing your product markup will increase your profit margin over time. To discover product markup simply divide the cost of producing a product by the gross profit of the product. In the above example markup would be 14.29%, i.e. (50/350)*100.</p></div><a class="text-blue-10 hover:underline" href="#growth-tool-main-section">Calculate your profit now</a></div></div></div><div class="tools-feature-item [&>*:first_img]:w-[325px] bg-[#f4f8fb] py-24 [&:nth-child(even)>.tools-feature-item-body]:flex-col-reverse lg:[&:nth-child(even)>.tools-feature-item-body]:flex-row-reverse"><div class="flex flex-col lg:flex-row max-w-6xl px-6 mx-auto tools-feature-item-body"><div class="w-full lg:w-1/2"><picture class="bg-cover "><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png?dpr=0.25 182w,https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png?dpr=0.5 365w,https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png?dpr=0.75 547w,https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png 730w"/><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png?dpr=0.25&amp;fm=webp 182w,https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png?dpr=0.5&amp;fm=webp 365w,https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png?dpr=0.75&amp;fm=webp 547w,https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png?fm=webp 730w" type="image/webp"/><img alt="camera" class="w-full mx-auto" loading="lazy" src="https://cdn.shopify.com/b/shopify-brochure2-assets/0439c9f1872d761bc8fd92a70adf53e5.png"/></picture></div><div class="w-full lg:w-1/2"><h2 class="text-heading-base font-sans">Our profit margin calculator?</h2><div class="py-6 text-lg tools-feature-item-description"><ul class='list-disc pl-4'><li><strong>Cost - </strong>The absolute cost to produce or source a product. This includes the cost of labor, materials, and <a class='text-blue-10 hover:underline' href='/ecommerce-wiki/variable-cost'>variable costs</a>. It is important to know this cost so you can plan profit accordingly.</li><li class='mt-6'><strong>Margin - </strong>When pricing a product the margin cost is the percentage increase you apply to the cost in order to make a profit from a sale. During the <a class='text-blue-10 hover:underline' href='/blog/pricing-strategy-for-ecommerce'>pricing stage of a product</a> this margin is important to know so it can be altered when needed.</li><li class='mt-6'><strong>Revenue - </strong>Profit added to the cost of the product equates to the revenue figure, which is the total amount received for a product by a customer. It is important to know the exact amount of money you have received, in order to gauge the success of a product.</li><li class='mt-6'><strong>Profit - </strong>is your revenue minus costs. In order to benchmark success on a regular basis profit must be known. Profit should increase consistently to ensure growth in a business.</li></ul></div><a class="text-blue-10 hover:underline" href="#growth-tool-main-section">Calculate your profit now</a></div></div></div><div class="tools-feature-item [&>*:first_img]:w-[325px] bg-[#f4f8fb] py-24 [&:nth-child(even)>.tools-feature-item-body]:flex-col-reverse lg:[&:nth-child(even)>.tools-feature-item-body]:flex-row-reverse"><div class="flex flex-col lg:flex-row max-w-6xl px-6 mx-auto tools-feature-item-body"><div class="w-full lg:w-1/2"><picture class="bg-cover "><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png?dpr=0.25 188w,https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png?dpr=0.5 377w,https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png?dpr=0.75 565w,https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png 754w"/><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png?dpr=0.25&amp;fm=webp 188w,https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png?dpr=0.5&amp;fm=webp 377w,https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png?dpr=0.75&amp;fm=webp 565w,https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png?fm=webp 754w" type="image/webp"/><img alt="unicorn floatie" class="w-full mx-auto" loading="lazy" src="https://cdn.shopify.com/b/shopify-brochure2-assets/588006c929f336fc54f53e6dadb09b1d.png"/></picture></div><div class="w-full lg:w-1/2"><h2 class="text-heading-base font-sans">What is a Good Profit Margin?</h2><div class="py-6 text-lg tools-feature-item-description"><p>Profit margin differs depending on the industry but a good average is 10%. If you are in clothing, due to the immense competition this percentage can be as low as 2%. Other industries that have higher profit margin include Software as a Service (SaaS) and financial services.</p><p>Knowing your profit margin is important as it helps you grow your business by alerting you to excess spending or underperforming products. If your profit margin is below the average for your industry you should reassess your expenses and see where you can cut costs. This could be in the form of changing supplier to a cheaper alternative, spending less on marketing, or optimizing advertising to get more bang for your buck.</p><p>A great advantage of having a good profit margin means that you can invest in <a class='text-blue-10 hover:underline' href='/blog/easiest-ways-find-winning-products'>potential new products</a> that can help you build your brand and catalogue into new markets.</p></div><a class="text-blue-10 hover:underline" href="#growth-tool-main-section">Calculate your profit now</a></div></div></div><div class="tools-feature-item [&>*:first_img]:w-[325px] bg-[#f4f8fb] py-24 [&:nth-child(even)>.tools-feature-item-body]:flex-col-reverse lg:[&:nth-child(even)>.tools-feature-item-body]:flex-row-reverse"><div class="flex flex-col lg:flex-row max-w-6xl px-6 mx-auto tools-feature-item-body"><div class="w-full lg:w-1/2"><picture class="bg-cover "><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png?dpr=0.25 211w,https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png?dpr=0.5 423w,https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png?dpr=0.75 634w,https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png 846w"/><source srcSet="https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png?dpr=0.25&amp;fm=webp 211w,https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png?dpr=0.5&amp;fm=webp 423w,https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png?dpr=0.75&amp;fm=webp 634w,https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png?fm=webp 846w" type="image/webp"/><img alt="sneakers" class="w-full mx-auto" loading="lazy" src="https://cdn.shopify.com/b/shopify-brochure2-assets/479958d0bd3da68f2f5324fc1aee46cf.png"/></picture></div><div class="w-full lg:w-1/2"><h2 class="text-heading-base font-sans">Why is a Profit Margin Important in Commerce?</h2><div class="py-6 text-lg tools-feature-item-description"><p>Profit margin is a super useful metric to have for your business. It can help you plan your spending, and highlight when it is time to reassess suppliers. But if you are a dropshipper profit margin can ensure your success through informing your pricing strategy, marketing budget, and benchmark your business against your competitors.</p><p>It is important to note that higher revenue does not mean higher profit margin. If you are spending too much on marketing or pricing products incorrectly, you can end up making less money.</p><p>If you are finding that this is the case for you, you can try new suppliers, cut marketing spend on inefficient platforms, unsubscribe from software that you don’t use often but pay for, and generate more revenue through innovative <a class='text-blue-10 hover:underline' href='/blog/guide-to-seo-101'>free channels like SEO</a>.</p></div><a class="text-blue-10 hover:underline" href="#growth-tool-main-section">Calculate your profit now</a></div></div></div></section><section class="container w-full mx-auto px-8 plg:px-[5.625rem] py-20 md:m-auto md:max-w-228"><h2 class="text-display-lg font-display uppercase lg:text-size-display-lg text-blue-10">FAQS</h2><ul><li id="how-does-the-traffic-calculator-work"><h3 class="font-bold mt-12 text-body-lg font-sans leading-6 lg:leading-7 space-y-6"><a href="#how-does-the-traffic-calculator-work">Is Oberlo's Profit Margin Calculator Free?</a></h3><p class="text-body-base font-sans mt-4">Yes, our profit margin calculator is 100% free. To get started, simply enter the cost to produce your product, including labor and materials, and the percentage increase you apply to the cost in order to make a profit from a sale. Then our calculator will give you the revenue and profit you should receive through sales.</p></li><li id="is-the-traffic-calculator-free"><h3 class="font-bold mt-12 text-body-lg font-sans leading-6 lg:leading-7 space-y-6"><a href="#is-the-traffic-calculator-free">What is a high profit margin business?</a></h3><p class="text-body-base font-sans mt-4">Small businesses with high profit margin include: app development agencies, accountants, financial planning, real estate agencies, and marketing consultancy. This is due to the low overheads that these business may experience, or the advanced specialism that the job requires. Other small businesses earn high profit margins, these are just examples.</p></li><li id="how-does-the-traffic-calculator-work"><h3 class="font-bold mt-12 text-body-lg font-sans leading-6 lg:leading-7 space-y-6"><a href="#how-does-the-traffic-calculator-work">What other tools should I use for my business?</a></h3><p class="text-body-base font-sans mt-4">There are many other free tools you can use for your business. You can try a <a class='text-blue-10 hover:underline' href='https://www.shopify.com/tools/qr-code-generator?prev_msid=6397e41a-201F-40D8-2152-6270EA49620E'>free QR code generator</a> tool to get more people on your website, a <a class='text-blue-10 hover:underline' href='https://www.shopify.com/tools/logo-maker?prev_msid=6397e41a-201F-40D8-2152-6270EA49620E'>free logo maker</a> to create the perfect logo for your brand, or a <a class='text-blue-10 hover:underline' href='https://www.shopify.com/tools/barcode-generator?prev_msid=6397e41a-201F-40D8-2152-6270EA49620E'>barcode generator</a> to identify and track retail products quickly</p></li></ul></section></main><footer class="py-6 px-8 sm:px-16 md:px-0 bg-black text-white relative"><div class="md:container md:w-full md:mx-auto py-6"><div class="hidden lg:flex space-x-16"><div class="w-1/4"><svg width="119" height="112" viewBox="0 0 119 112" xmlns="http://www.w3.org/2000/svg" class="text-gray-10 fill-current mr-auto 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Profit margin can be calculated for anything that you can sell, including products and services.\u003c/p\u003e\u003cp\u003eIt is important to measure your margin of profit to ensure that your business is making enough revenue to invest back into your business.\u003c/p\u003e\u003cp\u003eProfits can be used to grow your business through marketing, advertising, additional resources, essential software, etc.\u003c/p\u003e\",{\"_229\":239,\"_231\":240,\"_233\":234,\"_235\":236,\"_145\":241},\"how-is-profit-margin-calculated\",\"How is Profit Margin Calculated?\",\"\u003cp\u003eProfit Margin is calculated by \u003ca class='text-blue-10 hover:underline' href='/blog/make-money-ecommerce-store#Working_Out_Your_Profits'\u003efinding your net profit\u003c/a\u003e as a percentage of your revenue. In simple terms this is done by dividing your net profit by your net sales. For example, if you sell 15 products for a net revenue of $400, but the cost to source and market your product, coupled with business costs, equals $350, then your profit margin is (400-350)/400. This means your profit margin is 12.5%\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eProfit Margin = Gross Profit (Total Sales – Total Expenses) / Total Sales\u003c/strong\u003e\u003c/p\u003e\u003cp\u003eOnce you have found your profit margin you can look at your online business’ profitability and decide what markup to include on your product. Increasing your product markup will increase your profit margin over time. To discover product markup simply divide the cost of producing a product by the gross profit of the product. In the above example markup would be 14.29%, i.e. (50/350)*100.\u003c/p\u003e\",{\"_229\":243,\"_231\":244,\"_233\":234,\"_235\":236,\"_145\":245},\"our-profit-margin-calculator\",\"Our profit margin calculator?\",\"\u003cul class='list-disc pl-4'\u003e\u003cli\u003e\u003cstrong\u003eCost - \u003c/strong\u003eThe absolute cost to produce or source a product. This includes the cost of labor, materials, and \u003ca class='text-blue-10 hover:underline' href='/ecommerce-wiki/variable-cost'\u003evariable costs\u003c/a\u003e. It is important to know this cost so you can plan profit accordingly.\u003c/li\u003e\u003cli class='mt-6'\u003e\u003cstrong\u003eMargin - \u003c/strong\u003eWhen pricing a product the margin cost is the percentage increase you apply to the cost in order to make a profit from a sale. During the \u003ca class='text-blue-10 hover:underline' href='/blog/pricing-strategy-for-ecommerce'\u003epricing stage of a product\u003c/a\u003e this margin is important to know so it can be altered when needed.\u003c/li\u003e\u003cli class='mt-6'\u003e\u003cstrong\u003eRevenue - \u003c/strong\u003eProfit added to the cost of the product equates to the revenue figure, which is the total amount received for a product by a customer. It is important to know the exact amount of money you have received, in order to gauge the success of a product.\u003c/li\u003e\u003cli class='mt-6'\u003e\u003cstrong\u003eProfit - \u003c/strong\u003eis your revenue minus costs. In order to benchmark success on a regular basis profit must be known. Profit should increase consistently to ensure growth in a business.\u003c/li\u003e\u003c/ul\u003e\",{\"_229\":247,\"_231\":248,\"_233\":234,\"_235\":236,\"_145\":249},\"what-is-a-good-profit-margin\",\"What is a Good Profit Margin?\",\"\u003cp\u003eProfit margin differs depending on the industry but a good average is 10%. If you are in clothing, due to the immense competition this percentage can be as low as 2%. Other industries that have higher profit margin include Software as a Service (SaaS) and financial services.\u003c/p\u003e\u003cp\u003eKnowing your profit margin is important as it helps you grow your business by alerting you to excess spending or underperforming products. If your profit margin is below the average for your industry you should reassess your expenses and see where you can cut costs. This could be in the form of changing supplier to a cheaper alternative, spending less on marketing, or optimizing advertising to get more bang for your buck.\u003c/p\u003e\u003cp\u003eA great advantage of having a good profit margin means that you can invest in \u003ca class='text-blue-10 hover:underline' href='/blog/easiest-ways-find-winning-products'\u003epotential new products\u003c/a\u003e that can help you build your brand and catalogue into new markets.\u003c/p\u003e\",{\"_229\":251,\"_231\":252,\"_233\":234,\"_235\":236,\"_145\":253},\"why-is-a-profit-margin-important-in-commerce\",\"Why is a Profit Margin Important in Commerce?\",\"\u003cp\u003eProfit margin is a super useful metric to have for your business. It can help you plan your spending, and highlight when it is time to reassess suppliers. But if you are a dropshipper profit margin can ensure your success through informing your pricing strategy, marketing budget, and benchmark your business against your competitors.\u003c/p\u003e\u003cp\u003eIt is important to note that higher revenue does not mean higher profit margin. If you are spending too much on marketing or pricing products incorrectly, you can end up making less money.\u003c/p\u003e\u003cp\u003eIf you are finding that this is the case for you, you can try new suppliers, cut marketing spend on inefficient platforms, unsubscribe from software that you don’t use often but pay for, and generate more revenue through innovative \u003ca class='text-blue-10 hover:underline' href='/blog/guide-to-seo-101'\u003efree channels like SEO\u003c/a\u003e.\u003c/p\u003e\",\"frequentlyAskedQuestions\",[256,262,266],{\"_233\":257,\"_258\":259,\"_260\":261},\"how-does-the-traffic-calculator-work\",\"question\",\"Is Oberlo's Profit Margin Calculator Free?\",\"answer\",\"Yes, our profit margin calculator is 100% free. To get started, simply enter the cost to produce your product, including labor and materials, and the percentage increase you apply to the cost in order to make a profit from a sale. Then our calculator will give you the revenue and profit you should receive through sales.\",{\"_233\":263,\"_258\":264,\"_260\":265},\"is-the-traffic-calculator-free\",\"What is a high profit margin business?\",\"Small businesses with high profit margin include: app development agencies, accountants, financial planning, real estate agencies, and marketing consultancy. This is due to the low overheads that these business may experience, or the advanced specialism that the job requires. Other small businesses earn high profit margins, these are just examples.\",{\"_233\":257,\"_258\":267,\"_260\":268},\"What other tools should I use for my business?\",\"There are many other free tools you can use for your business. 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