Markup Vs Margin, youtube mp3 indir

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Markup vs Margin

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What is markup and what is margin?

Markup and margin are both different ways of looking at your profit on a sale. They are similar because they focus on the same amount of money, the difference is between your buying, and selling prices. They generally express that amount as a percentage.

Mark up is the percentage by which you bump up the prices.

Margin, on the other hand, tells you what percentage of a sale is profit.

Your markup percentage is always bigger than the margin percentage, even though they refer to exactly the same amount of money.

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These videos are intended as a general guide only. Please consider what is best for your business. If you require further information specific to your business needs, please speak to your professional advisor/s