Is This Profit Margin Calculator Free to Use?

Absolutely! We've designed this calculator to help entrepreneurs and business owners to make it easier to keep track of costs and profits. You'll see that with just a few clicks and the necessary data, you'll have your profit margins and sales price in a matter of seconds.

How Do I Calculate My Profit Margin?

Well, you don't have to! Our tool will do the work for you within seconds. Just make sure you have on hand your base cost, the profit margin you'd like to earn, the number of items you want to sell, and the approximate expenses you might have. Then, you just need to fill every box with the quantity. If in doubt, here we briefly share with you the steps to follow to use our calculator: Enter your base cost; this is what it costs you to purchase a product. Enter the profit margin you'd like to receive, and click enter. By default, you'll see your profit and the price you should sell your item to generate that profit. In the next section, you can calculate your total profit depending on the number of items you intend to sell and your possible expenses. Just fill in the respective boxes and click on "Calculate total profit," and that's it! You'll know exactly how much your profit will be.

What Is a Good Profit Margin?

This will depend on your business, your niche, and the products you sell. However, some experts say that 15-30% is a good margin for your business. Although 30% could be considered very high. On the other hand, you should always pay attention to market conditions and set a price that is neither too high, which could be a challenge to sell it, nor too low to make no profit. Always remember to value your work, creativity, and dedication.

Online Business Profit Margin Calculator

Before we start selling a product, we must see if our investment will bring us a profit. Sometimes, we tend to be more creative and ignore the numbers, that's the reason why , envato placeit have created this Profit Margin Calculator tool. You just enter your data and, in the blink of an eye, you will know at what price to sell your product to achieve your desired profit margins. Let’s dive in!

How to Use Our Free Tool?

Enter your Product base cost; this is how much it costs to purchase a product. For example, a Women’s Premium Tee costs 12.82 USD; enter that number in the first box.
Then, in the box on the right, “Desired profit“, enter the percentage of profit you’d like to receive. Let’s suppose you want to get a 65% profit. Click “Enter”. By default, your profit will appear equivalent to the % of the profit you previously set. That is, in this example, 65% = 8.33 USD is “Your Profit”
Then you’ll see that Your sale price has also been calculated. This is the result of adding the Product base cost (12.82) plus Your profit (8.33) = 21.15 Your sale price.

Pro Tip: It’s recommended to set the final t-shirt price to end at .99 and start selling in a single POD shop.

🤑 In the next section, which is optional, you can calculate your total profit if you intend to sell more than one item and include extra costs.

Move the pointer from left to right to calculate the number of products you want to sell. From 1 to 500
In the below box, “Costs to consider,” we recommend including your shipping and marketing costs. Or any other expenses you might want to include to calculate your real profit.
Once you’re clear, enter the number. For this example, we’ll assume that our additional costs were 10 USD. Once you enter this amount, just hit enter or press the purple button that says “Calculate Total Profit” and you’ll know how much you can earn for selling 10 t-shirts.

Why Do You Need a Profit Margin Calculator?

If you want to start selling t-shirts online on a print-on-demand website like Merch by Amazon, Society6, Redbubble, Threadless, or Spreadshirt, then you need a profit margin calculator. Why? Easy! To calculate how much money you can make by selling t-shirts online on a print-on-demand website. This way, you will be able to know if it is profitable to venture down this path, but also discover and compare which is the best alternative that will generate the highest profits for you.

Online Business Profit Margin Calculator

This calculator will help you find how worth is your product.

Calculate Your Profit

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How to Use Our Free Tool?

Why Do You Need a Profit Margin Calculator?