Hiten Vakharia
Board Regular
- Joined
- Sep 25, 2013
- Messages
- 66
I'm looking for help regarding calculating profit margins when selling on marketplaces Amazon
I'd like to know if it would be possible to set the profit margin to eg. 20% and work backwards from there; have excel
calculate what my selling price should be to make the 20%?
Fixed Expenses: Amazon fees 15% on Retail Price Set+VAT on Retail Price 20%+Post and Packing £2.30
Any help would be most appreciated, thanks.
Hiten
I'd like to know if it would be possible to set the profit margin to eg. 20% and work backwards from there; have excel
calculate what my selling price should be to make the 20%?
Fixed Expenses: Amazon fees 15% on Retail Price Set+VAT on Retail Price 20%+Post and Packing £2.30
Any help would be most appreciated, thanks.
Hiten