Product Margin Calculator

Our product margin calculator is a useful tool when it comes to calculating the gross margin of your product. Simply type in your cost price and your selling price and our calculator will do it all for you.

What is a typically good product margin?

Generally, 20% is considered a healthy product margin. However, aiming for 30% or higher will give you more scope on improving your offering as a company.

How can I improve my product margin?

You can improve your product margin in several ways. The most obvious is by increasing your cost, the other is by upselling other products or add-ons that are low cost for you. For example, if someone you sold a car wash service for an outside clean for $50, you could upsell small services like tyre shine, interior cleaning, or even a small add on like a car freshener to add a healthier overall margin to your original product or service.