What is considered a low profit margin?
Asked 4 years ago
I am trading in beauty products and my profit margin is around 30%. It's a home-based business so no rent or salary or wages are included. I have experienced that my total profit is used to buy inventory. Is 30% profit quite low? Or anyone here is managing profit to make purchases as well as having some amount for a living? I am new to business so I don't have any idea. Your help is needed. Thank you!
Please follow our Community Guidelines
Related Articles

What Is Important When Selecting A Shopify Dropshipping and Fulfillment Partner?
Brody Hall
February 10, 2023

Out-of-Stock Police: Improve Customer Experience and SEO
Brody Hall
April 4, 2023

Organizing Your Shopify Products
Rebekah Brace
May 8, 2023
Related Posts
Can't find what you're looking for?