Margins are crucial in pricing, to mention a few examples: Margins are looked at and used to price products, to analyze pricing data, to analyze businesses’ costs and sales and they can also be used as safeguards in pricing.
Moreover, effective pricing needs clear targets and boundaries. For example the margin target is a key figure to identify the lowest or highest acceptable gross margin you want from your products. With margin targets, you can monitor and enforce your pricing performance. A margin target is something your team will aim for (on the high side) and stop their discounts (on the low side).
Take advantage of our free margin tools to improve your ecommerce product pricing!
Use our Margin Calculator to understand how your price is in line with your costs and preferred margin target.
Put in your costs and preferred margin and see what would be an ideal price for your product.
Margin Target Calculator
With our Margin Target Calculator it is easy to realize how your price affects your margin target.
Play around your price and see how the margin target actually works.
Margins vs Margin targets
This tool allows you to study how margin targets perform against actual margins. The tool also let’s you study how price changes effect periodical margin targets on a weekly level.
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