Introduction: Beginning sellers who dream of owning successful businesses often face a problem: their goods sell well, but profits leave much to be desired. In an attempt to remedy the situation, they may change prices, merchandise or participate in promotions, but the results remain unsatisfactory.

The cause of such mistakes may be a misunderstanding of economic calculations when launching sales or choosing the wrong strategy. Sellers may lack the knowledge to assess their store's margins and understand what metrics to use when selecting merchandise to improve the situation.

Margin is a key measure of business profitability and is often confused with margin. Margin is the profit after deducting all expenses from total revenue. Margin is measured as a percentage and can vary, but cannot exceed 100%. A steady decline in this indicator is a serious signal to adjust the operating strategy.

Product markup is also important in calculating product profitability. This percentage contains the margin that the seller wants to get from each unit of goods. The size of the markup depends on the specifics of the product and market realities.

The cost of goods represents the price at which the seller buys goods from the supplier and is one of the main parameters for calculating the necessary investment in the business. Fixed costs are not subject to change and may include marketplace commissions, while variable costs such as advertising or design may change on a monthly basis.

Business margins depend on the optimal balance of several factors and indicators, and on the seller's ability to quickly influence them.

Formulas for calculating margin and margins may differ, but understanding their principles allows sellers to assess the profitability of their business and make informed decisions.

Agreed, it would be wonderful if every product made 100% profit. However, not all goods have high margins, so finding a profitable product becomes part of the routine for sellers on marketplaces. However, for TakeaBot users, this task becomes much easier thanks to access to a unique database of top sellers, where they can easily explore current and in-demand products.

All goods can be roughly divided into three categories: low-, medium-, and high-margin goods. Low-margin goods make a small profit per unit, but have a high turnover rate and constant demand. Medium-margin goods cost more but are purchased less frequently, and high-margin goods are usually purchased infrequently but have high net profits.

    Conclusion: Thus, access to a unique database of top sellers on TakeaBot makes the task of finding profitable products easier for users, and TakeaBot's functionality also includes margin accounting, which requires filling in all product cost data to correctly display these figures.