Margin vs. Markup
- MARGIN = Profit as a percentage of overall revenue
(ex. 35% of our revenues were profit).
- MARKUP = Percentage profit increase over the cost of goods/services sold
(ex. We added 35% to our total costs to give us our profit).
You can toggle whether you would like to use margin or markup across your entire SumoQuote account.
- Click Configuration.
- Go to Account Settings.
- Select Price List.
- In the Margin section, near the top of the page.
- Click Edit.
Updated about 1 year ago