resellflip Guides

Tool · published on

Profit margin calculator

The number that matters is not the gap between what you paid and what you sold for. It is what is left once the shipping is paid and the commission is taken — and the distance between the two is what separates a business that pays from one that keeps you busy.

The calculation

Your item
Net profit —

Nothing is pre-filled on your behalf. A fee schedule changes without warning, and a wrong number costs more than a missing one: go and read yours off the platform. It depends on your category and on your seller status.

Amounts are in euros here. The platform you sell on bills in the currency of its own market, so if that is not the euro, read the € signs as your own currency — the arithmetic is identical. We would rather leave the symbol alone than convert at a rate we cannot keep current, which is the same reason no fee percentage is printed on this page.

Three margins, and the one to watch

The word “margin” covers three different things, and the confusion between them explains a fair share of the reselling operations that look like they work without ever leaving any money behind.

Name How it is worked out What it helps you decide
Gross margin Sale price − purchase price Nothing. It flatters, it does not guide.
Net margin What is left after fees, shipping and packaging Whether the piece was worth it
Return on capital Net margin against the money you tied up Whether your money is working

The calculator above gives you the second one. That is the right one for deciding on a purchase. The third cannot be worked out on a single piece: it needs to know how long the money stayed locked up, which means tracking stock.

One note on the percentage shown: it measures profit against the sale price, not the purchase price. That is the commercial definition, and the only one that compares across items. Measured against the purchase price, a piece paid one euro would post thousands of per cent and say nothing useful.

The purchase price is not what the piece cost you

A jacket picked up for €8 in a charity shop did not cost €8. Add what you paid to get hold of it and what you pay to sell it. None of these lines is dramatic on its own; the total is.

Cost When it turns up Why it gets missed
Packaging Every shipment Bought in bulk, so never tied to a sale
The sourcing trip Every run Split across several pieces, so charged to none
Washing, mending, a battery One piece in five Too small to write down
Stock that never sells End of season It appears in no sale at all
Refunding a dispute After the fact The sale was already counted as won
Your own time Always It never leaves a bank account

The calculator will not guess them. If you want a number you can trust, fold them into the purchase price rather than ignore them. On a €35 item, two euros of packaging and travel is close to six points of margin — enough to flip a buying decision, and never enough for anyone to remember to count it.

A simple way to handle trips: divide the cost of a sourcing run by the number of pieces you came back with, and add that to each one’s purchase price. It is rough, and it is infinitely closer than zero.

What margin should you aim for?

We are not going to print a target percentage, for a simple reason: there is no universal one, and the figures in circulation are copied from one article to the next without anyone knowing where they came from. The right margin depends on three things only you know.

So the useful rule is not a threshold, it is a comparison: a piece is worth it if it beats what the same money would have earned elsewhere over the same period. That is exactly what return on capital measures, and why you end up needing it.

An example, purely as an illustration

The numbers below are here to show the mechanism. They claim nothing about a market, or about a category of goods.

What you think What it is
Purchase price €8 €8
Packaging and travel — €2
Sale price €35 €35
Shipping thrown in to close — €5
Result €27 of margin €20 of net profit
Rate 77% 57%

Twenty points of difference, with no mistake made anywhere and nothing unusual about any of the missing lines. That is the whole problem: nobody gets the arithmetic wrong, everybody leaves lines out.

The thing this calculator does not measure

Two items can post the same margin and not be worth the same. The one that goes in three days frees up cash and shelf space; the one that sits for six months ties up both, takes the shelf, and usually ends up discounted.

A margin rate says nothing about that difference. It is the limit of per-item maths, and the reason stock tracking eventually becomes necessary: turnover cannot be calculated on one piece, it can only be observed across a hundred.

Free account — 10 estimates a month

Read next: What is left after a Vinted sale · What is left after an eBay sale