Concept · Business and metrics
Gross margin
Also called: margin, margins, gross profit
The part of each sale you keep after paying the direct cost of making and delivering what you sold.
For example: You sell a candle for 20 dollars. It costs 8 dollars to make and ship. You keep 12 dollars, a gross margin of 60 percent.
Connects to 5
- Revenue Concept
- Profit Concept
- Unit economics Concept
- EBITDA Concept
- Bill of materials Concept