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Profit Question

12/08/2020 14:30

Happy Squatch

I am looking for some advice on profit margins. Right now I am trying to make $8.00 profit on my current t shirt designs for men's classic. I have had a few sales but I am wondering if I need to lower my prices in my shop.

I am wondering if it would be better to lower my profit margin down to $5.00 a shirt.

Is it better to sell more shirts with a lower profit margin?

Any help is greatly appreciated.

13/08/2020 09:08

Andrew Lyle

It's hard to say exactly, it really does depend on the items.

From our information, the sweet spot is around $5-6 profit. You can go higher if the items are very popular, but if your sales are slow, try lowering to around $5 profit margin.

Developer / Project Manager
Support Ticket
Twitter: @phpandrew
13/08/2020 13:55

Happy Squatch

Thank you Andrew. I will lower my profit margins as you suggested.

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