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Pricing percentages

Profit Margin vs. Markup for Makers

Markup and profit margin both compare profit with another number. The confusion comes from using different denominators: markup compares with cost, while margin compares with the final selling price.

Published by Maker Profitability, a Small Hours Labs project.

The same profit creates two different percentages

Suppose a product has $40 of defined cost and sells for $60. The $20 profit is 50% of the $40 cost, so the markup is 50%. But the same $20 is only one-third of the $60 selling price, so the profit margin is 33.33%. Neither calculation changes the dollars; each describes those dollars from a different reference point.

This is why substituting “50% markup” for “50% margin” understates the price required by a margin-based model. The percentages are equal only at zero.

Worked example

One fictional product, two percentage goals

This fictional example uses illustrative assumptions. It is not a recommendation or an industry benchmark.

Assumptions

  • $40.00 of defined product cost
  • No percentage or fixed selling fee in this simplified comparison
  • First calculation uses 50% markup on cost
  • Second calculation solves for a 50% profit margin on selling price

Calculation and result

  • Price after 50% markup$60.00
  • Profit at that price$20.00
  • Resulting profit margin33.33%
  • Price for a 50% margin$80.00

A 50% margin means the $40 cost must occupy the other 50% of price, so the price is $40 ÷ 0.50 = $80. At $80, the $40 profit is half of the final price.

Why Maker Profitability uses margin in its pricing target

The Handmade Product Pricing Calculator defines target profit as a share of the selling price after the entered costs and fees. That lets the percentage-based selling fee and target margin share one price denominator. The solver can then find a minimum price that covers both the cost base and those portions of revenue.

Margin is not automatically superior to markup, and this guide does not supply a universal target. The important practice is to name the measure, define the costs included, and use the matching formula consistently.