Ideal gross profit margin for dropshipping shoes?
Asked 2 years ago
Hello. Anyone have benchmark info when it comes to gross profit margins on shoes, particularly running and hiking shoes? On average it's costing about $50-75 to fulfill an order (depending on the product purchased) and the sale prices range from $80-110. I've only been in business for a year and I'm quite anxious to see what the end of year reports will look like. I think I may need to raise prices?
Please follow our Community Guidelines
Related Articles
Related Posts
Blog
Kate Pauline Galagnara
4 Easy-to-Use Dropshipping Apps for E-Commerce Beginners
Blog
Ashley Stander
Gross Profit vs. Gross Margin: How Do They Differ?
Can't find what you're looking for?