Product

Reporting Tools

Live P&L Report

Track real-time P&L metrics for immediate financial insights.

Aggregate and compare your shops' financials no matter the platform, country, and brand.

Retention & LTV

Monitor customer retention and lifetime value for long-term business health.

Real-Time Performance

Leverage high-frequency data refresh for immediate loss prevention and optimization.

Analytics Suite

Know your exact profit and costs per product, vendor, type, and collection.

See exactly what’s eating your orders' profitability.

Unlock the impact of shipping methods on LTV, AOV, repurchase rates, and overall profitability.

Master discounts data to grow your profits.

Unify and analyze marketing data across platforms to optimize strategy and ROI.

Analyze returns by date, sales channel, coupon code or country.

Compare yourself to your industry in profit, expenses, and all key parameters.

Data Management

Connect platforms and tools you work with to collect expenses, revenue, and other eCommerce data in real time.

Predicted Costs

Include all your future costs and have the most accurate picture of your net sales at all times.

Data Sync Solutions

Discover BeProfit's easy data import options: Google Sheets, Bulk update CSV, and automated UI.

Custom Expenses & Revenue

Flexible Expense and Revenue tracking from variable costs to recurring bills,with contra entries and conditional allocations.

Profit Simulators

Tweak your numbers to lift profits up

Marketing Pricing

Demo Store

Want to see our
dashboard in action?

Explore the dashboard

Watch Demo Store

Resources

Company

Want to see our dashboard in action?

you can try it here with theDemo Store!

What does a gross profit margin of 20% mean?

Asked 3 years ago

I am currently doing a case study that spins a story about a business that recycles waste from homes and has started generating a gross profit margin of 20%. What does this mean?

Gross profit margin Gross profit calculation Profit tracking E-commerce business

Payton Lynn

Thursday, February 10, 2022

The gross profit margin shows how much profit a business makes after paying its Cost of Goods Sold(COGS).  Click here to know more about gross profit margin. 
A 20% gross profit margin means that for every $1 of revenue the business gets $0.2 0 as gross profit while the $0.80 is used to pay for the COGS.

Write an answer...﻿

Cancel

Please follow our Community Guidelines

Related Articles

E-Commerce vs. Digital Marketing: What Is the Difference?

Brody Hall

Business Metrics

E-Commerce vs. Digital Marketing: What Is the Difference?

Effective Cost Leadership Strategies (With Examples)

Brody Hall

Profit Optimization

Effective Cost Leadership Strategies (With Examples)

How Suntouched Double Their Profits and Cut Expenses in Half

Staff Editor

Profit Optimization

How Suntouched Double Their Profits and Cut Expenses in Half

Ashley Stander

Staff Writer

Brody Hall

Ashley Stander

Lauren Strapagiel

Brody Hall

Rosana Antoni

Kate Pauline Galagnara

Brody Hall

Staff Writer

Can't find what you're looking for?