Margin calculator: markup vs margin

Enter what a line costs you and see the price, the gross profit, the margin and the markup together, with the quantity breaks worked out. Everything is in pounds and excludes VAT unless you turn it on.

Your costs

Enter what the job costs you. The price comes out on the right.

Cost per unit

What the supplier charges you for one, excluding VAT.

Print, embroidery or engraving charged per piece.

One-off costs on the order

One-off costs are spread across the quantity, which is why the unit price falls as the quantity rises.

Quantity and target
Price to a target
Sell price = cost ÷ (1 - margin ÷ 100)
£18.41 ÷ (1 - 35 ÷ 100) = £28.32 a unit
VAT

Margin and markup are always worked out on the figures excluding VAT. VAT is not yours to keep, so it never counts as profit.

What to charge

At 250 units, priced to a 35.0% margin.

£28.32

Unit sell price, excluding VAT

£7,080.00

Line total, excluding VAT

£2,477.50

Gross profit on the line

£4,602.50

Total cost to you

35.0%

Margin - profit as a share of the sell price

53.8%

Markup - profit as a share of the cost

Fully loaded unit cost
(£16.40 + £1.85) × 250 + £40.00 one-off = £4,602.50, which is £18.41 a unit.

Quantity breaks

The same costs and the same margin target, spread across four common break quantities.

All figures exclude VAT. The row matching your quantity is highlighted.
QuantityUnit costUnit sellLine totalGross profitMargin
100£18.65£28.69£2,869.00£1,004.0035.0%
250£18.41£28.32£7,080.00£2,477.5035.0%
500£18.33£28.20£14,100.00£4,935.0035.0%
1,000£18.29£28.14£28,140.00£9,850.0035.0%

This is one line. A real quote has twenty.

Zigaflow does this arithmetic on every line of every quote, using the cost from the actual supplier purchase order rather than a figure typed in once and forgotten.

See it on a real quote

Margin and markup are not the same number

Both describe the same gross profit. They differ in what they divide it by, which is why a 50% markup is only a 33.3% margin and why quoting the two as if they were interchangeable is the quietest way to lose money on a job.

Margin % = (sell price - cost) ÷ sell price × 100
Profit as a share of what the customer pays.
Markup % = (sell price - cost) ÷ cost × 100
Profit as a share of what it cost you.

To price to a target margin, divide rather than multiply: sell price = cost ÷ (1 - margin ÷ 100). A £10 cost at a 30% margin is £14.29, not £13. Multiplying by 1.3 gives you a 30% markup and a 23.1% margin, and the gap is the part nobody notices until the year end.

How to price promotional products in the UK

A promotional line is rarely one cost. The supplier charges for the item, decoration is charged per piece, and origination and carriage are one-offs on the order. Spread the one-offs across the quantity before applying any margin - that is what the calculator does, and why the unit price falls as the quantity rises.

Quantity breaks are arithmetic, not a favour: at 100 units a £22 setup is 22p a piece, at 1,000 it is 2p. A small run carries the same one-off costs as a large one, so a flat percentage on the item cost alone under-prices it every time.

Work in pounds excluding VAT throughout. VAT is collected for HMRC, so it never belongs in a margin calculation.

Price off the supplier cost, not the list price

The cost that matters is the one on the purchase order, after the price break, the settlement discount and carriage. A margin worked out on a catalogue price nobody paid is a forecast, not a fact.

Zigaflow does this for you

The margin on the job, not on a spreadsheet

Zigaflow carries the forecast cost from the quotation and the actual cost from the linked purchase orders, so the margin on a job moves as the job does.

  • Forecast against actual cost on every line, with the running profit on the job
  • Actual cost comes from the linked purchase orders, stock allocation or a manual entry
  • Order book and margin reports saved and emailed on a schedule

Questions people ask

Margin, markup and how to price a trade line.

See the margin before the quote goes out

Book a demo and we will price a real line of yours in Zigaflow, from the supplier cost up.