Question 1

What is a good profit margin for clothing and t shirt business?

Accepted Answer

A good profit margin for clothing and t shirt business is usually between 30 percent and 60 percent. The exact margin depends on your niche, target market, product quality, competition and the overall business model.

Question 2

How do I calculate clothing business profit margin using Qikink's calculator?

Accepted Answer

To calculate your clothing business profit margin with Qikink's calculator, enter your selling price, product price, applicable GST, printing cost, printing GST and shipping charges. The calculator will show an approximate profit margin for each apparel sale.

Question 3

What is the clothing business profit margin formula?

Accepted Answer

A simple formula for clothing business profit margin is: Profit margin = (Selling Price minus (Product Price plus Product GST plus Printing Cost plus Printing GST plus Shipping)) divided by Selling Price, expressed as a percentage.