March 28, 2023

Markup vs. Margin: Pricing Difference Explained For Trades Businesses

Are you making this common pricing mistake? In this video, we share a how easy it is to confuse markup and margin and make less profit than intended. If you're a trades business owner or manager, this is a must-watch!

Understanding the difference between markup and margin is crucial for any business, especially trades businesses. By the end of this video, you'll have a clear understanding of these key concepts and be able to make smarter pricing decisions for your own business. 📈

If you enjoyed this video and found it helpful, please like, subscribe, and share it with other trades businesses that might benefit from it. 👍 And don't forget to hit the notification bell 🔔 to stay updated with our latest content.

We'd love to hear your thoughts! Have you ever made a similar mistake in your business? Let us know in the comments below. We're always looking for ways to help our community grow and thrive. 💬

Transcript