individualproductmargin
nounUK /ˌɪndɪˈvɪdʒuəl ˈprɒdʌkt ˈmɑːdʒɪn/
US /ˌɪndəˈvɪdʒuəl ˈprɑːdʌkt ˈmɑːrdʒɪn/
The money a shop makes from selling one item after paying what it cost.
The store checks the individual product margin on every toy to see which ones earn the most.
RELATED WORDS
OTHER MEANINGS
2. The difference between the selling price and the cost of one specific product, shown as a percentage.
The individual product margin for the handmade soap is 40 percent.
3. A measure used by a business to judge how profitable each separate item is.
Managers compare the individual product margin of drinks and snacks before changing the menu.
4. The leftover money from one sale after all direct costs for that item are paid.
Even after shipping, the individual product margin on the lamp stayed positive.