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today we want to take a look at markup verses margin while they are very similar in nature they have a big difference that could be costing you tons of profit and by learning the difference you could increase your bottom line and get you one step closer to your profit goals if I was to ask you to give me a basic definition of these words you would probably say something like the markup margin is the amount of money you make on a product or service while this is true thereamp;#39;s a little bit more to it and thatamp;#39;s what weamp;#39;re gonna take a look at now letamp;#39;s say you sell a product for a hundred and twenty dollars and it costs you a hundred dollars to produce it so if you take your sales price minus the hundred dollars in costs youamp;#39;re going to get a twenty dollar markup and some people might say well Iamp;#39;ve got a twenty dollar margin but is it really weamp;#39;re gonna find out because I think youamp;#39;re going to be surprised now keep in mind th