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in this video iamp;#39;m gonna share with you how i think about setting product margins and give you the exact numbers you should be aiming for because if you set them right and price your product correctly youamp;#39;ll have the greatest chance to build a profitable business that wonamp;#39;t need any investors or loans and best of all will generate enough cash to not only fund the growth of your business youamp;#39;ll actually be able to pay yourself a decent salary setting product margin correctly can be the difference between success and failure you need to get this right if youamp;#39;re new to my channel my name is spencer i co-founded solo stove a company that started in a garage and is now a public company valued over a billion dollars i have nothing to sell you i make these videos just to share what iamp;#39;ve learned about e-commerce and entrepreneurship over the past decade if this is something youamp;#39;re interested in tap that subscribe button and the notificatio