Profit margins show how much you’re actually earning from your sales, considering the costs for building the product and service you sell, such as material and inventory costs, and expenses you make to keep your company operational and grow it, such as rent, utilities, payment to your accountant or digital marketing expenses.
Can digital marketing help increase profit margins?
It is possible to increase your profit margins with investing on digital marketing, as it will increase effectiveness of the money you spend on sales & marketing and yield more revenue! Try Magnetiq today to create beautiful ads and grow your business.
