How do I calculate Black Friday profit margins?
As an e-commerce business owner preparing for Black Friday, I'm struggling to understand how to accurately calculate and optimize my profit margins during this high-volume sales period. I need a comprehensive strategy that helps me predict potential revenue, factor in all costs, and ensure I'm not losing money while offering competitive discounts. My goal is to develop a systematic approach to margin calculation that protects my business's financial health during this critical sales event.