Financial Terms
Glossary

Gross Profit Percentage

Formal

Another term for Margin. Describes the profit on a sale, or the difference between the Sales Price and Cost of Manufacture. Eg Sales price $15, Cost of Manufacture $10, then Margin = 33% being the $5 profit divided by the $15 Sales Price. NOT the same as Mark Up (50%).

Informal

See also Margin - it's the core profit on a deal. The Sales Price minus the cost price, expressed as a percentage. E.g., Sales Price $50, Cost Price $25 - then Gross Profit percentage is 50% ($25 divided by $50).

What we do

At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

By adopting the Shark approach you will fundamentally transform conversations with new and existing customers, close more business, and differentiate from the competition.