Calculate your product profitability with beautiful visualizations and detailed cost breakdowns
| Cost Item | Amount |
|---|---|
| Total Revenue | $0.00 |
| Product Cost | $0.00 |
| Platform Fees | $0.00 |
| Payment Fees | $0.00 |
| Shipping Costs | $0.00 |
| Advertising | $0.00 |
| Other Costs | $0.00 |
Net profit is calculated by subtracting all costs (product cost, platform fees, payment fees, shipping costs, advertising, and other expenses) from your total revenue. The formula is: Net Profit = Total Revenue - Total Costs.
Profit margin shows what percentage of revenue is profit (Net Profit / Revenue). Markup shows how much you've increased the price from cost ((Revenue - Cost) / Cost). Margin is always less than markup for the same numbers.
Key strategies: 1) Negotiate better product costs, 2) Optimize shipping/packaging, 3) Increase prices strategically, 4) Reduce return rates, 5) Improve ad targeting, 6) Upsell/cross-sell, 7) Automate processes to reduce labor costs.