Cost Of Goods for WooCommerce Plugin ver 2.14.0
Online store owners may precisely monitor product costs and profits right within their WooCommerce dashboard with the help of SkyVerge's Cost of Goods for WooCommerce plugin. By including a "Cost of Good" feature in items, accurate profit calculations are made possible, allowing for data-driven decisions to maximize revenue.
Key Options of Cost of Goods for WooCommerce plugin
Per-Product Cost Tracking: Assign precise expenses to every product, including variants, to guarantee precise profit estimates for each transaction.
Historical Cost Accuracy: Even if product prices change in the future, historical data is preserved because expenses are saved at checkout.
Comprehensive Reporting:
Profit by Date: Analyze net sales, costs, and profits over selected date ranges.
Profit by Product: Evaluate individual product performance.
Profit by Category: Assess profitability across product categories.
Most/Least Profitable Products: Determine the best and worst performers to guide marketing plans.
Bulk Cost Management: To allocate costs among several goods effectively, use global rules and CSV imports.
Integration with Export Tools: Use programs such as the Order/Customer CSV Export Suite and the Customer/Order XML Export Suite to incorporate cost information into exports.
Inventory Valuation: Determine the entire inventory value using the cost of goods or retail pricing.
Why Select Cost of Goods for WooCommerce?
Enhanced Profitability Insights: Make educated judgments about pricing and marketing by gaining a thorough understanding of profit margins.
Improved Inventory Management: Restocking or discontinuing products is made easier with accurate cost tracking, which maximizes inventory turnover.
Seamless WooCommerce Integration: Created to integrate seamlessly with the WooCommerce ecosystem, guaranteeing a seamless user experience.
Time-Saving Automation: By eliminating human labor, automated cost computations and reporting free up time for critical business operations.
Cost of Goods for WooCommerce plugin provides a strong way to track and improve profitability for WooCommerce store owners who want to dig deeper into their financial indicators.
electricdruid –
Useful, but far too expensive
This is a useful feature, but to be honest, it should be included in WooCommerce by default, not as an added-extra. The price is far too high for what it does (adds one field, basically
kevintinydogllccom –
It’s good to know what you’re paying for a product on the consumers behalf, so you know what you are making on it
brggoogle –
Well, let’s see… it’s good to know what your product costs, ergo is good to have that information when you need it. It’s a simple upload, and it’s a necessity for anyone who sells products for a living.
mikrofahrzeuge –
Falsche Berechnung
Grundsätzlich wäre das eine gute funktion, ich trage bei den Produkten den Netto EK ein. Die Berechnung ist aber wohl eine völlig falsche der Gewinn liegt bei der berechnung weit über dem VK-EK. Warum das so ist finde ich nicht raus
volkerforster –
important function missing
Surprised to find only 3 checkboxes under Woo settings. This is about 5% of the settings and adjustments WPFactory’s product has to offer. Most important thing I miss: calculated profit as markup or margin on product level in the product list, to help calculating sales price.
mikkehelsingius –
Doesn’t consider past CoG values for products
If the CoG for a given product changes, the plugin doesn’t remember the old CoG value for the remaining stock that’s still being sold. Thus, when generating a report with the overall inventory value of the entire shop, the new CoG value is used for calculating the values for both the old and the new stock in the inventory. Apart from this, the plugin does a good job and is easy to use.