raz0r submitted a new resource:
YITH Cost of Goods for WooCommerce - Lets you know the profits of your sales by subtracting the costs from your revenue
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YITH Cost of Goods for WooCommerce - Lets you know the profits of your sales by subtracting the costs from your revenue
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The essential tool for monitoring the cost and profit margin of your products
Subtract costs from revenue and you get profit, your actual profit. It seems like an obvious concept, yet we often forget it when launching an e-commerce store and start selling online.
Maybe you wonder why your profit margins are so low when sales are going well. You wonder why, in spite of getting 50 orders a day, your business keeps losing money day...
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