Description

Woocommerce Cost of Goods

Focus Your Marketing on Top Products
The Cost of Goods extension allows you to determine your true top products by viewing which products aremost profitable for your store, not just those that generate the most revenue. Maybe you track pay-per-click or print advertising with the WooCommerce URL Coupons extension? Now you know which products to create these coupons for since you know which will earn the most for your store. Cost of Goods allows you to focus your marketing efforts on high-margin goods.

Detailed Reporting
Tracking your cost of goods is pointless without in-depth reporting to give you actionable information to improve your profitability. Reports include:

Overview – See your total sales, cost of goods, profit, and average profit per order for all-time, along with a helpful graph for the current month.
Profit by Day – See your total sales, cost of goods, profit, and average profit per order by day for a given date range.
Profit by Month – See your total sales, cost of goods, profit, and average profit per order by month for a given year.
Product Profit – See the total sales, cost of goods, and profit for selected products over the past year, grouped by month.
Most/Least Profitable Sellers – See the top 25 most or least profitable products for a given date range.
Inventory Valuation – See the total value of your entire inventory, calculated using the retail price or the cost of good.

How “Cost of Goods” Improves Your Reporting
Gives you vital information about your business – adds information about store profit and most profitable products so you know about more than just revenue
Add a Cost of Good to each Product (including variations!) to always know total costs of products sold in each order
Add a default cost to all variations for a product, which can be overridden for any single variation if needed
Apply costs to previous orders (placed before installation) when you set product cost NEW
Gain insight into your most profitable sellers so you know where to focus your marketing
See Profit & Cost Reports by day, month, or product
See a total inventory valuation based on retail prices or cost of goods.
Quickly view costs next to prices in your product manager table display