Short Description
Monitor the true profit margin on the sale of your items quickly and simply.
What you can get from it:
Easily track the true cost of the things you sell;
Determine the appropriate selling price depending on the expenses to be covered;
Identify and remove loss-making goods from the catalog; Create efficient marketing campaigns for high-profit-margin products;
Determine which items do not create ideal profitability despite the volume of sales in order to develop price strategies to boost profits.
Description
YITH Cost of Goods for WooCommerce nulled plugin The necessary tool for tracking your items’ costs and profit margins.
Subtract expenses from revenue to determine your real profit. Although it seems to be a simple notion, we often overlook it when opening an e-commerce site and beginning to sell online.
Perhaps you’re wondering why your profit margins are so low while sales are good. You’re perplexed as to why, despite receiving 50 orders each day, your firm continues to lose money day after day, until the balance sheet is in the negative.
The cause is nearly always there, buried in the folds of unconsidered expenditures.
As a result, when selling items in an online store, having a management tool that enables you to continually monitor the success of your e-commerce and assess the link between product costs and net income becomes critical.
With YITH Cost of Goods, you can quickly and easily keep track of all your real costs (shipping, taxes, VAT, fees from various payment methods, and so on) and get a clear picture of which products have a higher profit margin (and are not necessarily the ones that sell the most), how to optimize inventory by removing products with excessively high costs from sale, and what is the right selling price that covers costs and generates a real profit.
Not simply a plugin, but a true analytical tool that may make or break your e-commerce store’s financial performance.
Determine the price of each product and variant.
Each product and variant has a dedicated section where you may put the product’s base cost (which is normally the retail purchase price). To clearly explain each product’s true cost and income, the plugin will add any additional expenses to this sum.
Set the product’s price in WooCommerce.
Set the price of commodities using bulk actions.
With bulk actions, you may quickly set the price of several goods.
Do you have 100 identically priced goods in your shop? Don’t worry, you won’t have to individually set it in each product: the bulk action allows you to rapidly set the same pricing for several goods with only two clicks.
Select the parameters to be used in determining product cost.
Shipping costs, payment gateway fees, and taxes: choose which expenses to add to the product price, and the plugin will determine the entire cost to display in the reports.
Information should be shown in the sales report (YITH Cost of Goods for WooCommerce)
Report on sales (YITH Cost of Goods for WooCommerce)
In the dedicated dashboard, you can track the expenditures and earnings of the complete product portfolio.
Product pricing, revenue based on stock availability for each product, expenses, and profit margin, both in economic terms and as a percentage, may all be tracked in a single table. With this dashboard, you can see how your store is functioning and what measures you can take to cut expenses and optimize revenues.
Monitor available product stock and possible profit based on it easily.
You may monitor the available stock of each product and its yield on the plugin’s second dashboard. This helps you to determine which goods should have more stock and estimate the earnings you may make depending on the products’ real availability.
yith nulled plugin
https://wpnulled.pro/product/yith-cost-of-goods-for-woocommerce-nulled-plugin/