WooCommerce Cost of Goods 2.13.3

WooCommerce Cost of Goods: A Profit-Tracking Essential for Store Owners

The WooCommerce Cost of Goods plugin empowers online retailers with advanced financial insights by introducing cost tracking and profit analysis directly into WooCommerce. It’s a comprehensive solution for monitoring business profitability and optimizing operations.

Key Features

1. Product Cost Tracking

• Add cost data for each product and product variation, ensuring accurate expense recording.
• Include production, shipping, and additional costs to reflect true expenses.

2. Automated Profit Calculation

• Calculate profit automatically by subtracting product costs from sales revenue.
• Access per-product and overall profit metrics in real-time.

3. Detailed Financial Reporting

• Generate in-depth reports to analyze:
  • Total Profit: Track overall earnings after expenses.
  • Product Profitability: Identify the most and least profitable products.
  • Category-Based Analysis: Evaluate profitability by product categories.

4. Inventory Valuation

• Calculate the current value of inventory based on cost inputs, enabling better stock management and financial planning.

5. Data Export

• Export profit, cost, and inventory valuation data to CSV for external analysis or sharing with stakeholders.

Benefits

• Enhanced Financial Insights:
  Understand true profitability by integrating cost data into your sales analytics.
• Improved Inventory Management:
  Monitor inventory value and prioritize stock based on profit margins.
• Data-Driven Decision Making:
  Use detailed cost and profit insights to strategize pricing, marketing, and inventory decisions.
• Optimized Product Offerings:
  Focus on high-margin products while identifying and addressing low-performing items.

Why Choose WooCommerce Cost of Goods?

This plugin is ideal for store owners seeking to go beyond basic sales reporting by including vital financial metrics. Whether you’re running a small online store or managing a large inventory, WooCommerce Cost of Goods provides the tools to maximize profitability and streamline business operations.

Take control of your store’s financial health with WooCommerce Cost of Goods—track costs, optimize profits, and grow smarter.