Is COGS a direct or indirect cost?

How to Calculate COGS for Your Amazon Business

How do you calculate COGS for your Amazon business? In this post, you will discover the formula for calculating COGS and the different ways you can use it.

Is customs duty added to the cost of goods sold?

Does customs duty form part of COGS in Shopify? Or is that a separate expense?

How much does it cost to start an Amazon business?

Hi everyone, I'm considering starting up an e-commerce business through Amazon's FBA. My only question is whether it is still worth doing something like this, or has the market been too saturated

Mistakes to Avoid When Calculating Profit for Your Shopify Store in 2022

When calculating profit for you Shopify store, you may encounter a few hiccups. Here is a list of mistakes to avoid when calculating your profits.

How to Calculate WooCommerce COGS to Analyze Sales, Inventory & Gross Margins

Learn how to calculate WooCommerce COGS to gain insight into your costs of doing business and where you have potential avenues to increase profit.

3 Insights on How to Reduce Your COGS

Knowing and understanding the cost of goods sold (COGS) is vital to a business's success. Find out ways to reduce your COGS to help improve your bottom line.

What is Periodic Inventory? Definition, Advantages & Examples

Learn about periodic inventory for valuable insights into managing your business's inventory.

Average Cost Per Order (CPO): Definition, Formula & Example

Cost per order (CPO) is essential in determining pricing and profits for e-commerce businesses.

How to Calculate Cost of Goods Sold (COGS) for your Shopify Store

Learn how to calculate the cost of goods sold (COGS) for your Shopify store and why this metric is so important to the operation of your business.

How do I calculate the best shipping costs for my Shopify store?

I'm not sure if I should be charging different shipping costs for international and local shipping. How do I determine what the shipping costs should be for my online store? Does the weight of th

Tips when negotiating new supply contract.

My current supplier contract is coming to an end in 6 months and soon I'll need to start negotiating for a new one. Overall I've been very happy with my supplier and they are easy to work with bu

How do you calculate the cost of goods sold on a profit and loss account?

I've tracked my operation expenses separately to my P&L sheet, but I want to integrate them for easier management. Who here knows how to calculate it so that it works together?

How much does it cost to make a successful Shopify store?

How do you calculate gross margin without cost?

The gross margin formula seems to require the use of the profit value, and in order to get this value, costs need to be subtracted from revenue. Is it still possible to calculate the gross margin

What is the average cost of creating a 10 second video ad?

Does anyone know what the average cost of creating a 10 second video ad is?

Does reducing my e-commerce business inventory affect my COGS?

This morning I received my income statement, and when I checked for the COGS, I noticed that the figure was higher than last month. My stock wasn't moving the month before, and my COGS wasn't as

Why must directed costs be included when calculating e-commerce COGS?

The first month of my e-commerce business is almost up, so I need to calculate the COGS. I will need to total up my beginning inventory, purchase costs, labor costs, materials costs, supplies cos