Profit Calculation
Read the opinions of other e-commerce sellers about the best profit tracking and calculation apps and plugins and share your own.
Recent Questions
What is the average profit margin for dropshipping?
Is dropshipping worth it? What is the average profit margin for dropshipping recently? I've just been wondering if it is profitable seeing as it have become so popular seemingly overnight. Asked 2 years ago
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8.9k
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Gross profit vs. net profit margin for calculating profitability?
If I were calculating the profitability of a business, would it be better for me to use the gross profit margin or the net profit margin? Are they both more or less the same calculation, or is one a more definitive profit margin metric than the other? What are the advantages and disadvantages of using either profit metric for calculating overall profitability?Asked 2 years ago
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6.1k
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Incremental revenue: How do you calculate it in Excel?
What does the excel formula for incremental revenue look like?Asked 2 years ago
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2.9k
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Actual costs vs. projected costs: What's the difference?
Hi, I've been told that I should work out the projected costs of my business before I jump in and do. Since I'd be using the true cost of items/business expenses (how else do I maintain accuracy), they'd be the same. So, how do I differentiate projected costs from actual costs?Asked 2 years ago
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6.4k
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Snapchat: What is a good click-through rate?
Is a good CTR what gets your promoted? How does it work? Asked 2 years ago
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4.1k
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What is considered a good ROAS for Instagram?
Where do you ideally want your return on ad spend to sit when you use Instagram as your choice of social media marketing platform?Asked 2 years ago
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2.3k
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What is the best Excel alternative?
Microsoft Excel seems a bit dated and difficult to navigate, and I'm looking for a viable alternative that is both free and user-friendly. I'm looking for something that can handle the large data sets associated with e-commerce since it will predominantly be used for profit analysis.Asked 2 years ago
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1.3k
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How do you calculate gross profit based on the net profit?
As to calculating gross profit vs net profit, do I need to subtract my expenses beforehand? Is there a formula for calculating gross profit percentage from net profit? I understand that you would conventionally calculate the net profit once you already have the gross profit, but what if you don't have the net profit and need to work backwards from the gross profit?Asked 2 years ago
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2.7k
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How do you set up or add profit on Shopify?
Being an e-commerce business owner has been slightly challenging for me. I know that tracking the profit margin of my business is essential to see where it stands and how I can improve the financial health of my store. I want to understand how much I am making on each item sold after costs so I can run better sales, but I don’t know how to do that in Shopify. Thanks in advance!Asked 2 years ago
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1.6k
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How do you calculate the gross profit margin percentage?
When I first started my small business, there was no major need for looking at metrics and using that data for decision-making. However, now that my business is starting to grow, I think it is more important for me to assess and measure the different aspects of my business to make sure that it grows further and I generate revenue. The gross profit margin percentage is one of the key aspects that I need help with.Asked 2 years ago
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2.9k
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