Description
- Easily monitor the real cost of the products you sell;
- Set the correct selling price based on the costs to be covered;
- Identify and eliminate loss-making products from the catalog;
- Build effective marketing campaigns on products that have a high profit margin;
- Identify which products do not generate optimal earnings despite the number of sales to define pricing strategies to increase profits.
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, etc.) and get a clear overview 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 too high costs from the sale, and what is the right selling price that covers costs and generates a real profit.
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