Overview
Revenue tells you what sold. Profit tells you what was worth selling. The gap between the two is product costs, and entering them one by one for a catalog of hundreds of products is the kind of job that never quite gets done.
So we start with what you already have. In Settings → Product costs, we read the costs you keep in Shopify and show how much of your revenue is already covered by a cost. Often your best sellers are covered already, and only a few gaps are worth filling.
Fill the gaps your way
Only touch what's wrong
Click any cost to correct it
Spot a cost that's out of date? Click it and type the right one. Products with no cost yet are just as easy to fill in.
A spreadsheet that's already filled in
Download a spreadsheet pre-filled with every cost we already know, change only the rows that are wrong or missing, and upload it back. Blank rows are left alone.
Store-wide defaults
Set a default once and it applies to every product that doesn't have its own figure, so you only need to enter the exceptions.
Your costs stay yours
Costs you set yourself stay put when Shopify's change, and you can see where your figure and Shopify's differ.
Per-variant costs
When a product's sizes or flavors cost different amounts to make, give each variant its own cost.
Fully loaded margin
Profit you can act on
Fulfillment and shipping
Per product, or as a store-wide default.
Payment fees
A percentage plus a flat fee per order, the way your payment provider charges them.
Sales tax
If your prices include tax, add the rate and margins are worked out on what you actually keep.
Missing is never zero
A product with no cost shows as missing, never as zero, so a gap in your data never passes for a perfect margin.
The past stays put
Past orders keep the cost you had when you sold them. A supplier price change doesn't rewrite last quarter's profit.
Those same costs power profit and margin reporting across Ordinary, and the Offer Calculator uses them to show whether a promotion pays off before you run it.
Available now
Adding product costs is free on every Ordinary plan. Profit per product in Financials and the Offer Calculator are on the Advanced plan.