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WooCommerce Cost of Goods

WooCommerce Cost of Goods
3 months ago
2.13.3

WooCommerce Cost of Goods is a powerful plugin designed to help WooCommerce store owners manage their cost of goods sold and track their profits more effectively. Developed by SkyVerge, this plugin offers a range of features to give you better insight into your business's financial performance.

What is WooCommerce Cost of Goods?

WooCommerce Cost of Goods is a plugin that allows you to easily track the cost of goods sold for each of your products in your WooCommerce store. This information is crucial for understanding your business's profitability and making informed decisions about pricing and inventory management.

How Does WooCommerce Cost of Goods Work?

Once installed, WooCommerce Cost of Goods integrates seamlessly with your WooCommerce store. It adds a new field to your product settings where you can input the cost of goods for each item. This can be a one-time cost or a variable cost, depending on your business model.

Once you've entered the cost of goods for your products, the plugin will automatically calculate the total cost of goods sold for each order. This information is then used to generate detailed reports on your store's total cost of goods and profit margins.

Key Features of WooCommerce Cost of Goods

  • Cost of Goods Tracking: Easily input and track the cost of goods for each of your products.
  • Profit Reporting: Generate detailed reports on your store's total cost of goods and profit margins.
  • Variable Costs: Account for variable costs in addition to one-time costs for your products.
  • Seamless Integration: The plugin seamlessly integrates with your WooCommerce store, requiring minimal setup.

Why You Should Install WooCommerce Cost of Goods

Installing WooCommerce Cost of Goods can provide you with valuable insights into your business's financial performance. By accurately tracking your cost of goods sold and profit margins, you can make more informed decisions about pricing, inventory management, and overall business strategy.

Additionally, the plugin's detailed reporting features can save you time and effort when it comes to analyzing your store's financial data. Instead of manually calculating cost of goods and profit margins, WooCommerce Cost of Goods does the work for you, allowing you to focus on other aspects of running your business.

How to Install WooCommerce Cost of Goods

Installing WooCommerce Cost of Goods is a straightforward process. Simply navigate to the "Plugins" section of your WordPress dashboard, click "Add New," and search for "WooCommerce Cost of Goods." Once you've found the plugin, click "Install Now" and then "Activate" to start using it.

After activation, you can access the plugin's settings by navigating to the "WooCommerce" tab in your WordPress dashboard and selecting "Cost of Goods." From there, you can input the cost of goods for your products and start benefitting from the plugin's reporting features.

Get Started with WooCommerce Cost of Goods Today

If you're looking to gain better insight into your WooCommerce store's financial performance, WooCommerce Cost of Goods is a valuable tool to consider. With its cost of goods tracking and detailed reporting features, this plugin can help you make more informed decisions about your business's pricing and inventory management.

Install WooCommerce Cost of Goods today and take control of your store's profitability.