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YITH Cost of Goods for WooCommerce

Subtract the costs from your revenue and you get the profit, your actual gain. This is one of those laws we learn in school and that we all end up taking for granted. Then we actually end up forgetting about it, when we decide to start a business.

And often we will start looking for a reason why our business is failing when it’s already too late. You wonder how the margins of your earnings could be so low, when sales were fine.
You wonder why, despite fifty orders per day, your business kept dying, little by little every day, until the company accounts have inevitably gone in red.
The reason is almost always there: hidden among the folds of those unaccounted costs that you somehow missed, that you did not consider.

This plugin is not subject to the GDPR as it does not store any sensitive information except for the ones used on WordPress and WooCommerce, which are already handled through their software.

YITH Cost of Goods for WooCommerce

4.5172413793103 out of 5 based on 29 customer ratings
29 customer reviews

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Not monitoring the cost of your products can mean the failure of your business.

Many businesses fail because their owners, as a matter of fact, didn’t plan an in-depth analysis of the relationship between costs and revenues. It’s the story of Jonathan, who bought clothes abroad to resell them on his e-commerce.

The sale price was higher than the purchase price and that was enough for him to believe he had a fair margin of profit. But Jonathan, in his enthusiasm and inexperience, forgot something. He had underestimated his shipping costs, forgot about customs costs and the costs of labeling individual garments. His business, which also had all the potential to succeed,managed to hold together only for about three months.

The most popularly sold product of its e-commerce, a t-shirt that customers could choose to customize, was the cause itself for the total bankruptcy of its business: it may have high sales, but the cost of customization – that were also underestimated from the beginning – they completely cancelled the profit margin.

Jonathan’s story is the story of all the entrepreneurs for whom we created our YITH Cost of Goods for WooCommerce plugin.

A simple and powerful control tool that allows you to constantly monitor your ecommerce trend and analyze the relationship between product costs and your net income.
Through our panel you can include, for example, shipping costs, taxes, VAT charges, payment gateways and a 360 degree overview of your total costs: this will help you figure out which ones of your products have a higher margin of profit (which are not necessarily the ones that sell the most!), what kind of profit you will gain in case of promotions or discounts and which sale prices will cover all costs, especially those that often go unnoticed and that actually can make the difference in your business success.


Quick info

Requires: WordPress 4.7 or higher
Compatible up to: WordPress 5.1.x
Requires: WooCommerce 3.2.x or higher
Compatible up to: WooCommerce 3.6.x
Minimum PHP version: 5.6
Version: 1.1.8
Released: 2019-04-09
100% WPML Compatible: yes
Translation ready: yes
Languages: Dutch, English, Italian, Spanish
Support to:
  • All YITH plugins
  • All YITH themes


WITH YITH COST OF GOODS YOU CAN:


Set cost of goods in each of your products

For variable products you can choose if set or not a different price for each variation

Cost of goods in single product

Add cost of good to products by bulk action

modify the cost of different products at the same time with the product page bulk action

Set cost of goods with bulk operation


Know your benefits in real time and the potential profit of your stock

allow to the admins have info about the benefits of the store and having a estimation of your profits before you sell all your products

Sales reports

Export data into CSV file

to obtain all the info in a quick and safe way

Export csv


Filter your products to make your search easier by product, date, category, tag or custom field

facilitate the filtered of the products

Filter report results

enable/ disable shipping costs, tax and fees in the amount table

possibility of include the Shipping cost, Taxes and Fees to the total cost

General settings of the plugin Cost of Goods


view costs in orders

take a look of the item cost in the order summary

Cost of goods inside order page

Monitor your products inventory on a single screen

to take note of the potential benefit you would get from their sales

Stock reports


Take advantage of the wpml compatibility

You are free to easily translate the plugin with the powerful wpml tool

Wpml Compatible

Customer reviews

Rated 4.5172413793103 out of 5 stars
29 reviews

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29 reviews for YITH Cost of Goods for WooCommerce

  1. 5 out of 5

    (verified owner)

    Great for organizingI tried this plugin recently for my new e-business. Really helpful with organizing the costs. Thanks

    Was this review helpful to you? 0 of 0 people found this review helpful

  2. 5 out of 5

    (verified owner)

    Excellent supportWe’ve had an issue with some feature that the plugin doesn’t necessarily support, I contacted their support team to wonder if they could be of any help. Not only were they able to help but they made it a feature within the plugin. Worth five stars for the service offered, but the software itself is also excellent and does exactly what we need in a fast and innovative way.

    Was this review helpful to you? 0 of 0 people found this review helpful

  3. 5 out of 5

    (verified owner)

    10 for assistanceIt is a complicated plugin to me, but I have had some excellent support. First in chat they guided me through some steps, and afterwards with more in depth details from the developer. Very happy with the plugin and even more happy with assistance.

    Was this review helpful to you? 0 of 0 people found this review helpful

  4. 5 out of 5

    (verified owner)

    Great solutionPerfect solution and even compatible with Aelia!

    Was this review helpful to you? 0 of 0 people found this review helpful

  5. 4 out of 5

    (verified owner)

    Good supportThis plugin works fine and serves our needs as a reliable tool. Additionally, the developers are responsive and friendly. Thanks

    Was this review helpful to you? 0 of 0 people found this review helpful

Questions and answers of the customers

  1. 0 votes
    Answered by the admin

    Hi Sanchit,

    the profit is calculated in the sale price registered in the order, so in the past orders also takes the sale price at the moment the order was made.

  2. 0 votes
    A

    Hello Rob,

     

    Sure, you can set the cost to each product variation. No problem at all.

    If you have further doubts, you can find us also on [email protected]

     

    Regards:)

  3. 0 votes
    A

    Hi, Leandro! 1. The plugin is integrated with WPML and Aelia Currency switchers. About hiding the cost of goods from some users, our developers can help you achieve your goal via support ticket without any additional cost. 

  4. 0 votes
    A

    Hi, Kevin! You can try to add your custom meta field to the option Add custom field available in the plugin General settings.

  5. 0 votes
    Answered by the admin Hi Jason! In this plugin, fees are added directly to the product cost if you check the option called "Include total fees" in the settings. The option that lets you change the payment fees is basically a different option, that's why it's not included in this plugin. Yet, we have another plugin for that, it's YITH Dynamic Pricing per Payment Method for WooCommerce that can help you achieve what you need.

Select your subscription

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A subscription license entitles you to 1 year of updates and support. Each installation of the plugin will require a license key.

Join the club

  • instant access to ALL PLUGINS and ALL THEMES (included future ones!)
  • up to 30 sites license for all items
  • unlimited downloads for each product
  • regular updates and support with dedicated help desk
  • join the community and suggest a product
  • cancel easily anytime

View details

JOIN THE CLUB NOW!
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