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YITH Cost of Goods for WooCommerce

4.53125 out of 5 based on 32 customer ratings
32 customer reviews
YITH Cost of Goods for WooCommerce
What the plugin does It helps you understand the profit margin on the sale of your products in an easy and fast way.
How I can benefit from it:
  • You can spot and remove from your catalog those products at a loss
  • You can spot and strengthen your marketing strategies for the products with a high-profit margin
  • You can know if some products don't produce an optimum earning in spite of the number of sales

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  • Up to 30 sites license for all items
  • Unlimited downloads for each product
  • Regular updates and improvements
  • Support with dedicate help desk
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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.

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

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.

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 5.2.x
  • Requires: WooCommerce 3.2.x or higher
  • Compatible up to: WooCommerce 3.7.x
  • Minimum PHP version: 5.6
  • Version: 1.1.10
  • Released: 2019-08-05
  • 100% WPML compatible: yes
  • 100% Weglot 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 the cost of goods for each of your products

For variable products you can choose whether to set a different price for each variation or the same one for all of them

Cost of goods in single product

Add the cost of good to products by bulk action

Modify the cost of different products at the same time with the built-in tool

Set cost of goods with bulk operation


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

Allow to the admins to have the right information about the benefits of the store and an estimation of the profits before starting selling

Sales reports

Export data into CSV file

To get all the info in a quick and safe way

Export csv


Filter your products to make your search easier

Filter by product, date, category, tag or custom field

Filter report results

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

You can choose whether to include this information in the total cost or not

General settings of the plugin Cost of Goods


View costs in orders

Take a look at the item cost in the order summary

Cost of goods inside order page

Monitor your products inventory on a single screen

And see the potential benefit you would have from their selling

Stock reports


Take advantage of the wpml compatibility

You are free to easily translate the plugin with the powerful tool offered by WPML

Wpml Compatible

Customer reviews

Rated 4.53125 out of 5 stars
32 reviews

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13 reviews with rating of 4 stars (13 of 32)

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32 reviews for YITH Cost of Goods for WooCommerce

  1. 5 out of 5

    (verified owner)

    must-have toolHaving such a complete overview of my sales through the reports is priceless. It makes my products management and incomes much easier. Very helpful.

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

    YITH Cost of Goods for WooCommerce
  2. 4 out of 5

    (verified owner)

    Basic plugin, what I needed,

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

    YITH Cost of Goods for WooCommerce
  3. 5 out of 5

    (verified owner)

    Support rules!!The plugin is very good, but the main reason for my 5-star rating is the great support that YITH is giving me every time I need some help with the configuration, as I'm not an expert and most of the times I need their help. Their support is great!

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

    YITH Cost of Goods for WooCommerce
  4. 4 out of 5

    (verified owner)

    Still in the process of discovering the options, have 2 tickets out so hopefully I will hear back soon! It all looks very promising.

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

    YITH Cost of Goods for WooCommerce
  5. 4 out of 5

    (verified owner)

    Nice optionsNice plugin and good options for the reports, where I can filter by dates, category and tag.

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

    YITH Cost of Goods for WooCommerce

Questions and answers of the customers

  1. 0 votes
    A

    Hi Daniel! Unfortunately, they are not integrated, I am sorry. We will, however, analyze the possibility to integrate them in the future.

  2. 0 votes
    A

    Hello Carl,

    Unfortunately, at the moment it is not possible to add a cost for the shipping. We will study the possibility to add this feature in future releases.

    Regards

  3. 0 votes
  4. 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:)

  5. 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. 

Join the club

  • Instant access to all plugins (included future ones!)
  • Up to 30 sites license for all items
  • Unlimited downloads for each product
  • Regular updates and improvements
  • Support with dedicate help desk
  • Cancel easily anytime

View details >

Select your subscription

loading

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

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