PRODUCT COSTS / GROSS MARGIN FOR INDEPENDENT ONLINE SHOPS

Keep product costs and margins in view.

Keep each product's unit cost, selling price, and minimum gross-margin threshold together. When a supplier changes a price, update the cost and see current gross margin recalculate alongside your numbers.

Private to your signed-in account
CATAWISP / MARGIN CHECK
Sample values

SAMPLE PRODUCT

Linen utility pouch

USD
Unit cost
$12.34
Selling price
$34.56
Minimum gross margin
25.0%
Current gross margin
64.3%
39.3 percentage points above minimum

When a supplier changes its price, update the unit cost to see the new margin.

Illustrative example only; these are not shop records.

Know the cost.
Know the margin you keep.

A PRACTICAL CHECK FOR EVERY PRODUCT

THE WORKFLOW

A simple margin check, kept up to date.

Keep the prices you know and the margin you need together in your private shop workspace.

01

Save the numbers that set your margin

Add a product's unit cost, selling price, and the minimum gross-margin threshold you choose.

SAVE
02

Update unit cost when supplier prices change

When you hear a supplier price has moved, edit the cost yourself. Catawisp saves the updated amount on that product.

UPDATE
03

See current gross margin beside your minimum

Catawisp calculates gross margin from the cost and selling price you enter. Review the result against your threshold, then decide whether to adjust your selling price.

REVIEW

THE NUMBERS THAT MATTER

See the numbers.
Judge the trade-off.

A supplier's price change matters when you can see its effect beside the selling price and minimum margin you chose.

A

Unit cost

Enter the cost for one product unit and update it when your supplier's price changes.

B

Selling price

Keep your current retail price beside that product's unit cost.

C

Current gross margin

See the calculated margin alongside your chosen minimum gross-margin threshold.

YOUR NUMBERS, IN ONE PRIVATE WORKSPACE

Start with one product and the numbers behind it.

Create an account, name your shop, and add a product when you're ready.