Save the numbers that set your margin
Add a product's unit cost, selling price, and the minimum gross-margin threshold you choose.
PRODUCT COSTS / GROSS MARGIN FOR INDEPENDENT ONLINE SHOPS
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.
SAMPLE PRODUCT
Linen utility pouch
When a supplier changes its price, update the unit cost to see the new margin.
Know the cost.
Know the margin you keep.
THE WORKFLOW
Keep the prices you know and the margin you need together in your private shop workspace.
Add a product's unit cost, selling price, and the minimum gross-margin threshold you choose.
When you hear a supplier price has moved, edit the cost yourself. Catawisp saves the updated amount on that product.
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.
THE NUMBERS THAT MATTER
A supplier's price change matters when you can see its effect beside the selling price and minimum margin you chose.
Enter the cost for one product unit and update it when your supplier's price changes.
Keep your current retail price beside that product's unit cost.
See the calculated margin alongside your chosen minimum gross-margin threshold.
YOUR NUMBERS, IN ONE PRIVATE WORKSPACE
Create an account, name your shop, and add a product when you're ready.