This tool simplifies the tedious process of calculating profits by providing a clear breakdown of revenue, expenses, and associated fees for each sale. With the ability to experiment with various pricing scenarios, sellers can confidently adjust their prices to maximize profitability.
Why Use the Profit Calculator Tool?
- Compare Pricing Scenarios: By using the Profit Calculator before publishing your listing, you can determine the best selling price to achieve the profit you want. You can test out different selling prices to determine what works best for you.
- Transparent Pricing Breakdown: Understand Etsy fees clearly, including listing, transaction, and payment processing fees.
- Budget Planning: Use the calculator to help you budget effectively for expenses like materials and labor to ensure healthy profit margins.
How to Use the Profit Calculator Tool:
- Access the Tool: Navigate to the Profit Calculator Tool.
- Select your Location: Etsy fees vary by location, make sure you
- Enter Selling Price: Under “Selling Price” enter the total price you are currently/are planning to sell your product at, including shipping price if applicable.
- Enter Total Cost: Under “Total Cost” enter the total amount it costs you (the seller) to produce the product. This includes product materials, shipping materials, labor costs, shipping, etc
- Adjust Offsite Ad Fees: If applicable, you can adjust the offsite ad fees percentage to view the different outcomes.
- Calculate your Profits: Hit the “Calculate” button and see your pricing results.
- View your results: After all the price information is entered, you can view your total profit and profit margins with all Etsy fees included.
Happy Selling!
Try the Profit Calculator!