Amazon FBA Profit Margins
Published on: December 2 2022 by Tatiana James
Amazon FBA Profit Margins
Table of Contents
Amazon FBA Profit Margins
| startTime | durationTime | text |
| 00:00:00 | 00:00:03 | most amazon sellers don't truly know |
| 00:00:02 | 00:00:06 | their profits |
| 00:00:03 | 00:00:07 | shocked i'm not because i was one of |
| 00:00:06 | 00:00:09 | them |
| 00:00:07 | 00:00:11 | when i first started selling on amazon i |
| 00:00:09 | 00:00:13 | just assumed that because i was |
| 00:00:11 | 00:00:14 | receiving deposits from amazon and there |
| 00:00:13 | 00:00:17 | was cash in the bank |
| 00:00:14 | 00:00:18 | that my business was profitable but this |
| 00:00:17 | 00:00:20 | is not |
| 00:00:18 | 00:00:22 | good business practike and if there's |
| 00:00:20 | 00:00:25 | anything that you must know |
| 00:00:22 | 00:00:27 | as a business owner it's your numbers if |
| 00:00:25 | 00:00:29 | you don't truly know your numbers |
| 00:00:27 | 00:00:30 | then this negligence will be the |
| 00:00:29 | 00:00:33 | beginning |
| 00:00:30 | 00:00:33 | of the end of your business but i don't |
| 00:00:33 | 00:00:35 | blame people |
| 00:00:33 | 00:00:38 | i don't blame you and i didn't blame |
| 00:00:35 | 00:00:41 | myself because it is confusing |
| 00:00:38 | 00:00:44 | nobody wants to combine 72 types of fees |
| 00:00:41 | 00:00:46 | from amazon seller central spreadsheets |
| 00:00:44 | 00:00:48 | to know if their products are profitable |
| 00:00:46 | 00:00:49 | and amazon seller central is not user |
| 00:00:48 | 00:00:51 | friendly |
| 00:00:49 | 00:00:53 | it is confusing it's hard to determine |
| 00:00:51 | 00:00:55 | which reports i should be pulling |
| 00:00:53 | 00:00:57 | how to interpret the data and how to |
| 00:00:55 | 00:00:59 | match two and two together |
| 00:00:57 | 00:01:01 | so that is why one of the best pieces of |
| 00:00:59 | 00:01:01 | advice that i'm going to give you in |
| 00:01:01 | 00:01:04 | this video |
| 00:01:01 | 00:01:06 | is to ditch amazon seller central |
| 00:01:04 | 00:01:09 | listen if you haven't figured it out by |
| 00:01:06 | 00:01:10 | now it's not going to get any easier by |
| 00:01:09 | 00:01:12 | the end of this video you're going to be |
| 00:01:10 | 00:01:14 | thanking me for the recommendation |
| 00:01:12 | 00:01:15 | i'm about to make because it's the dummy |
| 00:01:14 | 00:01:17 | proof way |
| 00:01:15 | 00:01:19 | of seeing your profit margins and |
| 00:01:17 | 00:01:21 | interpreting data so that you can make |
| 00:01:19 | 00:01:23 | decisions in your business |
| 00:01:21 | 00:01:25 | shopkeeper is an app for amazon sellers |
| 00:01:23 | 00:01:26 | who want a simple way to view their |
| 00:01:25 | 00:01:28 | profit margins |
| 00:01:26 | 00:01:29 | and interpret data it is literally the |
| 00:01:28 | 00:01:31 | most |
| 00:01:29 | 00:01:32 | user-friendly dashboard i have ever come |
| 00:01:31 | 00:01:35 | across even a |
| 00:01:32 | 00:01:35 | child would have no trouble interpreting |
| 00:01:35 | 00:01:37 | data |
| 00:01:35 | 00:01:39 | from it and you won't even need to log |
| 00:01:37 | 00:01:40 | into your amazon seller central account |
| 00:01:39 | 00:01:42 | to view stats anymore |
| 00:01:40 | 00:01:44 | because everything you need to see will |
| 00:01:42 | 00:01:45 | be in shopkeeper |
| 00:01:44 | 00:01:48 | now one of the things that i do love |
| 00:01:45 | 00:01:49 | about it is it's one of the few apps |
| 00:01:48 | 00:01:51 | that will group together |
| 00:01:49 | 00:01:53 | all your data across all your |
| 00:01:51 | 00:01:54 | marketplaces that you're selling in |
| 00:01:53 | 00:01:56 | and this way you're going to be able to |
| 00:01:54 | 00:01:58 | get an overview of your numbers |
| 00:01:56 | 00:02:01 | to see how you are performing with your |
| 00:01:58 | 00:02:03 | amazon business as a whole |
| 00:02:01 | 00:02:05 | now in a moment i am going to jump |
| 00:02:03 | 00:02:06 | behind my computer to show you guys what |
| 00:02:05 | 00:02:08 | shopkeeper looks like |
| 00:02:06 | 00:02:10 | but before i do i want to let you know |
| 00:02:08 | 00:02:11 | that today's episode has been sponsored |
| 00:02:10 | 00:02:12 | by them |
| 00:02:11 | 00:02:14 | and they want to make sure that all of |
| 00:02:12 | 00:02:16 | you guys get to try shopkeeper for |
| 00:02:14 | 00:02:18 | free so you are going to get a free |
| 00:02:16 | 00:02:20 | trial it's not |
| 00:02:18 | 00:02:21 | a 14 day free trial it's not even a 30 |
| 00:02:20 | 00:02:24 | day free trial |
| 00:02:21 | 00:02:25 | you get to try shopkeeper for free for |
| 00:02:24 | 00:02:27 | 90 days |
| 00:02:25 | 00:02:29 | that's three months so this way you get |
| 00:02:27 | 00:02:31 | to benefit from |
| 00:02:29 | 00:02:33 | understanding your numbers and feeling |
| 00:02:31 | 00:02:34 | confident that you know you are |
| 00:02:33 | 00:02:36 | profiting in your business |
| 00:02:34 | 00:02:37 | here i am logged into the shopkeeper |
| 00:02:36 | 00:02:40 | dashboard |
| 00:02:37 | 00:02:42 | this is a demo account so right here in |
| 00:02:40 | 00:02:44 | the dashboard you get a snapshot of |
| 00:02:42 | 00:02:46 | today's sales yesterday's sales in the |
| 00:02:44 | 00:02:48 | last 30 days so this is really great so |
| 00:02:46 | 00:02:50 | that you can compare |
| 00:02:48 | 00:02:53 | you can easily see your revenue and your |
| 00:02:50 | 00:02:54 | profit your total sales and your best |
| 00:02:53 | 00:02:56 | selling items |
| 00:02:54 | 00:02:58 | so that's great and then over here you |
| 00:02:56 | 00:02:59 | can see your sales growth over the last |
| 00:02:58 | 00:03:01 | 12 months |
| 00:02:59 | 00:03:04 | so on the dashboard here you just get a |
| 00:03:01 | 00:03:05 | really great overview of everything all |
| 00:03:04 | 00:03:08 | of the important things that you need to |
| 00:03:05 | 00:03:11 | see and i love that they use icons |
| 00:03:08 | 00:03:12 | uh makes things you know a lot more |
| 00:03:11 | 00:03:14 | attractive |
| 00:03:12 | 00:03:16 | so you can see here your inventory value |
| 00:03:14 | 00:03:19 | you got 121 |
| 00:03:16 | 00:03:22 | products in stok 68 000 units |
| 00:03:19 | 00:03:25 | cost of goods 760 000 |
| 00:03:22 | 00:03:26 | if all sold at current prices revenue |
| 00:03:25 | 00:03:30 | would be |
| 00:03:26 | 00:03:33 | 2.5 million payout would be 1.7 million |
| 00:03:30 | 00:03:35 | a profit of 964 000. |
| 00:03:33 | 00:03:36 | so that's great like you know the value |
| 00:03:35 | 00:03:37 | of the inventory that you're currently |
| 00:03:36 | 00:03:40 | holding |
| 00:03:37 | 00:03:41 | if it's too much you can try and uh |
| 00:03:40 | 00:03:44 | clearance some items |
| 00:03:41 | 00:03:45 | uh this is just going to help you make |
| 00:03:44 | 00:03:47 | better decisions in your business |
| 00:03:45 | 00:03:48 | knowing this information |
| 00:03:47 | 00:03:51 | and if you guys know anything about my |
| 00:03:48 | 00:03:53 | story you probably know that |
| 00:03:51 | 00:03:54 | you know i had a lot of dead inventory |
| 00:03:53 | 00:03:55 | because i wasn't pulling my inventory |
| 00:03:54 | 00:03:58 | reports |
| 00:03:55 | 00:03:59 | i wasn't aware of how much inventory i |
| 00:03:58 | 00:04:01 | had |
| 00:03:59 | 00:04:02 | that was just getting stored at the the |
| 00:04:01 | 00:04:04 | fulfillment center |
| 00:04:02 | 00:04:06 | and was just piling up because those |
| 00:04:04 | 00:04:08 | units weren't selling |
| 00:04:06 | 00:04:09 | so if i clearly was able to see |
| 00:04:08 | 00:04:10 | something like this i would have been |
| 00:04:09 | 00:04:12 | able to |
| 00:04:10 | 00:04:14 | take action quicker to do a clearance on |
| 00:04:12 | 00:04:15 | those items so that i could at least |
| 00:04:14 | 00:04:18 | move some of that inventory and |
| 00:04:15 | 00:04:21 | recuperate my investment |
| 00:04:18 | 00:04:23 | over here you can see your stok so we |
| 00:04:21 | 00:04:24 | have 19 products that are high stok |
| 00:04:23 | 00:04:26 | will last over six months |
| 00:04:24 | 00:04:28 | we have 22 products that are ideal will |
| 00:04:26 | 00:04:30 | last three to six months |
| 00:04:28 | 00:04:32 | sixteen products that are low one to two |
| 00:04:30 | 00:04:33 | months and we have some products that |
| 00:04:32 | 00:04:36 | are too low |
| 00:04:33 | 00:04:36 | under one month 149 products out of |
| 00:04:36 | 00:04:39 | stok |
| 00:04:36 | 00:04:40 | so again very very easy to see like |
| 00:04:39 | 00:04:42 | super clear |
| 00:04:40 | 00:04:44 | guys you can see what i'm toking about |
| 00:04:42 | 00:04:46 | when i say this is dummy proof |
| 00:04:44 | 00:04:48 | you know they even use pictures here for |
| 00:04:46 | 00:04:49 | your product so you can easily just see |
| 00:04:48 | 00:04:52 | the picture of your product |
| 00:04:49 | 00:04:55 | instead of seeing some extra text and i |
| 00:04:52 | 00:04:57 | just love it over here you can see your |
| 00:04:55 | 00:04:59 | ppc spend in the last seven days |
| 00:04:57 | 00:05:00 | you can see your top selling items over |
| 00:04:59 | 00:05:04 | the last seven days |
| 00:05:00 | 00:05:06 | your record units sold in one day record |
| 00:05:04 | 00:05:07 | profit in one day what your profit |
| 00:05:06 | 00:05:10 | margin is |
| 00:05:07 | 00:05:11 | over the last 30 day period your current |
| 00:05:10 | 00:05:13 | available cash |
| 00:05:11 | 00:05:14 | across different marketplaces and |
| 00:05:13 | 00:05:16 | sellers |
| 00:05:14 | 00:05:19 | so their sellers meaning are there other |
| 00:05:16 | 00:05:21 | people selling on my listing if so |
| 00:05:19 | 00:05:22 | are there new sellers on the listing |
| 00:05:21 | 00:05:26 | here you can see that |
| 00:05:22 | 00:05:28 | there were eight fewer sellers that day |
| 00:05:26 | 00:05:31 | and over the last 30 days 13 fewer |
| 00:05:28 | 00:05:33 | sellers |
| 00:05:31 | 00:05:34 | and you can hear here that every single |
| 00:05:33 | 00:05:37 | time someone places an |
| 00:05:34 | 00:05:38 | order you hear the cha-ching because |
| 00:05:37 | 00:05:41 | you're getting |
| 00:05:38 | 00:05:42 | live data so those sales stats are |
| 00:05:41 | 00:05:44 | accurate they're live |
| 00:05:42 | 00:05:45 | and it's kind of um like you have a |
| 00:05:44 | 00:05:47 | little bit of a |
| 00:05:45 | 00:05:50 | dopamine boost every time you hear that |
| 00:05:47 | 00:05:52 | cha-ching and it reinforces that yeah |
| 00:05:50 | 00:05:54 | you're making sales right now |
| 00:05:52 | 00:05:55 | as you're you're on your computer |
| 00:05:54 | 00:05:56 | tracking your sales and someone just |
| 00:05:55 | 00:05:59 | bought your product |
| 00:05:56 | 00:06:00 | so it's kind of fun all right so that is |
| 00:05:59 | 00:06:03 | the dashboard |
| 00:06:00 | 00:06:04 | now what i want to show you is the |
| 00:06:03 | 00:06:06 | profit and loss |
| 00:06:04 | 00:06:07 | section i'm going to cover some of the |
| 00:06:06 | 00:06:09 | other tools |
| 00:06:07 | 00:06:11 | really briefly but the profit and loss |
| 00:06:09 | 00:06:12 | is really what i want to focus this |
| 00:06:11 | 00:06:14 | video on |
| 00:06:12 | 00:06:15 | because as i mentioned most people don't |
| 00:06:14 | 00:06:18 | truly know |
| 00:06:15 | 00:06:22 | their profits and this is why so |
| 00:06:18 | 00:06:25 | you can see here there is a number |
| 00:06:22 | 00:06:28 | of uh pieces of information of fees |
| 00:06:25 | 00:06:30 | from amazon that you need to combine in |
| 00:06:28 | 00:06:31 | order to truly know what your profit |
| 00:06:30 | 00:06:33 | margins are |
| 00:06:31 | 00:06:34 | and shopkeeper will pull this data and |
| 00:06:33 | 00:06:36 | do it all for you |
| 00:06:34 | 00:06:38 | so you can choose here over the last six |
| 00:06:36 | 00:06:39 | months the time period you could do |
| 00:06:38 | 00:06:41 | today yesterday |
| 00:06:39 | 00:06:43 | day before yesterday you can choose if |
| 00:06:41 | 00:06:44 | you want to do all marketplaces or if |
| 00:06:43 | 00:06:47 | you want to |
| 00:06:44 | 00:06:48 | narrow it in on one marketplace and you |
| 00:06:47 | 00:06:52 | can even |
| 00:06:48 | 00:06:54 | deselect certain acins or certain skus |
| 00:06:52 | 00:06:56 | if you don't want them to show up |
| 00:06:54 | 00:06:59 | so you can see here this is going to be |
| 00:06:56 | 00:07:02 | by month december january february |
| 00:06:59 | 00:07:03 | units sold refunds so this gives you |
| 00:07:02 | 00:07:07 | kind of an overview |
| 00:07:03 | 00:07:10 | now over here you can see all of the |
| 00:07:07 | 00:07:12 | this is the total revenue for this month |
| 00:07:10 | 00:07:14 | okay great so we have the revenue here |
| 00:07:12 | 00:07:16 | all of these information this all of |
| 00:07:14 | 00:07:18 | these numbers are pulled from your |
| 00:07:16 | 00:07:20 | amazon reports |
| 00:07:18 | 00:07:21 | now we have all the amazon fees okay so |
| 00:07:20 | 00:07:24 | this includes |
| 00:07:21 | 00:07:25 | lightning deals coupon redemption fees |
| 00:07:24 | 00:07:29 | uh |
| 00:07:25 | 00:07:31 | storage overage fee um tax on amazon fba |
| 00:07:29 | 00:07:32 | fees and of course the fba fees |
| 00:07:31 | 00:07:36 | themselves |
| 00:07:32 | 00:07:39 | so amazon fees that total over here |
| 00:07:36 | 00:07:41 | then we have the manufacturing cost of |
| 00:07:39 | 00:07:42 | goods sold so this would be probably the |
| 00:07:41 | 00:07:44 | only data that you would have to input |
| 00:07:42 | 00:07:45 | yourself and i'm going to show you where |
| 00:07:44 | 00:07:47 | you would do that |
| 00:07:45 | 00:07:48 | in a second you would input this data |
| 00:07:47 | 00:07:51 | per |
| 00:07:48 | 00:07:53 | product that you're selling so that will |
| 00:07:51 | 00:07:56 | populate for you once you've set that up |
| 00:07:53 | 00:07:57 | you only really have to set this up once |
| 00:07:56 | 00:07:59 | then there's a place where you can put |
| 00:07:57 | 00:08:02 | any kind of manual tracked |
| 00:07:59 | 00:08:02 | sales any kind of expenses or income |
| 00:08:02 | 00:08:04 | that |
| 00:08:02 | 00:08:06 | may not be pulled from your amazon |
| 00:08:04 | 00:08:08 | account uh so there is a place for that |
| 00:08:06 | 00:08:10 | where you can manually insert that i'll |
| 00:08:08 | 00:08:11 | show you how to do that in a second |
| 00:08:10 | 00:08:14 | and then over here you have some |
| 00:08:11 | 00:08:16 | miscellaneous um charges |
| 00:08:14 | 00:08:18 | so here you have your ppc ad spend your |
| 00:08:16 | 00:08:20 | sponsor products |
| 00:08:18 | 00:08:24 | sponsored brands sponsored display these |
| 00:08:20 | 00:08:26 | are all of your advertising expenses on |
| 00:08:24 | 00:08:28 | amazon |
| 00:08:26 | 00:08:30 | and a number of other fees here so even |
| 00:08:28 | 00:08:31 | some of these fees you probably aren't |
| 00:08:30 | 00:08:33 | even aware of |
| 00:08:31 | 00:08:34 | um these are fees that yeah they're on |
| 00:08:33 | 00:08:36 | the reports but you have to know what |
| 00:08:34 | 00:08:38 | kind of reports to pull and how to |
| 00:08:36 | 00:08:42 | interpret that data |
| 00:08:38 | 00:08:44 | and then you have losses and damages so |
| 00:08:42 | 00:08:46 | warehouse damage reimbursement you know |
| 00:08:44 | 00:08:48 | tiknically if amazon damages a product |
| 00:08:46 | 00:08:50 | that's stored at their warehouse they're |
| 00:08:48 | 00:08:52 | supposed to reimburse you for that so |
| 00:08:50 | 00:08:54 | here you might have some reimbursements |
| 00:08:52 | 00:08:56 | and then reimbursement total over here |
| 00:08:54 | 00:08:57 | so this gives you the grand total at the |
| 00:08:56 | 00:09:00 | very end okay |
| 00:08:57 | 00:09:02 | so look how many fees that we had to |
| 00:09:00 | 00:09:05 | account for |
| 00:09:02 | 00:09:08 | before we could get a clear idea on the |
| 00:09:05 | 00:09:10 | true profit over here okay so |
| 00:09:08 | 00:09:11 | that's why i'm saying you know most of |
| 00:09:10 | 00:09:13 | us probably don't know what our true |
| 00:09:11 | 00:09:15 | margins are just because it can be |
| 00:09:13 | 00:09:17 | confusing there's just so many |
| 00:09:15 | 00:09:19 | pieces to pull so i'm going to show you |
| 00:09:17 | 00:09:22 | over here what i mentioned |
| 00:09:19 | 00:09:24 | in settings you can input any |
| 00:09:22 | 00:09:26 | miscellaneous income and expenses |
| 00:09:24 | 00:09:27 | so that would be over here expenses |
| 00:09:26 | 00:09:30 | income |
| 00:09:27 | 00:09:32 | and then you can do products by one by |
| 00:09:30 | 00:09:33 | one so you can configure the product to |
| 00:09:32 | 00:09:36 | input |
| 00:09:33 | 00:09:38 | any kind of cost of goods so this would |
| 00:09:36 | 00:09:40 | be one product you could put even the |
| 00:09:38 | 00:09:42 | lead time so how long does it take to |
| 00:09:40 | 00:09:44 | manufacture the product so that's going |
| 00:09:42 | 00:09:47 | to help you with your inventory |
| 00:09:44 | 00:09:50 | planning and over here |
| 00:09:47 | 00:09:51 | you can put the cost per marketplace |
| 00:09:50 | 00:09:53 | because of course |
| 00:09:51 | 00:09:54 | if you're storing in the us you know |
| 00:09:53 | 00:09:56 | they're going to be different costs |
| 00:09:54 | 00:09:58 | associated with the product than if |
| 00:09:56 | 00:09:58 | you're going to be shipping to canada |
| 00:09:58 | 00:10:00 | right |
| 00:09:58 | 00:10:02 | so you can put all of that information |
| 00:10:00 | 00:10:04 | right here |
| 00:10:02 | 00:10:05 | so you would input the manufacturing |
| 00:10:04 | 00:10:06 | costs cost buying the product from the |
| 00:10:05 | 00:10:08 | supplier |
| 00:10:06 | 00:10:10 | if there's any inspection fee the |
| 00:10:08 | 00:10:13 | shipping costs of the united states |
| 00:10:10 | 00:10:15 | uh local shipping the trucking charges |
| 00:10:13 | 00:10:15 | taxes so all of that so this is how you |
| 00:10:15 | 00:10:18 | get a |
| 00:10:15 | 00:10:19 | really accurate representation of your |
| 00:10:18 | 00:10:21 | profit margins |
| 00:10:19 | 00:10:23 | right so there is information that you |
| 00:10:21 | 00:10:26 | will need to input |
| 00:10:23 | 00:10:28 | in order to get the most accurate |
| 00:10:26 | 00:10:31 | snapshot |
| 00:10:28 | 00:10:32 | so over here you can get the per product |
| 00:10:31 | 00:10:34 | profit margin |
| 00:10:32 | 00:10:35 | and again that's going to change even |
| 00:10:34 | 00:10:37 | though it's the same product |
| 00:10:35 | 00:10:38 | the profit will change depending on |
| 00:10:37 | 00:10:40 | which marketplace you're selling in |
| 00:10:38 | 00:10:42 | because there are different costs |
| 00:10:40 | 00:10:42 | associated with getting the product to |
| 00:10:42 | 00:10:45 | there |
| 00:10:42 | 00:10:46 | and perhaps different fees so once |
| 00:10:45 | 00:10:48 | you've input that information |
| 00:10:46 | 00:10:50 | then that's how you're going to get a |
| 00:10:48 | 00:10:54 | really accurate snapshot over here |
| 00:10:50 | 00:10:56 | in the profit and loss spreadsheet |
| 00:10:54 | 00:10:58 | and of course you can always export this |
| 00:10:56 | 00:11:00 | so you can export this as a file if you |
| 00:10:58 | 00:11:01 | would like to save it or send it to |
| 00:11:00 | 00:11:04 | someone |
| 00:11:01 | 00:11:05 | all of that so this is really what i |
| 00:11:04 | 00:11:06 | wanted to highlight and i wanted to |
| 00:11:05 | 00:11:08 | share with you guys because i know it's |
| 00:11:06 | 00:11:11 | going to help so many of you |
| 00:11:08 | 00:11:12 | who have no idea how to figure out your |
| 00:11:11 | 00:11:14 | profit margins |
| 00:11:12 | 00:11:16 | and i could show you on amazon seller |
| 00:11:14 | 00:11:18 | central where to go and what to do |
| 00:11:16 | 00:11:20 | but honestly i just know from personal |
| 00:11:18 | 00:11:23 | experience it's just confusing |
| 00:11:20 | 00:11:24 | and if you're if you haven't figured it |
| 00:11:23 | 00:11:26 | out by now chances are |
| 00:11:24 | 00:11:28 | you're not going to figure it out you're |
| 00:11:26 | 00:11:29 | just not going to do it and this is just |
| 00:11:28 | 00:11:31 | going to give you a |
| 00:11:29 | 00:11:33 | far better idea so just a few other |
| 00:11:31 | 00:11:34 | things that i'm going to show you here |
| 00:11:33 | 00:11:36 | before i wrap up |
| 00:11:34 | 00:11:38 | here on the sellers section you can see |
| 00:11:36 | 00:11:39 | if there are other people selling your |
| 00:11:38 | 00:11:41 | product |
| 00:11:39 | 00:11:42 | if you don't have brand registry then |
| 00:11:41 | 00:11:44 | there is a high chance that when your |
| 00:11:42 | 00:11:46 | product becomes more popular |
| 00:11:44 | 00:11:48 | there may be other sellers selling your |
| 00:11:46 | 00:11:49 | item so you can see within 24 hours if |
| 00:11:48 | 00:11:52 | anyone has been |
| 00:11:49 | 00:11:53 | added to your listing you can see here |
| 00:11:52 | 00:11:56 | one seller |
| 00:11:53 | 00:11:58 | over 30 days 11 joined 10 left so that |
| 00:11:56 | 00:12:00 | meant that there was |
| 00:11:58 | 00:12:02 | there's one more seller so again super |
| 00:12:00 | 00:12:04 | super clear |
| 00:12:02 | 00:12:06 | your inventory okay so this is going to |
| 00:12:04 | 00:12:10 | help with your inventory planning |
| 00:12:06 | 00:12:11 | uh you can see how much supply you have |
| 00:12:10 | 00:12:14 | good for eight months good for seven |
| 00:12:11 | 00:12:16 | months good for six months |
| 00:12:14 | 00:12:18 | uh trends over here i really like this |
| 00:12:16 | 00:12:20 | actually this is really helpful |
| 00:12:18 | 00:12:22 | so you can see here total order so this |
| 00:12:20 | 00:12:23 | can give you a big picture view on how |
| 00:12:22 | 00:12:26 | you |
| 00:12:23 | 00:12:27 | are performing with your business so you |
| 00:12:26 | 00:12:29 | can see the average order value as well |
| 00:12:27 | 00:12:31 | which is helpful |
| 00:12:29 | 00:12:33 | in making a decision on what your |
| 00:12:31 | 00:12:34 | customer acquisition costs are if |
| 00:12:33 | 00:12:36 | they're too high or too |
| 00:12:34 | 00:12:39 | low it's going to help to know what the |
| 00:12:36 | 00:12:41 | average order value is |
| 00:12:39 | 00:12:42 | so you have the sales number of units |
| 00:12:41 | 00:12:46 | sold you've got |
| 00:12:42 | 00:12:47 | revenue top line income you've got your |
| 00:12:46 | 00:12:50 | profit |
| 00:12:47 | 00:12:51 | you've got your ppc spend so just good |
| 00:12:50 | 00:12:53 | information to have and you can of |
| 00:12:51 | 00:12:54 | course do it by day and you can do it by |
| 00:12:53 | 00:12:57 | a week |
| 00:12:54 | 00:12:58 | and over here you have the sales these |
| 00:12:57 | 00:13:00 | are going to be real time |
| 00:12:58 | 00:13:01 | sales so it's going to be as up to date |
| 00:13:00 | 00:13:03 | as it can be |
| 00:13:01 | 00:13:05 | you can see your units sold how many |
| 00:13:03 | 00:13:08 | promos how many refunds |
| 00:13:05 | 00:13:08 | total revenue your profit even your |
| 00:13:08 | 00:13:11 | margin |
| 00:13:08 | 00:13:12 | and your roi so you don't have to do the |
| 00:13:11 | 00:13:13 | calculations you don't have to do any |
| 00:13:12 | 00:13:15 | kind of math |
| 00:13:13 | 00:13:17 | equations it does that for you the same |
| 00:13:15 | 00:13:19 | with your a cost and your tacos |
| 00:13:17 | 00:13:21 | and you can see what your break-even |
| 00:13:19 | 00:13:22 | point is so for example the break even |
| 00:13:21 | 00:13:25 | was 35 |
| 00:13:22 | 00:13:26 | this is over break even so you can see |
| 00:13:25 | 00:13:28 | displayed in red |
| 00:13:26 | 00:13:30 | it draws your attention there and you |
| 00:13:28 | 00:13:31 | can work on that product a little bit |
| 00:13:30 | 00:13:34 | more |
| 00:13:31 | 00:13:35 | so that is shopkeeper a really quick |
| 00:13:34 | 00:13:37 | demo for you guys |
| 00:13:35 | 00:13:38 | hope you enjoyed it so as you can see |
| 00:13:37 | 00:13:40 | shopkeeper is |
| 00:13:38 | 00:13:42 | incredibly user friendly as i mentioned |
| 00:13:40 | 00:13:44 | before it is |
| 00:13:42 | 00:13:46 | by far the most user-friendly platform |
| 00:13:44 | 00:13:48 | i've ever come across |
| 00:13:46 | 00:13:49 | usually like yeah other platforms they |
| 00:13:48 | 00:13:50 | have a lot of data |
| 00:13:49 | 00:13:53 | but you're still having to pull |
| 00:13:50 | 00:13:54 | spreadsheets and it's still a little bit |
| 00:13:53 | 00:13:58 | confusing to understand |
| 00:13:54 | 00:14:00 | this is as simple as it gets and i love |
| 00:13:58 | 00:14:01 | it so for someone like me who's not a |
| 00:14:00 | 00:14:04 | numbers person |
| 00:14:01 | 00:14:05 | this is perfect so remember guys you can |
| 00:14:04 | 00:14:09 | try shopkeeper for free |
| 00:14:05 | 00:14:12 | for 90 days by going to tatianajames.com |
| 00:14:09 | 00:14:14 | shopkeeper i will also put this link in |
| 00:14:12 | 00:14:16 | the description box of this video |
| 00:14:14 | 00:14:18 | if you guys enjoyed this video give me a |
| 00:14:16 | 00:14:19 | thumbs up if you have any questions |
| 00:14:18 | 00:14:20 | about |
| 00:14:19 | 00:14:23 | shopkeeper feel free to comment down |
| 00:14:20 | 00:14:25 | below keep in mind that shopkeeper does |
| 00:14:23 | 00:14:27 | work for 18 different marketplaces |
| 00:14:25 | 00:14:29 | so wherever you're selling it can work |
| 00:14:27 | 00:14:31 | for you |
| 00:14:29 | 00:14:32 | but if you do have any other questions |
| 00:14:31 | 00:14:34 | let me know in the comment section below |
| 00:14:32 | 00:14:36 | thank you for watching i'll see you next |
| 00:14:34 | 00:14:36 | time |
