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Product level metricsHow to manage your COGS and shipping costs
Accurately tracking your cost of goods sold (COGS) and shipping costs is crucial for managing your business finances and optimizing your profit margins.
Here's how you can manage these costs in Admetrics.
- Click on Settings > COGS + Shipping costs or here.
- If COGS net is not available for your products in Shopify, you have the option to set a take-rate to calculate COGS based on the undiscounted net sale price of each item.
- Enter the average shipping cost for each country you are shipping to, as well as a default shipping cost for countries without specific shipping costs. This information will be used to accurately calculate your profit margins and other financial metrics.
