How to Calculate a SKU's Profit in 30 Seconds: Amazon Seller Central

Are you Making Profits on Amazon? 00:00 Introduction 00:10 How to check if you are making a profit on Amazon. Start with Manage Inventory and click one of the SKUs and it will load up the back-end detail page. 00:24 Scroll down to the Inventory page and click “Edit” beside Total Off - Amazon Cost 00:40 Input the Cost of Goods Sold (COGS) and Miscellaneous Costs 01:05 Displays Net Proceeds based on the items sold and the number of items sold. 01:20 Man Cave gift items per unit are incurring losses 01:24 Age of Sage products per unit is incurring losses too 01:39 Breakdown of expenses shows PPC eats most of the expenses 02:54 It would have been a profitable item if it were only running on organic ads 03:29 Running paid ads on Age of Sage boxes of 6, 12, and 100 hoping customers to buy in larger quantities. 04:01 Sellers can make a better decision when Costs of Goods Sold (COGS) is identified 🏫 https://mag-school.com/ - PPC, SEO, Design, Catalog courses for $10-20 ❓ Do you want to grow your Amazon sales or solve a problem? Go to www.myamazonguy.com and get help ✅Get 50% Off First Month with Helium 10 https://bit.ly/3z1sijm ✅ Order a Trademark from My Amazon Guy for $825 and get your brand registry on Amazon in under 7 days. Order here: https://myamazonguy.com/trademark-ser... ✅ A+ Enhanced Brand Content https://myamazonguy.com/amazon-enhanc... ✅ Beginner Tutorial Playlist:    • Comprehensive Amazon FBA Beginner Tutorial...   ✅ Coaching on Demand (Same day Appointments Available): https://myamazonguy.com/book-a-coachi... 🎤My Podcast Setup: GoPro Hero10 https://amzn.to/3HghK4i Rode NT1KIT Cardioid Condenser Microphone https://amzn.to/3ObJvNI Rode Swivel Mount: https://amzn.to/3O9ruzF RODECaster Pro Podcast Production Studio https://amzn.to/39mKko8 Sony Alpha a6400 Camera https://amzn.to/3xoEnPF Sigma 16mm Sony E Lenshttps://amzn.to/3xJLYtv Favorite book of 2022 Extreme Ownership https://amzn.to/3aRBQ8R