How to calculate the profit of a sale?

Calculating the profit of a sale is an important step to determine the selling price and be profitable.

This article will show you how to calculate the optimal selling price for your products when you sell on GearBubble or upload GearBubble products to sell on other platforms.

Table of Contents

How to Determine Profit When Selling on Gearbubble, White Label Store or Pro Store

Your profit will be the remaining amount after you deduct the base cost from the selling price. The customer will pay for the shipping cost, and platform processing fee (if applicable).

Here's how to find the base cost and shipping cost of our products to determine your profit.

 

Step 1) Log into Your Gearbubble Dashboard

To get started, go to Gearbubble.com and log in to your Gearbubble account.

 

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Enter the email address and password used for your Gearbubble account to sign in.

gearbubble log in page.png

 

Step 2) Click on the "$" button on your dashboard

From your Gearbubble dashboard, click on the "$" button.

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Step 3) Review Applicable Surcharges and Processing Fees

Once you've clicked the "$" button, a window will pop up with the price of all products and their shipping cost.

Make sure to scroll to the end to check out all the surcharges and processing fees that may be applicable.

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How to Determine Profit When Selling on Other Platforms (Amazon, Shopify, Etsy, eBay, etc)

The price you set when launching a campaign will be transferred through the integration. You can edit the selling price on the other platform after the product has been uploaded successfully. For any order you sell, we will charge you only the base cost and shipping cost. You will need to pay the selling fee on Amazon, Shopify, Etsy, and eBay separately. So make sure to factor it into your selling price.

Here's how you can find the base cost and shipping cost of our products:

Step 1) Click on the "$" button on your dashboard

First, click on the $ sign on your dashboard. 

Screenshot 2023-11-12 at 11.17.29 PM.png

Step 2) Review Applicable Surcharges and Extra Costs

A window will pop up with the price of all products and their shipping cost. Make sure to scroll to the end to check out all the extra costs and surcharges where applicable. 

Screenshot 2023-11-12 at 11.18.01 PM.png

Note: Processing fees are NOT applied to dropship orders.

We offer base cost and shipping cost discounts when you order multiple units of the same product in one order. To learn about bulk orders and discounts, please click here.

Summary

Calculating profit and determining the selling price is crucial for a profitable business. Make sure that you take into consideration any non-GearBubble fees (Amazon/Etsy/eBay listing/selling fees, payment processor fees, taxes where applicable, etc.) when setting the selling price for a product so you can profit from the sales.

If you need any further assistance, you can contact our support through chat (8AM-5PM PDT everyday) or email support@gearbubble.org.

Additional Resources

Bulk orders and discounts

Amazon/eBay/Etsy selling fees

Manual dropship order

 

 

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