From the outside looking in, selling on eBay can seem easy. After all, how hard is it to list your item and let people bid on it or click to purchase? But there is a lot more that goes into it, especially if you want to become a consistent and regular seller.
Thankfully, with the help of the eBay profit calculator spreadsheet, you have a tool that can help. Know more about what it is costing you to list, what kind of return you are getting after fees, and whether you are really turning a profit after all is said and done.
Is There an eBay Profit and Fee Calculator in the UK?
The good news for sellers in the UK is that there is also a tool available to help them determine their profits as well as any fees that may be associated with a listing. With the eBay profit and fee calculator, you can know precisely what you are getting down to the penny.
How does it work? Well, it is a form that you use for each of your listings. There are certain criteria that you need to fill in so that you can get the most accurate numbers back.
The categories include the sold price, shipping that you charged the buyer, item cost (what you paid to get it), what it actually cost to ship (this can be different from what you charged), how many orders you have, what your seller type and level are, where the payment is being processed, any ad rates or FVF promotions, and even things like item category.
When you have input all of the necessary information, you can determine what the fee is and what your total profit is. Obviously, the goal is to keep fees and shipping to a point where you are having a positive margin on your product. This can be easier said than done, particularly if you don’t know the tips and tricks.
Profit Calculator Spreadsheet
So, what is the eBay profit calculator spreadsheet? Well, it is like the UK calculator, but it can be put out into a helpful spreadsheet format. Being able to sort fields and organize it as you wish can make it infinitely easier to get a handle on.
All you need to do is to find the appropriate tool somewhere online. There are a few different eBay calculators to choose from but they all kind of do the same thing. You can even create your own version of the eBay profit calculator that can all be integrated into a personal file.
From there, all you need to do is find the button that allows you to “get a copy,” which takes you to a Google Sheet (the online version of an Excel spreadsheet).
How to Use the Sheet?
Let’s start out by using the calculator. It is the same as the UK version listened above and can give you definitive answers as to whether the product(s) you are selling are doing well enough to continue to sell.
When you have filled in all the requisite information, you can submit everything into the calculator Google sheet. You can manipulate the sheet to look however you want, creating the kind of flow that works best for you to compute the information that you are seeing.
Sometimes, that can include organizing things by production cost + shipping fee. There can also be total sales, price offered by dropshipper, and so much more. These calculators are unique in that they will calculate the fees for you so that you don’t have to do the complicated math in your head.
At the bottom of the sheet, you can learn what your total profit will be. This is a great tool for not only seeing what profitability there may be on a current product but also what kind of price tweaks may be necessary to get a greater profit margin out of the entire endeavor.
If you plan to sell seriously on eBay, this is a must-have tool. Sellers cannot just fly by the seat of their pants, hoping to make a good profit on each product. Knowing what you are charging, what you are making, and all the details in between can play a role in all of that.
Save Time, Make Money
If you still aren’t sold, think about this. If you are serious about your listings and want to make the greatest profit margins, it can take hours upon hours to pore over all of the data and come to a conclusion on each product.
But with the help of the eBay profit calculator spreadsheet, you can have everything in one convenient, easy-to-use location. You can find even the most granular pieces of information that will all help you to make the most on your listings.
eBay fees can be comprehensive and are always changing. The right tool can not only help you to understand what chunk is coming out of your sales, but also to help you keep up with what the current rates are. It is the kind of tool that can make you a better eBay seller and also help you to turn out some of the biggest and best profit margins that you have known.
If you have either considered selling on eBay regularly or have finally made the leap, having the proper tools can make a world of difference. That is where the profit calculator spreadsheet can be invaluable to your efforts.
Sellers, the successful ones, know everything about their business. They know what they are spending on fees and listings, what they are taking in, and what that all means towards the bottom line. Set yourself up for success today.