Revenue and profit
It seems the more product that have been ordered and the revenue reflects, the more the profit seems to decrease. Why is that?
Revenue and profit
It seems the more product that have been ordered and the revenue reflects, the more the profit seems to decrease. Why is that?
1 reply
Seller_kIukTwdhvntAp
Have you bothered to check your pricing? I had my largest supplier raise prices a couple months ago. I am STILL sorting through my inventory and raising pricing.
I have about 500 items to go through yet and there are multiple varieties of each of those so probably close to 1500 different SKUs.
Some products went up 10% to 20%, some by 50%, and a few by 250%. Inflation cycles are so much fun.
On the bright side, inventory profits are WAY UP! I just get that when something sells at the 'new, improved' high price on Amazon and elsewhere.
