Note: this is an "estimation" of the total of your Amazon selling cost and profit margin.
You can utilize the Price Calculator to figure out what your Min and Max Prices should be. Click on the calculator icon under the Min Price or Max Price column to open the calculator interface.
The Price Calculator shows the following information:
- Fulfillment: there will be an FBA or FBM icon indicating the fulfillment type for this listing.
- Product Cost: the combined cost of the product. This should be the same figure as the number in the Cost column.
- FBM Shipping Cost: If the listing is FBM, you can enter the actual shipping cost here.
- Additional Cost: other product-related costs (i.e. inbound shipping fee, pre fee, Sales Tax...etc).
- Amazon Referral Fee: Amazon Referral Fee is dependent on the listing category and based off of the Fee Estimate Report from SP-API. Essentially this is Amazon's estimation, so it is not always 100% accurate.
- Closing Fee: if Amazon closing fee applies, it will appear here.
- FBA Fulfillment Fees: if the listing is FBA, Amazon Fulfillment (FBA) fee is shown here.
Min & Max Configuration with Product Cost
Enter Product Cost and press Enter or click the reload icon to proceed with the calculation.
You can either:
1. Input a Min or Max Price, and hit Enter to see what your profit margin or ROI would be.
2. Input what profit margin or ROI you wish to achieve and hit Enter to see what your min and max prices need to be.
After clicking the reload button, all three fields will be updated. When done editing your min or max price, click Save to save your min or max price.
Min & Max Configuration with Additional Cost
When inputing values in the Additional Cost field, the system will factor it into the Est. Profit, Est. Profit Margin and ROI calculations. Conversely, if you update a new Est. Profit, Est. Profit Margin and ROI, the system will factor in the Additional Cost to calculate the corresponding Min & Max price and Your price.
Please note that it’s optional to specify the additional field for metrics (i.e. Min & Max price, Your Price, ROI, Profit Margin and Est. Profit).
Profit Calculator for the listings that are Inactive or Missing Shipping
Due to changes in Amazon's API starting July 28, 2016, we are no longer able to calculate the full fee that Amazon will charge on the inactive listings because of missing shipping. The shipping will usually be available around 24-48 hours later.
You should see the shipping price displayed like this:
Now during the processing time, you will still be able to use the Profit Calculator. All you need to do is enter the shipping that you set up in your Seller Central manually at the top of the calculator.
☛ Note: Once the listing becomes active, BQool will automatically override the manually entered shipping data with the latest data from Amazon.
Message: "Missing shipping weight"
When the Missing shipping weight message pops out, it means that Amazon does not have the necessary shipping information to estimate your FBA fee. Therefore, we are unable to calculate the proper cost for that particular listing.
You can either wait until the Fulfillment Center to update the dimension and shipping weight or you can try entering it in your Seller Central.
Please go to your Seller Central, under Inventory > Manage Inventory > Edit the listing that is missing the shipping weight. Next, go to the "More Details" tab where you can find the fields to enter the information.
☛ Note: Please make sure the Advanced View, at the upper right, is turned on.
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