Calculate Profit Online Shop
Calculate Profit Online Shop
Low investment is the advantage of online marketing. But even so, we should consider the cost-profit of doing business together. in order to use the information obtained to make decisions for the next investment First of all, we have to get to know two important variables.
Variable costs (VC) - Costs where expenses are uncertain. Changes according to the environment or society, such as advertising investment The one that was posted with the first owner might be cheap. But investing with another company may be twice as expensive.
Fixed costs (FC) - Costs where expenses are fixed. Unchanged, such as collecting rent at 500 baht every month
Formula to calculate (how many pieces sold)
Number of products = Fixed cost / (Product price* - Variable cost per piece)
Formula for calculating (how many baht sold)
Quantity of goods = {Fixed cost + (Variable cost per piece x Quantity of goods*)} / Quantity of goods
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