Using Easy Insight, you can report on both gross and contribution profit. Gross profit reflects your sales minus discounts, returns, and COGS (cost of goods sold). These are all expenses that are typically found in your inventory management system. Contribution profit takes into account other expenses that live outside of your inventory system:
Easy Insight enables you to pull those additional costs in and allocate them to an order and SKU level. With these contribution profit values, you can identify just how much money you're making per product and per channel. You might be making the highest amount of revenue selling on Amazon, but are you actually making the most profit out of it? For more information, see our Profit in Easy Insight documentation.
You can also use Easy Insight to dig into the COGS value otherwise calculated by your inventory management system. How much of the COGS is coming from purchase cost, how much is coming from manufacturing, and how much is coming from duties and freight on your purchases? You can also use this functionality to allocate additional landed costs to your purchases and manufacturing that aren't otherwise tracked in the inventory system. see our COGS Analytics documentation.
