WooCommerce: How to set cost per product (COGS)

#1 Plugin - RECOMMENDED SOLUTION

Download this plugin:
https://wordpress.org/plugins/cost-of-goods-for-woocommerce/

After you install the Woo plugin, you will see an additional product cost attribute for all the products in WooCommerce. After adding the COGS on product level, we are able to pull this data directly from Woo.

We will import the costs of each SKU / product variant. This can be verified here:
https://advertiser.reaktion.com/setup/product-settings


#2 XML Feed
Please see this guide:
https://reaktion.freshdesk.com/en/support/solutions/articles/101000466413

#3 Set COGS directly in Reaktion
Please see this guide: 
https://reaktion.freshdesk.com/en/support/solutions/articles/101000464868

Don't have the time to set costs for all your products?

While we recommend setting costs for all your products, it should not hold you back from getting started with Reaktion. As a starting point, you can set a default Cost of Goods Sold (COGS).


How to calculate default COGS?

You should ask yourself / your client:
On Average, how much do I spend on products when I sell for $100 / 100 kr. EXCLUDING VAT? Let's say you / your client spend $35 / 35 kr., then enter 35% here: https://advertiser.reaktion.com/setup/cost-settings?step=1

Note: If you / the client has set specific cost on product level, then these specific costs will overwrite the default Cost of Goods Sold percentage.