WooCommerce: How to set cost per product (COGS)

You can add and manage your COGS (Costs of Goods Sold) in 3 different ways.  

Set a fallback "% COGS share" for all products without COGS prices

You can also manage a fallback COGS cost % for all the products you haven't set an exact COGS for.
Please read this guide:
https://reaktion.freshdesk.com/en/support/solutions/articles/101000448652

#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. 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

Identify products which don't have a cost associated:
Click the "Cost"-link here

Don't want/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:

Note: If you / the client has set specific costs for a product, then these specific costs will overwrite the default Cost of Goods Sold which can be set here:
https://advertiser.reaktion.com/setup/cost-settings