Nusty Space › How do I find my real profit per Amazon product? › What is COGS and how do I enter product cost?
What is COGS and how do I enter product cost?
COGS is the cost of goods sold: what you paid for each unit you sold. In Nusty Space you enter each product's COGS, and the dashboard combines it with Amazon's price and fees to show profit. Without COGS, profit shows as "—".
What goes into COGS?
- The amount paid to the supplier per unit. Sebrae pricing guide
- Purchase shipping and packaging, if you want them counted.
- This cost is separate from Amazon's commissions of 10% to 15%. Amazon selling prices
- Amazon does not know your cost; only you do. Nusty Space reads the rest through the SP-API, and the trial lasts 3 days. Plans
How do I enter cost?
In the product record on the dashboard, fill in the unit cost. When you change it, profit is recalculated.
How often should I update it?
Whenever the supplier raises prices or you buy a batch at a different price.
What common mistakes should you avoid?
- Entering the selling price instead of cost.
- Forgetting purchase shipping.
- Keeping old cost after a new batch.
Frequently asked questions
Is COGS the same as purchase cost?
Almost. COGS is the cost of the units sold, including what you decide to add.
What if I have several suppliers?
Use the average cost or that of the batch in stock, consistently.
Can the AI change my cost?
Only with your confirmation.
Who sees my cost?
It is data of your account; treat it as business information.
How do I keep COGS up to date?
Update the cost whenever you buy from the supplier at a different price. Product profit changes right away with the new cost. Nusty AI can help change the cost, but it asks for your confirmation before saving any change.