Answer 3: To enjoy the full power of HelloProfit, youโll first set up each product in your HelloProfit account by following the simple tutorials provided. HelloProfit incorporates the information you provide (such as product cost, FBA inbound shipping cost, & FBM shipping cost) along with the information it automatically gathers from your account via Amazonโs own secure API.
HelloProfit even accounts for the smallest details โ Those extra expenses such as your professional seller account fee, aggregated costs of coupon redemptions & lightning deal fees are deducted in a special area to calculate your net profit with laser accuracy.
The result is a clear yet detailed organization of facts and figures about each product, each ASIN, and your merchant account as a whole. While HelloProfit is best known for revealing your true profits, youโll also clearly see your ROI, profit margin, and a host of other business-critical metrics on both the product and account levels.
