Cost Per Item

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Display the cost and margin of products, clarifying pricing for customers.
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What Owlfred thinks...

This app is great for clarifying your product prices to customers by displaying cost and margin in an easy-to-configure way!

This is a great Shopify app that will help you grow your Shopify store faster!

How does this app compare?

Our team of resident Shopify nerds have reviewed 1000s of Shopify apps to help you make the best decision. Compare the top apps against your need below.
Last Updated:
September 2, 2024

Clarify product prices and margins with ease

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Take control of your product pricing strategy with this precision-driven application specifically designed to cater to your meticulous business needs. Offering a seamless configuration process, this app gives you the ability to effortlessly apply bespoke settings to all product ranges within your store. A sophisticated yet user-friendly interface allows you to illuminate the raw cost and margin data for all of your offerings in real-time.

The app brings to the forefront an exponentially crucial perspective on your supply chain economics. It takes the unknown out of your specific cost per item, offering you a clear, easy-to-understand view of your productโ€™s raw price juxtaposed with your selling price. It emphasizes your profit boundary, creating the clarity you need to optimize your pricing strategy to suit both competitive marketplaces and your bottom line.

Simplicity meets analytical intelligence, offering the capacity to handle vast amounts of data, analyze them, and serve them in a digestible, ready-to-use fashion. This application complements the ambition of profit-oriented merchants seeking to retain both control and simplicity. It candidly bridges the gap between your cost management and customer expectations, making it an indispensable tool in the modern commerce landscape.

Features

Hide or show cost per item and margin per product
Calculate cost and margin based on product variants
Customize text and settings easily
User-friendly interface for seamless configuration with your store
Analyze and adjust product pricing based on cost per item to increase profit margins

Benefits

Increase profit margins by effortlessly analyzing and adjusting product pricing based on cost per item
Optimize pricing strategies to align with competitive marketplaces and maximize your bottom line
Streamline cost management and bridge the gap between costs and customer expectations to enhance overall profitability

About the Vendor

rThrone
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Pricing

$1.99/month. Free trial available.
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All charges are billed in USD. Recurring and usage-based charges are billed every 30 days. Pricing may differ to that listed above, please check the link below for accurate and up to date pricing details.
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Owlfred Review

Hoot Hoot! Meet the Cost Per Item app by rThrone, dedicated to offering you supreme control over your product pricing display! With an average rating of 5, it's got merchants singing its praises for its easy-to-use interface and customizability. This savvy app allows you to openly communicate your product's raw price and what you charge. Plus, it's quick to customize and integrate with your store. Fancy defining your cost and margin based on product variants or hiding or showing cost per item and margin per product? This app's got all that covered! And if your feathers ruffle at confusing setups, worry not. This app promises an easy interface that will have you flying high in no time! All these oomph for only $1.99 a month, with a 7-day free trial that really fluffs up the nest nicely. Worth your perch? This owl thinks so! Happy storefront sprucing, Shopify merchants!

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Frequently Asked Questions

What is the significance of calculating product price margin?
Calculating product price margin is fundamental as it helps determine the profitability of a product. It measures the percentage of sales that has turned into profits, indicating the efficiency of pricing and cost control strategies.
How does the margin method of pricing work?
The margin method of pricing involves setting a price that covers the cost of the product and also delivers a profit margin. It essentially means you set the price high enough to cover costs and bring in profits without pricing yourself out of the market.
How do you approach setting margins for pricing?
Setting margins for pricing involves understanding your costs, the market and competition, and your desired profitability. The goal is to settle on a margin that covers costs, maintains competitiveness and delivers acceptable profitability.
Can you explain what a product pricing strategy is?
A product pricing strategy is a method or approach used to establish the most suitable price for a product. This strategy considers the product's cost, competitor pricing, target demographics, and market conditions. It helps maintain viable sales volumes while optimizing profit margin.

Shopify App Comparison: Cost Per Item vs Easy Tabs โ€‘ Product Tabs - which is better?

The Cost Per Item app is a powerful tool for precision-driven businesses looking to enhance their pricing strategy. With its user-friendly interface and seamless configuration process, this app allows you to effortlessly apply bespoke settings to all product ranges within your store. It provides real-time data on the raw cost and margin for each offering, offering a clear view of your profit boundary. By analyzing and adjusting product pricing based on cost per item, you can increase your profit margins and optimize your pricing strategy to align with competitive marketplaces.

On the other hand, the Easy Tabs - Product Tabs app focuses on enhancing the organization and accessibility of product information on Shopify stores. It offers customizable tabs for product descriptions, specifications, and shipping details, making it easier for customers to navigate and understand. The app also ensures compliance with WCAG 2.0 / Section 508 accessibility guidelines, showcasing a commitment to inclusivity. With its versatile features, such as the ability to split existing product descriptions into tabs and easily manage tabs for each product, this app saves time and improves productivity for Shopify merchants.

While both apps bring unique benefits to the table, the recommended app ultimately depends on your specific business needs. If you are looking to enhance your pricing strategy and increase profit margins, the Cost Per Item app is a must-have. On the other hand, if you prioritize the organization and accessibility of product information on your store, the Easy Tabs - Product Tabs app is the way to go. Both apps offer valuable features and can significantly impact your business, so we highly recommend considering them based on your individual priorities.

Attribute
Cost Per Item Shopify AppCost Per Item
Easy Tabs โ€‘ Product Tabs Shopify AppEasy Tabs โ€‘ Product Tabs
Average Rating 5 out of 5 4.9 out of 5
Number of Reviews 1 986
Estimated Installs 0 1704
Min Price $1.99 $5.00
Max Price $1.99 $5.00
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