magpie

add cost data so you can see margin

every product has a cost field next to price. fill it in and magpie shows your margin per product on the dashboard. it also feeds sycamore real cost-of-goods data for the p&l.

3 steps~2 min
  1. 1

    open the product

    the "cost" field sits next to the price field.

  2. 2

    type what you pay

    your wholesale or per-unit cost. magpie computes margin = price − cost.

  3. 3

    the dashboard shows average margin

    the magpie shell has a stat for total + active + archived counts. with cost data on enough products, you'll see margin context flow into sycamore's p&l too.

    tip

    even ballpark cost is better than blank. if you really don't know your cost, divide your monthly cogs by units sold for a working estimate. perfect is the enemy of useful here.

was this article helpful?
yesno

still stuck?

we respond to every message within 24 hours.

contact us

more in magpie

all magpie articles