The Printful profit calculator allows you to calculate your profit from selling products using Printful, while considering additional costs such as shipping, printing, and packaging. Additionally, the calculator factors in transaction and platform-specific fees (such as Etsy and eBay fees) for more accurate results.
How to Use the Calculator
- Enter Selling Price: This is the price at which you plan to sell your product.
- Enter Cost Price: This includes the cost of the product from Printful.
- Enter Printing Cost: If your product involves custom printing, enter the printing cost here.
- Enter Packaging Cost: Input the cost for packaging materials used for the product.
- Enter Shipping Cost: Include the shipping cost required to deliver the product.
- Select Platform: Choose the platform you're selling on (Etsy, eBay, or Other). If you're not using any of these platforms, select 'None.'
- Enter Transaction Fee: Enter the transaction fee percentage for your platform or payment processor (e.g., PayPal or Stripe).
- Platform Fee: If you've selected a platform, this field will appear, showing the fee percentage specific to that platform. It will default to typical fees (e.g., Etsy: 6.5%, eBay: 13.25%), but you can adjust it if necessary.
Understanding the Results
After entering all the information, click the 'Calculate Profit' button. The calculator will display the following results:
- Total Cost: This is the total cost of the product, including product cost, printing, packaging, and shipping costs.
- Total Deductions: The total deductions include all the costs as well as transaction and platform fees.
- Net Profit: The net profit is the final amount you will make after all costs and fees are deducted from the selling price.
- Profit Margin: The profit margin is the percentage of profit relative to the selling price. It helps you understand how much you're making in comparison to the total revenue from the sale.
Platform Fees
Etsy: Etsy charges a 6.5% fee on the total transaction amount, including the product price and shipping.
eBay: eBay typically charges a 13.25% fee on the total sale price of the item.
Other Platforms: For other platforms, you can input your own fee percentages based on the platform's requirements.
Example Calculation
Let's say you're selling a t-shirt for $30 on Etsy, with a product cost of $10, printing cost of $3, packaging cost of $1, and shipping cost of $5. After selecting Etsy, the calculator will automatically apply the 6.5% Etsy fee and your chosen transaction fee (e.g., 2.9%). After calculating, you'll see the total cost, deductions, profit, and profit margin for your sale.
Conclusion
By using this calculator, you can ensure you're pricing your products effectively and maximizing your profit after accounting for all costs and fees.