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Cost of Goods Plugin for WooCommerce

$48.00

Subtract the costs from your revenue and you get the profit, your actual gain. This is one of those laws we learn in school and that we all end up taking for granted. Then we actually end up forgetting about it, when we decide to start a business. And often we will start looking for a reason why our business is failing when it’s already too late. You wonder how the margins of your earnings could be so low, when sales were fine.

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Cost of Goods Plugin for WooCommerce

You wonder why, despite fifty orders per day, your business kept dying, little by little every day, until the company accounts have inevitably gone in red. The reason is almost always there: hidden among the folds of those unaccounted costs that you somehow missed, that you did not consider.

NOT MONITORING THE COST OF YOUR PRODUCTS CAN MEAN THE FAILURE OF YOUR BUSINESS.

Many businesses fail because their owners, as a matter of fact, didn’t plan an in-depth analysis of the relationship between costs and revenues. It’s the story of Jonathan, who bought clothes abroad to resell them on his e-commerce.

The sale price was higher than the purchase price and that was enough for him to believe he had a fair margin of profit. But Jonathan, in his enthusiasm and inexperience, forgot something. He had underestimated his shipping costs, forgot about customs costs and the costs of labeling individual garments. His business, which also had all the potential to succeed,managed to hold together only for about three months.

The most popularly sold product of its e-commerce, a t-shirt that customers could choose to customize, was the cause itself for the total bankruptcy of its business: it may have high sales, but the cost of customization – that were also underestimated from the beginning – they completely cancelled the profit margin.

Jonathan’s story is the story of all the entrepreneurs for whom we created our YITH Cost of Goods for WooCommerce plugin.

A simple and powerful control tool that allows you to constantly monitor your ecommerce trend and analyze the relationship between product costs and your net income. Through our panel you can include, for example, shipping costs, taxes, VAT charges, payment gateways and a 360 degree overview of your total costs: this will help you figure out which ones of your products have a higher margin of profit (which are not necessarily the ones that sell the most!), what kind of profit you will gain in case of promotions or discounts and which sale prices will cover all costs, especially those that often go unnoticed and that actually can make the difference in your business success.

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Product Manuals

If applicable, the Product Documentation, Reference Materials, CAD design(s),.STEP file(s) and/or other drawing files, Manuals, and Tutorials will be available for download upon purchase. The order confirmation email will include a downloadable link to the product file(s), which can also be downloaded from the My Account section if needed.


Our story would be too long and boring to be told here, but we can give you two or three frames. For example, how we met. It all started in July, on a random Friday…Nando was the CEO of a web agency based in Catania, Sicily. I was a web designer, and I lived in Tuscany. We both used internet for our jobs, but we didn’t use it just for that, apparently…Who would have thought that the internet would have connected us so much that we would become life partners? Well, it happened, and Noemi, our daughter, is the sweetest proof of that.

Shipping Policy

WE SHIP WORLDWIDE: We primarily ship via FedEx, UPS, DHL, EMS, TNT, and USPS because they are fast, reliable, and easily trackable. We usually ship within two to three business days after the full payment. Standard delivery generally occurs within 5 to 7 business days after the shipping date. However, sometimes delivery may take about 7 to 10 business days, depending on the shipping destination, logistics mode, weather conditions, product weight, size, or shipping company distribution structures based on re-planning, such as staff shortages caused by COVID.

SHIPPING COSTS: For some industrial products, e.g., heavy wheels, CNC machines, etc., the shipping cost is calculated based on the product weight, not quantity. To benefit from lower shipping costs for orders with multiple items, please contact us at sales@ozrobotics.com. Our shipping rates are listed very clearly on each product page under the SHIPPING tab. Additionally, to see the shipping cost for your country, add the item to the Shopping Cart; you will see the shipping cost based on your Country and Location.

CUSTOMS and TARIFFS: While not all products require customs fees, some products may require a minimal tariff if applicable in your country for orders with $800.00 and above. The total amount for your order does not include a customs fee/tariff. A tariff belongs to the buyer when applicable. Why don't we add tariffs to the product's retail price? - If all countries were deducted the same amount of tariff, we would have added the tariff amount to the product price. However, we do not do that because each country charges a different amount, while some do not even charge. Therefore we can't add any tariff to the product's retail pricing. Oz Robotics, our Manufacturing partner, or our Supplier is not responsible for tariffs on any shipment. Please check the "By" and "Made In" sections on each product page to see the country of the manufacturer or supplier for that product. The total amount for your order does not include any duties, import taxes, customs fees, and GST/VAT. The buyer must pay all import duties. Please click here to see more on Tariffs.

Return Policy

COVID: We are suspending product returns due to the current COVID-19 pandemic unless there is a manufacturing defect. Please study the product and ask us questions before you buy. Thank you.

ORDER CANCELLATION: After you place an order, you have 5 hours to request an order cancellation. After 5 hours, your item(s) have either already been shipped, prepared to ship, or are currently being custom-made. It means we will not process your cancellation request after this period has passed. By placing your order, you signify that you agree to be bound by our Order Cancellation Policy.

PAYPAL and STRIPE SERVICE FEES: Please note both PayPal and Stripe do not offer a refund for the service fees they charge when you purchase a product. Therefore, after placing an order, if you change your mind and ask for a refund, we will deduct the service fee for PayPal or Stripe, whichever one you used to purchase. If you have any questions about this, please contact PayPal or Stripe.

EXCHANGE POLICY: Oz Robotics wants you to be happy with your new purchase. However, we abide by the exchange policy of our suppliers because we do not manufacture these products; our suppliers do. Once you used the product, our supplier(s) and we have the right not to issue a refund. Still, we will offer an exchange for the wrongly purchased items or products with serious and irreversible defects or technical problem(s). The buyer will pay the shipping fee for wrongly purchased products or any other similar issues. If the product you purchased is defective, please email us at support@ozrobotics.com with some photos or a video of the defective parts to evaluate before you send it. Click HERE for more on Refund and Replacement Policy

REFUND POLICY: Oz Robotics accepts refunds on a minimal basis unless there is a manufacturing defect. For any electronic items, returns are only accepted on devices with serious and irreversible problems; meanwhile, the customer must apply for the returns within seven days from the delivery date. Before a refund acceptance, please include images or a video and any other material proof of the defect. However, we abide by the exchange policy of our suppliers because we do not manufacture these products; our suppliers do. For more info on Refund and Replacement Policy please visit Refund and Replacement Policy.

Other than our supplier’s default policy, once a return is agreed upon, you can ship your defective item to the provided return address that you should receive from us first. Please ship the order in original packaging with all the accessories and additional parts. If the Required Parts are not sent back, they will be billed for or expected to be shipped at a later stage. And only once all items have arrived will our staff check the returned product for testing. Include in your package a signed letter stating the reason for your return and the original receipt as well as any mentioned proof of defect, images, or a video, etc. It will help us to speed up the process on your behalf.

The purchaser (customer/buyer) is responsible for all shipping costs when returning an item. However, upon receiving the returned order, we will assess the product. If it is determined that there is, in fact, a manufacturing defect, then we will refund the shipping costs as well as repair or replace or refund the full amount to the purchaser if the product is not fixable.

If you wish to return an unused product, please do so within seven days from the ship date for a refund on the purchase price, minus shipping, handling. Refunds will be credited to the original credit card used for payment in 24-48 HOURS after receiving the product back. We will charge 50% restocking fee.

Once your return is received and inspected, and if agreed for a refund, refunds will be credited to the original credit card used for payment in 24-48 hours. Please note that we will charge a 50% restocking fee once you return a product without any defect.

Once your refund is processed, PayPal will return the money to the card used. It may take at least five business days (depending on the bank and credit company) before your refund is posted in your bank account and statements. Contact Us if you still have not received your refund after 5 business days.

Do not return your product to our New York office. For any exchange or refunds, please email us first at support@ozrobotics.com for us to provide you with the steps that need to be followed. Any product you return must be in the same condition you received and returned in the original packaging without being used. Please keep the original receipt. More on Refund and Replacement Policy.

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