If you sell on Etsy, you need to be careful to take all of your expenses into account to figure out your profits. Etsy reports what they call “Net Profit” on the shop finances page, but that isn’t really net profit.
That number is your Etsy income minus your Etsy fees and expenses, but it doesn’t take your other expenses into account.
If you want to learn about how to calculate all of your expenses so that you can account for everything with each order, you can get my pricing guide here: Pricing Guide For Etsy Sellers
If you understand the concept of overhead and expenses, plus profit vs wages, there’s no need to get the pricing guide! Just use this fees and profit calculator to check on a few of your listings to spot-check their profitability.
You might want to read this article about pricing your Etsy items, too: How To Price Your Products For Profit.
Some of the links in this article are affiliate links that will pay me a small commission if they’re used to purchase something. To see the entire affiliate policy click here.
Tips for using this Etsy Fees and Profit calculator:
- Make sure that you add all of your expenses in the overhead section, including the amount you’ve allocated for your overhead, Etsy ads, things you pay for on a monthly basis like software subscriptions, etc.
- Include the average amount of your shipping into your overhead, too. This category should cover your expenses whether they’re directly related to making the item, shipping it, running your business, etc.
- Offsite ads aren’t included in this because they won’t apply to everyone. If you do use them keep that in mind and make sure to price your products to account for the occasional offsite ads sale.
- You have to select one of the discount fields even if the value is zero in order for the form to calculate things correctly!
Sale |
|
| Sale price of the item, before discounts |
$
|
| Shipping paid by buyer |
$
|
| Discounts (flat or percentage) Must choose one even if value is zero |
|
Total income: |
$0.00 |
Costs |
|
| Cost to make the item |
$
|
| Overhead costs and cost to ship |
$
|
| Wages (cost of your time) |
$
|
| Etsy listing fee |
$
|
| Etsy transaction fee |
%
|
| Payment processing fee |
%
...plus $
|
Total costs: |
$0.00 |
Net profit |
(income after all expenses) |
Total income: |
$0.00 |
Total costs: |
$0.00 |
Net profit: |
$0.00 |
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