Every new seller who wants to calculate costs will use Amazon’s calculators. Today we will focus on some calculations that Amazon sellers need to know.
1. Amazon: FBA Profit Calculator
Amazon offers a lot of services to its sellers, and their FBA profit calculator is just one of them. As shown in the image above, first select your country in the upper right corner, then enter the product name in the search bar. This will give you a good idea of the FBA fees for your product, and you’ll know how to price the item for the most profit.
2. Algopix: Conversion Rate Calculator
If you want first-hand insights into how user engagement translates into conversions (whether that’s email signups, sales, or something else), Algopix has you covered. Their calculator is right on the homepage, allowing you to quickly and easily enter numbers to come up with your conversion rate.
If that’s not enough for you then scroll down to the bottom and they also have tools to help you convert ASIN to UPC, ASIN to EAN, EAN to UPC and calculate ebay fees.
3. TaxJar: Sales Tax Calculator
It goes without saying that no one likes paying sales tax, but it cannot be avoided. TaxJar makes selling in the US as easy as possible. All you have to do is enter your zip code (or at least a street address to provide better accuracy in some states) and you'll find out the sales tax rate for each region of the U.S.
Additionally, if you sign up for TaxJar’s sales tax API demo, you can use additional information (such as whether products are tax-exempt or shipping is taxable) to calculate sales tax.
4. F. Curtis Barry & Company: Cost per Order Calculation Period
F. CurtisBarry & Company breaks down their calculator in a detailed post with everything you need to calculate your cost per order (CPO) to help you understand your shipping costs and where you can save money.
5. RedStagFulfillment: Dimensional Weight Calculator
Amazon calculates storage and fulfillment fees based on the weight and dimensions of your product, so RedStagFulfillment’s calculator gives you a quick and easy way to check if it’s cheaper to go with Amazon or another company. Enter the weight (in pounds), length, width, and height (in inches) of your product, and it will tell you how much UPS, FedEx, and USPS will charge in each zone.
6. ReturnCostCalculator: Return Cost Calculator
If you want to be a successful seller on Amazon, returns are inevitable. With the help of the ReturnCostCalculator, you can get a rough idea of what these costs will be so that you can factor it into your overall budget and avoid unexpected costs.
7. ImpactMasters: Customer Churn Cost Calculator
Another area of loss that you may not be able to avoid on Amazon is customer churn. Retaining 100% of your customer base is nearly impossible, but ImpactMasters can help you determine the potential costs.
They’ll take into account things like average sales, sales per year, number of bad reviews per year, number of lost customers per review, etc. and give you some numbers you can reasonably expect when selling online.
8. EasyCalculation: Email Marketing ROI Calculator
Email marketing is simply a necessity these days, but do you know what your ROI is? EasyCalculation can help you find the answer. It takes into account currency type, audience size, ad cost, response rate, conversion rate, and average purchase size, so you can see which areas need strengthening or cutting back.
9. TradeGecko: Stocking Formula Calculator
Keeping your inventory adequately stocked is both an art and a science, and TradeGecko exists to ensure you have a good handle on both. They’ll help you calculate when to restock at the right time so that there’s enough in inventory to satisfy buyers, but not so much that you’ll have to pay long-term storage fees.
