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Running a Shopify store includes various tasks such as finding profitable niches, creating business plans, and ultimately selling products. Despite these efforts, every merchant’s primary focus is on profitability. Thus, accurately monitoring and calculating the costs and profits of your Shopify business is essential.
There are numerous expenses associated with e-commerce that must be considered in profit calculations. However, relying on documents like Word files, spreadsheets, or similar tools for this purpose is not sustainable in the long term.
Fortunately, there exists a more effective solution for managing your finances: Profit Calculator Apps. These innovative tools help streamline the process, eliminate uncertainty in profit calculation. To be more specific,in this article, we have collected a list of the best 10 Shopify calculator apps to assist you in analyzing and computing your earnings and profits.
Let’s dive in!
A Shopify calculator app is not an integrated feature within Shopify itself. Rather, it refers to third-party tools that you can install on your Shopify store to streamline and enhance your profit monitoring.
These applications usually integrate with your Shopify data and provide a range of features designed to assist you with:
In general, Shopify profit tracker apps automate your Shopify profit calculations, giving you a more accurate and efficient way to monitor your financial health to boost profit. Check out some tips to help you make better sales and profits here.
Profit Calc is one of the most straightforward and clean-cut Shopify calculator apps to manage your store’s finances. Profit Calc simplifies financial calculations without relying on complex spreadsheets. With just one click, you can access crucial profit calculations and insightful data. This app automates profit calculations and delivers comprehensive analytics reports, empowering you to make informed decisions about your Shopify store.
Rating: 5/5
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Report Toaster allows Shopify merchants to create and personalize detailed reports to fit their business needs. With Report Toaster, you can quickly generate reports on sales, inventory, customer habits, and more. By analyzing this data, you can spot trends and make smart business choices to improve your store’s performance.
Rating: 4.9/5
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TrueProfit is an application that calculates gross profit and keeps track of your profitability in real time. It offers comprehensive insights into product-specific profitability and overall store performance, empowering you to leverage data for optimal decision-making and revenue maximization. Moreover, TrueProfit doubles as a calculator for Shopify fees and shipping costs.
Rating: 4.9/5
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SimplyCost simplifies expense tracking and profit calculations. It seamlessly integrates with your store, providing instant insights into your financial performance. Plus, you can easily track various expenses – from payment gateway fees and Shopify transaction fees to ad costs and other business expenses. This user-friendly app offers a flat monthly subscription that covers all features and services, so you can focus on running your business, not managing your finances.
Rating: 4.8/5
Pricing: $4.99/ month with 14-day free trial
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Zoex is a powerful Shopify calculator app for profit tracking, providing built-in UTM attribution, profit calculation tracking, and facilitating integration with Facebook and TikTok pixels. Zoex goes beyond basic data tracking. It analyzes your marketing efforts (ads, products, and channels) to reveal the most profitable options. This empowers you to optimize your spending and maximize your return on investment.
Rating: 4.8/5
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Lifetimely LTV & Profit by AMP empowers consumer brands with the data and reports needed to make strategic decisions and scale their businesses. This app goes beyond basic calculations. It lets you analyze your Shopify store’s profit margins and project customer lifetime value (LTV), providing crucial insights to improve your return on investment (ROI).
Lifetimely integrates seamlessly with your store, automatically factoring in all expenses and transaction fees when calculating your profits. This ensures you have an accurate and complete picture of your financial health.
Rating: 4.7/5
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Sellerboard delivers unmatched accuracy in real-time, empowering you to make data-driven decisions that skyrocket your sales. Sellerboard’s intuitive dashboard puts your store’s performance at your fingertips.
With this instant insight, you can confidently adjust pricing and product selection to maximize your profits. You can easily monitor your profit and loss figures (P&L), and then drill down to any specific period, product, order, or expense.
Rating: 4.6/5
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This all-in-one Shopify calculator app automates profit calculations and tracks business metrics for accurate insights. BeProfit includes data analytics and a profit calculator for finances, ensuring a more specific auto exchange rate along with personalized reports and financial charts.
BeProfit seamlessly integrates with various e-commerce platforms like Facebook, Google, Snapchat, TikTok, Instagram, and others. It enables you to gain comprehensive insights into your expenditures and income, facilitating the identification of areas where enhancements can be made.
Rating: 4.6/5
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Following on our roster of Profit Calculator Apps For Shopify is Profitario, which is especially suitable for starting dropshippers. It automatically pulls data from all your key platforms like Shopify, AliExpress, Facebook Ads, and PayPal, giving you a seamless overview of your net profit, margins, disputes, and even customer lifetime value.
Profitario keeps a close eye on all your expenses, including cost of goods, shipping, and transaction fees, ensuring you have a clear understanding of your profitability. Here’s the best part: if your Shopify store processes less than 100 orders monthly, Profitario’s services are completely free.
Rating: 4.6/5
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Delirious profit simplifies the process of obtaining precise sales data, analyzing it, and making real-time price adjustments. It allows you to concentrate on managing your store and analyzing analytics instead of spending time manually tracking expenses and profits in spreadsheets.
Simply input your product costs (COGS) into the app, and it handles all your margin calculations effortlessly. This app is tailored for retailers eager to enhance their business operations continuously.
Rating: 4.4/5
Pricing: $5/ month with 7-day free trial
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A Shopify profit calculator is a helpful tool that boosts your store’s financial success by accurately figuring out profit margins, pinpointing the most profitable products, setting the best prices, and keeping track of expenses. Some advanced options might also help with managing inventory, predicting sales, analyzing customer value, and creating financial reports. Using this tool can help you make smart choices to grow your store and increase profits.
Choosing the right Shopify expense tracking app is crucial for managing your store’s finances effectively. Key factors to consider include ease of use, strong customer support, robust data security, affordable pricing, and positive user reviews. Evaluating these features will help you select an app that supports informed business decisions and maximizes profitability.
Yes, a lot of Shopify calculator apps can work together with other Shopify apps. This means they can connect with tools for things like managing inventory, accounting, and marketing. These connections make it easier to keep all your financial data accurate and up-to-date across different parts of your business.
Selecting the appropriate profit tracking app is essential for maximizing your Shopify store’s profitability. This article presents a collection of the 10 top-rated Shopify calculator apps to boost your sales. These tools provide valuable insights that can help you make smarter business decisions, reduce expenses, and drive sustainable growth.
Beyond profit monitoring, they offer additional benefits including customer analytics, sales projections, and inventory control. Begin boosting your revenue now by exploring the recommended apps.