GST at 18% on Selling Price (vary product to product): | |
Referral Fee: | |
Shipping Method: | Closing Fee (based on Shipping Method): |
Shipping Cost: | |
GST on Referral, Closing, and Shipping Fee: | |
Amount to Amazon (1% of GST also retained): | |
Amount in Your Hand (deducted 18% GST): | |
Need to Purchase Goods at (determing your desired profit): | |
Percentage of Share on Selling Price gone to (Amazon Fee + GST 18%): |
Key Features of the Calculator
- User-Friendly Interface: Effortlessly enter your desired selling price, select your product category (from bean bags and mattresses to clocks, wall art, and more), and choose your preferred shipping method (Self-Ship or Easy Ship).
- Detailed Fee Breakdown:
- Referral Fees: The calculator unveils Amazon's commission, which varies by category and product price. Here's a breakdown for your reference:
- Bean Bags & Inflatables: 11%
- Mattresses:
- Up to ₹1,000: 25.5%
- ₹1,000 to ₹20,000: 16%
- Above ₹20,000: 13.5%
- Rugs and Doormats:
- Up to ₹1,000: 10.5%
- Above ₹1,000: 9%
- Clocks: 10%
- Wall Art:
- Up to ₹300: 5%
- Above ₹300: 13.5%
- Closing Fees: The calculator considers closing fees, which depend on selling price and shipping method (details in the code are not available but the calculator factors them in).
- Shipping Costs: Enter your preferred shipping option (local, regional, or national) and the calculator incorporates the corresponding charges (local - ₹44, regional - ₹53, national - ₹74).
- Referral Fees: The calculator unveils Amazon's commission, which varies by category and product price. Here's a breakdown for your reference:
- Profit Margin Calculation: Enter your desired profit percentage, and the calculator determines the exact cost you need to acquire your product to achieve your profit goals.
- Transparency is Key: The calculator factors in 18% GST (Goods and Services Tax) on the selling price, referral fees, closing fees, and shipping charges, ensuring a fully transparent cost analysis.
Understanding Amazon FBA and Its Impact
While this calculator tackles a significant portion of your cost analysis, it's important to consider Amazon FBA (Fulfillment by Amazon). Here's how FBA can affect your costs:
- Storage Fees: Amazon charges storage fees based on product size and storage time.
- Pick and Pack Fees: There are per-item fees for picking, packing, and shipping your products when you use FBA.
Impact on Your Business
FBA can simplify logistics and potentially improve your customer satisfaction by offering faster fulfillment times. However, these benefits come at a cost. Carefully evaluate your business needs and weigh the convenience of FBA against the additional fees before deciding.