How To Get Here?
- From the Menu
- Go to Products->Products List
OR - Go to Sales->Orders
- Click on the Miscellaneous Settings button as shown in the screenshot below.
- Go to Products->Products List
Hints and Tips!
- It is not possible to satisfy all of the people all of the time (Everyone has different views on how to calculate ROI).
- Some options might not be relevant to you, but please understand that there are all sorts of sellers on our platform and everyone has different metrics with which they judge their business.
- SellerLegend allows you to decide for yourself how to perform the calculation.
- The ROI numbers are meant to be different. Every screen has a different ROI as all screens are different from one another and they reflect different data.
Screenprint
- There are various ways to calculate ROI depending on what you consider profit and what you consider costs.
- Configuring the ROI Formula
- Now under ROI Formula, pick your favorite set of factors to be included in Profit (Numerator) and Cost (Denominator).
- Profit section means the items you want to subtract from your revenue.
- As you pick and choose, you will see the formula change on the right side of the screen.
- You can also Reset ROI formula to default by click on the Reset ROI Formula To Default button.
- Saving/Applying the new ROI formula
- The new formula of ROI will be reflected on every screen that includes an ROI column like the Product list Screen.
- Hover on the ROI value to see the breakdown of the value.
Why is the ROI Formula not Similar in Different Screens?
- The ROI numbers are meant to be different. Every screen has a different ROI as all screens are different from one another and they reflect different data.
- Sale Statistics: Grouping by SKU (product), we show only product based OOE in the column and consider only product-based OOE in profit/ROI/margin formulas. We cannot include account-based OOE there, with each product, or they will get calculated multiple times (OOE x no. of products) for their single occurrence, otherwise.
But in tiles, we can have them added statically, once, in the grand total. Please see the info icon, next to profit in red tile. - Inventory/Products List: These screens do not relate a product or its sales/transactions, so the profit/ROI/margin is an expected amount for a single unit of that product.
Also, these stats there are not date-range dependent, except VAT taken for the current-date always. Date range on inventory screen only serves to calculate inventory-stats, (e.g. velocity, reorder date, reorder qty). Please see inventory screen’s ROI breakdown on its popover.