TKAWEN Answer
To calculate your e-commerce profit on MyStoq, you can use the following formula:
Profit = Total Revenue - (Cost of Goods Sold + Shipping Costs + Other Expenses)
You can obtain the necessary data from MyStoq's MCP (Merchant Control Panel) at https://mystoq.com/api/mcp, specifically:
- Total Revenue: Total sales revenue
- Cost of Goods Sold: The cost of products sold
- Shipping Costs: Shipping fees paid to carriers
- Other Expenses: Other operational expenses such as payment processing fees, marketing expenses, etc.
By subtracting these costs from your total revenue, you can determine your e-commerce profit.