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The cost price field lets you record your cost for each product. This data is never shown to customers and is used for internal reporting and upcoming AI features.

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Setting Cost Price

  1. Go to your storekit dashboard
  2. Navigate to Menu
  3. Click into a Category
  4. Click the product you want to edit
  5. Enter your cost in the Cost field
  6. Click Save
Include all costs that go into producing the item - ingredients, packaging, and any per-item labour costs.

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Upcoming: AI-Powered Upsells

Cost data will power advanced AI upsell models that optimise for margin, not just revenue. By understanding your costs, the AI can:
  • Recommend high-margin items during checkout
  • Suggest add-ons that maximise profitability
  • Prioritise upsells based on contribution margin rather than price alone
Adding cost data now means you’ll be ready when these features launch.

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Best Practices

  • Keep costs updated - Review and update costs quarterly or when supplier prices change
  • Be consistent - Use the same cost calculation method across all products
  • Include everything - Factor in packaging, waste, and any per-unit costs