{"id":2374,"date":"2023-09-18T20:22:31","date_gmt":"2023-09-18T17:22:31","guid":{"rendered":"https:\/\/h-profit.com\/blog\/?p=2374"},"modified":"2023-09-18T20:22:33","modified_gmt":"2023-09-18T17:22:33","slug":"accounting-for-sales-and-profits-for-sellers-on-instagram","status":"publish","type":"post","link":"https:\/\/h-profit.com\/blog\/en\/accounting-for-sales-and-profits-for-sellers-on-instagram\/","title":{"rendered":"Accounting for sales and profits for sellers on Instagram"},"content":{"rendered":"\n

Instagram shop today is one of the most relevant business options. This guide is specifically for micro and small entrepreneurs who use Instagram as a trading platform for their business.<\/p>\n\n\n\n

So, you’ve created a page and added all the necessary information. After a while and, of course, a lot of effort, you’ve grown your audience and found your target customers.<\/p>\n\n\n\n

The complex part ends here and the very complex part begins:<\/strong> how to control sales, income, expenses, and most importantly, how to understand how much you actually earn from your business (and whether you earn at all considering all the expenses).<\/p><\/blockquote>\n\n\n\n

And it gets even harder when the business grows and stops being just a small store with a couple of thousand subscribers and one manager (or maybe you do everything yourself). Working through Instagram the old way becomes almost impossible.<\/p>\n\n\n\n

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Sales and Profits Tracking for Instagram Sellers<\/figcaption><\/figure>\n\n\n\n

Let’s imagine a standard Instagram seller…<\/h3>\n\n\n\n

They purchase goods from suppliers, storing them in a warehouse, or perhaps in their own premises… Or maybe they have their own small production… Or maybe they sell something through dropshipping.<\/p>\n\n\n\n

All shipments are made by the seller through Nova Poshta or Ukrposhta. Or they may additionally use third-party delivery services.<\/p>\n\n\n\n

With such a business, the seller needs to keep a lot of details in mind:<\/h4>\n\n\n\n