Lovegobuy Spreadsheet for Resellers: Profit Tracking System
Introduction
Reselling is a numbers game. The buyers who make consistent profits are not the ones who find the best deals — they are the ones who track every number. A reseller-grade lovegobuy spreadsheet is the single most important tool in your business arsenal.
This guide walks you through building a spreadsheet that does more than track orders. It forecasts profit, identifies your best suppliers, and tells you exactly which items to reorder.
The Reseller Spreadsheet Structure
A basic order tracker has ten columns. A reseller spreadsheet has eighteen. Here are the additional columns that turn a tracker into a profit machine:
- Platform: Where you plan to sell (eBay, Depop, Grailed, etc.)
- Listing Price: The price you expect to sell for
- Platform Fee %: eBay takes 13.25%, Grailed takes 9%, etc.
- Shipping to Buyer: What you charge the end customer
- Net Profit: Listing Price minus all costs and fees
- Profit Margin %: Net Profit divided by Total Cost
- Days to Sell: How long the item typically takes to move
- Reorder Flag: Auto-calculated — reorder if margin > 25% and days to sell < 14
Calculating True Net Profit
Most new resellers calculate profit incorrectly. They subtract purchase price from sale price and call it done. The real calculation includes every cost along the way:
Net Profit = Listing Price - Platform Fee - Payment Processing Fee - Shipping to Buyer - Total Purchase Cost (including agent fees and international shipping)
A $50 item that cost you $25 to buy is not a $25 profit. After eBay fees ($6.63), PayPal fees ($1.75), and shipping ($5.00), your net profit is $11.62 — a 46% margin drop from the naive calculation.
Using the Reorder Flag
The most powerful column in your sheet is the Reorder Flag. It uses a simple IF formula:
=IF(AND(Margin>0.25, Days<14), "REORDER", "SKIP")
This single cell tells you whether an item deserves a second purchase. Over time, your sheet builds a list of proven winners. Focus your capital on reordering those items instead of gambling on unproven products.
Supplier Scorecard
Add a second sheet tab called Suppliers. Track every supplier you have used with these columns:
- Supplier Name
- Items Ordered
- Items with Issues
- Avg. Shipping Time
- Quality Score (1-5)
- Reliability % (Items without issues / Total items)
After ten orders, patterns emerge. You will know which suppliers deliver on time, which send wrong sizes, and which ghost you when problems arise.
Conclusion
A lovegobuy spreadsheet for resellers is not just an order tracker. It is a business dashboard. It tells you what to buy, what to avoid, and where to invest your next dollar. Build it once, use it forever, and watch your margins climb.
Summary Comparison
| Metric | Calculation | Why It Matters | Target |
|---|---|---|---|
| Net Profit | Sale - All Costs | Real money in your pocket | > $10 per item |
| Profit Margin % | Profit / Total Cost | Measures efficiency | > 30% |
| Days to Sell | Tracking actual sales | Cash flow speed | < 14 days |
| Platform Fee % | Platform + payment fees | Hidden cost reducer | Factor into pricing |
| Reorder Flag | Auto IF formula | Capital allocation | Reorder winners only |
Related Reading
Frequently Asked Questions
How many items should I track before patterns emerge?
Should I track unsold inventory?
Can I use the same sheet for multiple platforms?
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