How do I track bulk buys?
If you buy a lot of inventory at one time and want to track the performance of that purchase, Flipwise makes it easy to group that inventory together.
To track each bulk buy, create a unique Purchase Location for each bulk buy you make, and then assign each item in your inventory that came from that bulk buy to that Purchase Location. You can use the Purchase Location description field to leave notes about the purchase, such as how much you paid for it in total.
You can add both unlisted and listed items to the purchase location.
Flipwise will total up the purchase price for each individual item and show that total on the Purchase Location detail page, along with your gross income from this purchase, net income, ROI, and more.
Coming soon: The ability to set a single purchase date and total price for a bulk buy. Flipwise will automatically assign the purchase date to all associated items and evenly distribute the total cost across them.
