ProfBay is a new online application that monitors your EBay account to help you track profitability from your sales. It’s in beta at the moment, and free, but the developers plan to charge a ‘small subscription fee’ sometime in the future. Could be useful for all you budding auction entrepreneurs.
ProfBay will automatically import all your completed items from eBay, and in the process it will calculate exactly how much profit/loss you made from your auctions. Of course, we won’t know all the expenses related to your listings, but we can find the exact cost of the insertion fee, final value fee, and even the PayPal fee too! If you specified a shipping and handling cost when you listed your item, then that is available as well, and we’ll factor it in to the calculations. The end result is a zero-effort way to view your business at a glance—and a way to know where to concentrate your efforts and resources!
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