> ## Documentation Index
> Fetch the complete documentation index at: https://docs.sellysoftware.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Best Practices

> Tips for getting the most out of Selly and keeping your business data accurate.

## Log Items Immediately

The best habit you can build is logging items to Inventory the moment you acquire them — not days later when you've forgotten the exact cost.

**Why it matters:** The cost you enter is used for every profit calculation. If you forget or estimate, your margins won't be accurate.

<Tip>
  Keep the Selly app open on your phone when you're sourcing. Log the item before you even leave the store or close the browser tab.
</Tip>

## Keep Statuses Current

Your Inventory statuses drive your Storefront and your metrics. If a unit is sold but still marked as Listed, it'll show on your Storefront and inflate your Inventory Value.

Make it a habit to:

* Mark units as **Listed** the same day they go live on a marketplace
* Record the sale in Selly the same day it sells
* Update statuses after each selling session

## Log Expenses Regularly

Most resellers only track what they paid for items, not their overhead. This makes profit look much better than it is. Log expenses at least once a month to keep your net profit accurate.

**Quick monthly checklist:**

* Marketplace fees from payout reports
* Shipping supplies bought this month
* Recurring subscriptions
* Any one-off costs

## Use Descriptive Item Names

As your inventory grows, vague names get confusing fast. Use a consistent format:

```
[Brand] [Model] [Colorway/Edition]
```

Examples:

* `Nike Dunk Low Panda`
* `Jordan 1 Retro High OG Chicago`
* `Supreme Box Logo Hoodie Black FW22`

This makes searching, filtering, and reviewing your performance much easier.

## Review Performance Monthly

Set aside 15 minutes at the end of each month to review your Performance page:

1. What was my revenue and net profit this month?
2. Which items made me the most money?
3. What's my average margin?
4. Am I improving vs. last month?

This is how you go from casually reselling to running a real business.

## Price Based on Margin, Not Just Comps

Looking at comparable sold prices is important, but always filter it through your actual cost:

```
Min profitable price = Cost ÷ (1 − target margin)
```

If you paid $150 and want a 30% margin: `$150 ÷ 0.70 = $214`. List at $215+.

## Use Your Storefront as a Sales Tool

Your Storefront link is a 24/7 catalog. Share it proactively instead of waiting for buyers to ask what you have:

* Post it when you have new stock
* Include it in every DM to potential buyers
* Add it to your bio on every platform you sell through