![]() ![]() This is invariably true unless you opt for an option such as flat-rate shipping. The heavier the package, the higher the shipping cost. They also provide useful features like shipping apps and integrations with fulfillment software so that you can choose those that give you valuable insights on the best rates and fulfillment services. Ecommerce marketplaces often offer discounted shipping charges for bulk orders. You don’t have to commit to shipping large volumes if you can build loyalty by using their services exclusively.Īnother useful route when choosing a shipping carrier is to check the shipping rates offered by the eCommerce store or platform that you are selling on. Liaise with local carriers and try to build a rapport with them. It is always worthwhile to negotiate before accepting the first quoted rate. So the larger the volume, the higher the discount. Most shipping companies offer rates based on the volume of the shipment. When looking for a shipping carrier, it’s good practice to research multiple options to check who’s offering the best rates. Here are nine top tips on how you can reduce shipping costs while increasing revenue: ![]() But how do companies reduce their shipping costs and increase their revenue? ![]() The message here is clear: free shipping = higher sales. Also, companies that offer free shipping have a 20% higher conversion rate than those that don’t offer free shipping. You can imagine how restrictive shipping costs can be for startups and SMBs (small and medium-sized businesses).Īccording to a recent survey, 73 % of consumers admitted they would buy a product if it offered free shipping. While industry giants like Amazon are able to bear these costs, it still cuts deep into their profits. High shipping costs are one of the biggest obstacles to the growth of eCommerce. It’s no surprise then that the company’s annual shipping costs amounted to a staggering $6.1 billion in 2020. From deodorants to vacuum cleaners, Amazon delivers millions of products to people around the world every day. Amazon’s brown cardboard boxes are regular features on our doorsteps, office reception desks, and mailboxes. ![]()
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