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Free shipping is a preferred option for online shopping, where customers on buying for a specific amount do not have to pay an additional shipping charge. Shipping of products for free is tempting to customers who recognize transparent pricing structures. This philosophy plays as an advantage for online retail businesses.
Free shipment of items for understanding plays a very decisive and momentous role in online retail business. It is a crucial factor for a customer to decide on whether or not to order from an online marketplace.
eCommerce is facing a challenge at hand that is to affordably manage to offer free shipping and balances out their expenses as well.
Offering to ship products at no cost is considered as one of the most effective marketing tool aiming at an equitable benefit to both the customer as well as the retailer. There can be multiple ways to create a stable customer base or brand image leading to a stable revenue generation for any online market store. Like Amazon has changed the game and offers different methods of shipping. It offers free shipping, customized shipping, pickup and so on. Amazon has set the trend for other market places to follow.
These are some various ways to offer free shipping to the customers and still manage to earn the profit:
All the factors are interconnected and play a vital role both for the customer who is buying and the retailer who is selling. It is important for the retailer to know how to manage this cost in his business. The best way, however, is to merge operational and delivery costs at the time of including any product on portfolio and manage up-selling and cross-selling within this domain.
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HI Praveen,
Almost all new E-Commerce company gives free shipping which includes the product price. When visitor read free shipping there is 75% chances of visitor can buy product from new E Commerce Website. Thank you sharing this nice blog.
I have online books store
So,please tell me how to shipping the product at very less amount .
Hi Manish,
What platform have you used for your online bookstore development?
Kindly let us know so we can assist you accordingly.
Thanks
Praveen