Actual shipping costs - "super-fuel" for your comparison shopping engines sales
Comparison shopping engines is a tricky sales channel. Get it right - sales are sky-high, otherwise customer acquisition costs are likely to ruin your profits.
Low total price is the simplest way to drive sales. First reputable seller with the lowest price gets 80% of leads.
Most of the retailers ship directly from manufacturers and have the same product wholesale price, thus lower and more accurate shipping cost becomes a competitive advantage.
My firsthand experience - sales of managed stores went up 10 times to $100K a month after we recalculated shipping costs for each of the SKUs and adjusted our sales prices to reflect savings. There was no magic - you can do it yourself or hire my team to help:
Low total price is the simplest way to drive sales. First reputable seller with the lowest price gets 80% of leads.
Most of the retailers ship directly from manufacturers and have the same product wholesale price, thus lower and more accurate shipping cost becomes a competitive advantage.
My firsthand experience - sales of managed stores went up 10 times to $100K a month after we recalculated shipping costs for each of the SKUs and adjusted our sales prices to reflect savings. There was no magic - you can do it yourself or hire my team to help:
- Negotiate volume based discounts with the shippers to get lowest possible shipping cost
- Identify best shipping methods for each product category (parcel, LTL, White Glove)
- Convert vendors to ship on your account
- Recalculate your expected shipping cost for each of the products (we have a script to update your entire catalogue in just few days)
- Re-price your top-sellers and other key products to find lowest possible selling price yet providing you with enough margin
Labels: dropship, increase sales, online retail, price comparison engines, shipping cost recalculation, shipping cost reduction, shopping comparison engines
posted by Maxim Mironov at
1:40 PM
9 Comments:
This comment has been removed by the author.
This comment has been removed by the author.
This comment has been removed by the author.
Thank you for providing such a valuable information for us. It was really helpful.
eCommerce Website Development Company
Nice post!! Thanks for sharing.
Dermology anti aging Serum
dermology anti aging cream
Dermology
dermology hair removal cream
dermology hair removal cream
dermology hair removal cream
dermology cellulite reduction cream
Xtreme No
Xtremeno
hgh energizer
mantap nich Teknik Dasar SEO E-Commerce, tidak mengherankan bila terjadi peningkatan traffic website. hahahaha #ikutseo
Efforts to address how to increase online sales [Cara Meningkatkan Penjualan Online] are more urgent for Walmart. The company announced in October that it planned to slow down new store openings in the next two years to focus on eCommerce and foreign operations.
Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can't help but wonder, what about the other side? !!!!!!THANKS!!!!!! Magento 2 shipping suite
Merely a smiling visitant here to share the love (:, btw outstanding style. magento advanced reports
Post a Comment
Subscribe to Post Comments [Atom]
<< Home