3
1 Rate Changes
Staying abreast of shipping expenses and rate changes is crucial, since these
costs directly impact consumer purchasing decisions, not to mention bottom
line profitability. Annual increases, the infamous residential surcharge, complex
formulas for dimensional (DIM) weight charges, add additional costs for priority
deliveries and more. For shipping vendors and policies, one size does not fit all.
With the right shipping software tools, retailers can rate shop for services,
including ground services with next-day delivery—at a much lower cost. Retailers
can also manage how or if they choose to pass on all or part of the shipping cost.
What's more, businesses are analyzing how to leverage parcel shipping rates,
including predictive shipping analytics that monitor shipping costs and operations.
Today, consumers choose when and by what method
orders are delivered; e-tailers are charged with meeting
cost expectations and providing shipping options.
Source: A.T. Kearney
Standard
Expedited
Priority
OF ALL
RETAILERS
OFFER SHIPPING
OPTIONS
71
%
OF RETAILERS
AGREE THAT ADDING
ADDITIONAL SHIPPING
OPTIONS INCREASES
SALES
86
%
