Choosing The Right Shipping Partner & Strategy for Your Online Store - PowerPoint PPT Presentation

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Choosing The Right Shipping Partner & Strategy for Your Online Store

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5 attributes you should look for in an ideal shipping partner and 3 shipping strategies that can transform your ecommerce business from average to an industry leader. – PowerPoint PPT presentation

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Title: Choosing The Right Shipping Partner & Strategy for Your Online Store


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Choosing The Right Shipping Partner Strategy
for Your Online Store
There are certain factors which determine
the success of an E-commerce business. Apart
from the quality of products an online store is
offering and the amount of advertising it is
doing, a significant aspect that wins customers
is the Shipping of the products. In an
e-commerce business, the customer is virtually
dealing with the seller. He chooses the product
online and buys the same only through a few
clicks. In spite of the effortless process, the
customer is satisfied only when the product
reaches him physically.
It is not enough that the product reaches the
customer, but it should be in its best condition
and must reach the customer at the earliest.
This is one of the things an online buyer is
concerned about. If there is anything a
buyer cares
about after the quality and cost of the product,
its the shipping of the product.
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  • Therefore, to provide a great shopping
    experience to its buyers and grow its
    business, an ecommerce business must focus
    on the shipping strategy of the firm.
  • Attributes of An Ideal Shipping Partner
  • To follow a seamless shipping strategy, you
    will require the right shipping partner.
    Here are some aspects of a shipping
    partner that should help you determine the
    right partner for you.
  • Service and Accountability
  • The first and foremost thing to look at
    is the category of service your carrier
    partner is offering. When a shipping company is
    tying up with an e-commerce business, they
    should be very transparent about the time period
    they need to deliver the parcel(s).Today
    shouldnt be or tomorrow in any case. In
    the competitive ecommerce market, you must be at
    a position to inform your buyer at every step
    about the whereabouts of their product and
    the exact day and time when the shipment is
    reaching the buyer. You can only do so when your
    carrier company is accountable to you at every
    step. As a thumbrule go ahead with the leading
    courier and shipping companies in your country.
    For example for US it might be FedEx or UPS, for
    UK it might be Royal Mail, for Australia it might
    be Australia Post or Star Track Shipping.
  • Delivery Rates
  • For any business, it holds very crucial to
    manage cost. While tying up with a carrier
    partner, you must compare the rates with the
    industry standards. Since the shipping
    industry is full of unpredicted
    liabilities and accidents, your business
    should be fully equipped with the knowledge
    of insurance regarding the products you trust
    your shipping partner with. All the extra
    charges and surcharges should also be made clear
    beforehand to avoid any conflicts later. To
    ensure that all your shipping rates are
    updated live on your online store, you

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  • support_at_biztechconsultancy.com
  • might consider using your shipping partners
    API to display live rates. For example
    Australia Post Shipping provides live
    rates for its freight charges through its
    API.
  • Location
  • The success of an e-commerce business is as vast
    as the area it covers. The more geographical
    corners you can touch the more you grow. This
    factor is also to be considered while
    choosing a shipping partner. The
    company should be transparent about the areas
    they cover and the quality of service they
    provide in certain areas. Whether they function
    only locally, inter-state, or international, is
    surely a concern for your business. Compare
    the service days various service providers
    are offering and go for the most promising one.
  • Flexibility
  • Its very important for a shipping company to be
    flexible with its services. Since the work is
    to move shipments beyond boundaries, there
    are bound to be uncertain occurrences which
    might delay the delivery. Its the responsiveness
    of the carrier company that matters then. Do
    question whether they have other options, like to
    send it through other services so that your
    customer is not kept waiting.
  • Updated Technology
  • Nothing sells without technology today. Since the
    very base of your business is technology, the
    partners who are facilitating the growth of your
    business to a considerable level, should
    also be technologically updated. Your
    shipping partner must have up to date shipping
    technologies and an ability to integrate with
    other companies to complete the task in case
    their services are interrupted for some reason.

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  • Effective Shipping Strategy
  • Shipping is an undoubtedly a critical
    aspect for your ecommerce business. It
    directly influences customers experiences
    and therefore makes or breaks the reputation of
    your business. Therefore, it becomes really
    important to adopt a proper shipping strategy for
    your online store. Here are some crucial points
    to keep in mind to enhance your stores
    sales through an effective shipping strategy
  • Free Shipping
  • When it comes to online shopping, additional
    shipping costs were found to be the primary
    reason for abandonment of shopping carts. Free
    shipping definitely acts as a consumer driver. If
    providing free shipping is keeping your sales at
    loss, you can try distributing the shipping costs
    evenly among the products. The buyer wont feel
    the burden of that extra cost then. It
    hence enhances your sales without affecting
    your revenue accounts.
  • Cash on Delivery
  • Cash on delivery of a product is the most
    popular thing about e-commerce businesses
    these days. People love to shop when they are
    certain that they are not spending a penny before
    they get to hold their product. You will need to
    tie up with your carrier partner for this
    service but its definitely worth it. Most
    people are now looking for Cash on delivery as
    one of the factors while buying any product
    online. If your carrier partner is an expert
    at this, there is less at stake and a lot to win
    back.
  • Same or Specific Day Shipping
  • Now when the seller is alluring customers with
    new and different facilities, one of the latest
    happens to be same day delivery. Now a customer
    doesnt have to wait for days to receive
    their product. This surely makes online
    shopping

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better for them. You can charge some extra
bucks for that but demand transparency from
your carrier partner about the places/ cities
where they can provide these services hassle
free. You can also provide specific day
delivery to lure customers who might want
to gift to their acquaintances on special
days. Conclusion Shipping is an integral part of
any e-commerce business that deals in selling of
physical products. It might break or make your
companys branding. A customer will stay and come
back when they know that their products will be
delivered in its best form. One messed up
transaction might lead your business to lose that
customer forever. A well formed shipping
strategy does not only satisfy your existing
customers but helps in boosting your sales to a
significant level.
  • Resources
  • https//store.biztechconsultancy.com/blog/shipping
    -partner-strategy- online-store/
  • Reference
  • https//store.biztechconsultancy.com/magento-start
    rack-shipping.htm
  • https//store.biztechconsultancy.com/magento-austr
    alia-post-extension.htm
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