Forum Moderators: buckworks
Each widget costs about $39-70...
Do you have any suggestions on cheaper shipping methods? I've seen too many people make it to the shipping section of the shopping cart and just bail.
Are you quoting exact shipping costs? Or, do you quote shipping cost plus a handling fee and adding in the cost of the box and other packing supplies? If so, are you rounding off, or listing an "odd" shipping price.
What I'm getting at is that if you say shipping is $20.00, people may think you're making your money on the shipping. If you say shipping is $19.81, then it looks more like an actual shipping estimate. Make sense?
Do you have any other way for people to estimate shipping cost without going through the checkout process? It may be that people are trying to get an idea of total price (perhaps for price comparison or later purchase) and can only do so by going through the checkout process.
A friend of ours has a particular piece of exercise equipment that weighs in at 30 lbs each but fits in a 10x10x6 box. (approx.) Using flat rate shipping boxes, she shipped us *6* of these boxes for a total of about $30, and Flat Rate is always priority. The post office told us if we used any other method it would have been several hundred dollars.
See if your product fits in a Flat Rate Box, this is what that service is for.
I have also used the USPS flat rate box in the past with great results. Too bad not every widget will fit them.
But we still saved probably about $250 or so. If there is a way that you can build the API to show real time shipping as they are checking out, you might be able to save the sale. Maybe try to do a comparison of another site (without giving the name of said site) and saying by using us, you are saving XX amount
-Corey
I agree with the replies above however I would bump up your cost to cover shipping and offer FREE SHIPPING. Those words are like cat nip to a consumer...it often puts them into a dreamy bliss that causes them to forget your original product price.
...but seriously try the free shiping option for a test run and I'm sure you will see your cart abandonment rate drop substantially.
In addition I suggest setting a minimum threshold for the shipping i/e: $25, $50 etc, this will also help increase your average ticket price and also contribute to growth.
If sales are flat experiment with this for 30 days then come back and give us a report.
- Jamie
It is hard to give you solid numbers without knowing your margins but I would recommend bumping the
$39 widgets up $15 to $54.99
$70 widgets up $15 to $84.99
Don't be afraid if you are in a competitive market. Do not underestimate the power of the FREE SHIPPING banner. It is intoxicating to consumers. Just make sure it is very visible when your prices are visible.
If your widgets are the type of product that would warrant someone buying 2 or more in order to get free shipping (like socks etc) then I would set your free shipping threshold at $90. This will increase your average ticket price. If customers are only likely to buy 1 (like a tv or dvd player) then I would stick with the Free shipping on the single item.
- Jamie