Are You Charging Too Much for Shipping?

May 6, 2013
One of your primary concerns, as a business owner, should be, “How much should I charge for shipping?” If your shipping charge is too much, you can price yourself out of sales. But if you undercharge, you can end up with less profit than you anticipated. Unless you learn some tricks and tips that can tip the scales in your favor, deciding what to charge for shipping can be a serious challenge. Shipping costs, Fishbowl Inventory BlogBut it doesn’t have to be that difficult. In fact, there are really two standard shipping options: calculated shipping and flat-rate shipping. As explained below, each shipping option has certain merits.

Calculated Shipping

One of the first steps in the process of determining shipping costs is: Use calculations. You should carefully measure and weigh items before you list them. Another tip is to always round the figure up, if needed. Also, be mindful of the shipping rate of each shipping carrier. Whether you will be shipping via UPS, USPS, FedEx, or another method, the shipping charges will likely be determined b