Shipping Costs

How to Capture Accurate Shipping Costs?

Shipping products with charges like shipping label fees included can affect profit margins. Bloom considers all costs that fall under shipping to perform accurate profit analysis. Insights from this can be used to set competitive shipping charges, including free shipping, an important factor customers consider during purchase.

Steps to Capture Shipping Costs in Bloom:

1. Navigate to Shipping Settings:

• Go to the Cost Settings > Shipping.

2. Create a Shipping Rule:

On the Shipping page, click Create Shipping Rule to define how shipping costs should be applied to your orders. Bloom provides three options to add shipping costs based on your country and shipping mode (if any):

• Fixed Price on All Orders: Apply a flat shipping rate to all orders, regardless of weight or quantity. Enter the fixed shipping cost in the provided field and click save to apply the rule.

• Price Based on Order Weight: Define shipping rates based on the weight of the order. You can set minimum and maximum weight ranges with corresponding shipping rates. You can add multiple weight ranges to cover different products.

• Price Based on Quantity: Set shipping rates based on the number of items in the order. Define unit ranges (e.g., 1-10 items, 11-20 items) and the respective shipping rates for those quantities. Additional quantity ranges can be added as needed.

3. Recalculate Shipping Rules:

Once the shipping rule is set up according to your preferred method, follow these steps to integrate the shipping cost into your profit calculations:

• Click on the Recalculate Shipping Rule button located at the bottom right corner of the page.

• This action will trigger Bloom to recalculate the shipping costs and add them to the net profit calculation.

• Within a few minutes, the shipping cost will be included in your profit analysis, providing a more accurate calculation of your margins.

By accurately capturing shipping costs, Bloom enables you to improve your cost analysis and make informed decisions to optimize your shipping charges, which can ultimately help boost your profitability.