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How to Determine How Much Your Business Should Charge for Shipping

Ecommerce businesses are experiencing greater and greater competition with each passing year. In order to stay ahead of their competitors, small businesses need to offer unbeatable shipping rates. However, as a business owner, you should not blindly set a standard shipping price. If your shipping costs are too low, your business could experience significant losses. And if they are too high, you could turn away potential customers. By properly calculating shipping costs, you can protect your bottom line and offer fee transparency to your customers, encouraging their loyalty and potentially giving them the freedom to choose from a variety of shipping methods.

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