Below are a few examples of order economics with an assumed margin of 30% and sample wholesale product costs.
You'll see that the profit on an order shipped is often lower than the profit on an order made in store. This is due to the added shipping costs.
Luckily with Endless Aisles, you never touch the inventory or the risk associated with the inventory. Plus you collect customer payment before you are even invoiced by Phillips.
Many eCommerce retailers charge their customers for shipping if they do not meet a minimum basket size. The reason for this is that shipping rates do not vary to the same degree margin on orders do based on the basket size. This means that smaller baskets can often be unprofitable for the retailer to ship.
In Endless Aisles Special Ordering, a shipping fee of $5.95 will be added to orders—you can discount this from the order at your discretion. For our eCommerce plugin, you control what you charge customers for shipping. Read more about shipping rates here. Read more about seeing order profitability when using our Special Ordering app here.