The direct total cost incurred between picking the package from a shelf in your store or warehouse till the drop at your customer’s doorstep is termed as shipping cost of the package. These costs include:
Cost of packaging (boxes, stickers, labels, and tapes)
Cost of labour (pack, pick, dispatch)
Courier charges (collection and delivery)
Export/Import fee (applicable only for overseas shipments)
How Does It Differ For Global Shipments?
Apart from the former mentioned cost factors, the prime factor in global estonia phone number list shipping is landed cost. Landed cost includes a sum of the following cost factors:
Purchase cost
Transportation fee
Duties and taxes
Currency Conversions
Landed costs always fluctuate, since the tariff varies depending on the country of export. In some countries, there are rigid security measures that delay the delivery process. A thorough knowledge of border policies are essential during such deliveries. In most cases, the import fee is taken up by the buyer, but sometimes the seller and buyer come to a mutual agreement to split the fare.
Information Needed To Calculate Shipping Costs
Irrespective of whether you are a new or experienced seller shipping your product cross-borders, regularly running a shipping cost comparison ensures you are offering your customers the best deal without incurring any extra losses. To do this, you’ll need information regarding your courier for an accurate shipping cost calculation.