This article explains how to increase your earnings by adding a profit margin to your shipping prices. This feature seamlessly integrates with your Shopify and Etsy stores that are connected to Gelato.
Understanding Shipping Profit Margins
By incorporating a profit margin for shipping costs, you can increase the amount customers pay for shipping on each order placed through your Gelato store. This pricing strategy applies to both flat-rate and live-rate shipping methods.
For instance, if you set a shipping profit margin of 20% and the shipping cost (the amount Gelato charges you) for an order is €10, your customer will be charged €12 for shipping. This means you'll make a profit of €2 (20%).
Pricing Strategies
To optimize your product pricing, we recommend using our intuitive pricing tool, conveniently located on your dashboard's homepage.
For a detailed guide on setting up shipping profit margins, refer to our comprehensive article: Can I set a profit margin on my shipping price?