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Glossary

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RFR stands for Required Freight Rate. It is the minimum charge the owner has to charge for a shipment from the sender to break even.

Related Glossaries

Kitting

Kitting refers to compiling separate but related products in a ready-to-ship kit. This saves a lot of time, and cost for the sellers and streamlines order fulfillment. For example, when a customer orders a computer, he may also order a mouse, hard disk, headphones, etc. In such cases, all these products are shipped in a single piece rather than shipping them separately.

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Cart Conversion Rate

The success of a business is determined by your cart conversion rate. It is the percentage of carts that end up as a purchase. It is measured by dividing the number of successful orders by the total number of shopping carts opened by potential buyers

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Sessions

A website session refers to a series of interactions or activities that a user engages in on a website within a single, continuous period of time.

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Shipping Insurance

Shipping insurance is the service that saves the goods of eCommerce sellers against damaged, lost, or stolen packages. If the shipper has insured his shipment he can get the declared value in case of any of the default situations.

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