Glossary

Become an ecommerce shipping and checkout expert with our comprehensive library of must know terms

The shipping charges or total shipping cost comprises of the following components - freight cost (extra charges for RTO could be added under this head), cod collection charges, fuel surcahrges any other additional fee (this varies from courier to courier and can increase detrimentally on case hidden charges or costs are added)and GST (18% according to previaling norms)

Related Glossaries

Checkout

The final stage in a customer's online purchasing process is the checkout. Consumers have to provide shipping information as well as select the methods of payment availaible on the website. The simplicity of your online store checkout procedure will also affect your website conversion rate.



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.



Fuel Surcharge

Fuel Surcharge is an extra fee levied on top of freight charges to account for variablility in fuel prices. Fuel surcharges could be fixed percentage value or a markup on indexed fuel rates - either prevailing petrol/diesle rates or international crude oil prices.



Express Shipping

Express or expedited shipping is a mode of eCommerce shipping that is faster than standard shipping. Although there is no specific timeframe to define expedited shipping as it depends on the location and the carrier. It is used for priority shipping by the customers and comes with some extra fees and can be same day, next day or two day delivery.



Chart a course for sustainable business growth

Get started