Shipping cost adjustments modify the shipping price of method by a percentage and/or a fixed amount.
The percentage adjustment is based on the shipping price and not on the product total price.
Example:
The shipping price for UPS Ground is $10.
- You add a mark-up of 10%, the shipping price will be $10 + ($10 x .1) = $11
- You add a mark-down of -10%, the shipping price will be $10 - ($10 x .1) = $9
- You add a mark-up for 10% and a fixed amount of $2, the shipping price will be $10 + ($10 x .1) + $2 = $13
- You add a mark-up of 200%, the shipping price will be $10 + ($10 x 2) = $30
Adjust for inaccurate rates
Let's say you are trying to charge the same amount that your 3rd Party Vendor charges for their shipping, but you don't have access to their negotiated rate credentials. You notice that the amount they are charging for UPS Ground is always a certain amount lower then what you are charging your customers, and you want to get them more accurate.
You can use the mark-down percentage of -5% to adjust the rates down.
You can make these adjustments per method. So if the Ground method for the vendor is accurate, but they get a discount on 2-Day shipments, then you can just add a mark-down to your UPS Second Day methods.
Adjust for currency
Carrier rates are returned in USD.
Our app adds up and returns rates in your shop's native currency.
If your shop's checkout uses a non-USD currency, then you will need to add a mark-up or mark-down to adjust the rate from the carrier into a value that matches your native currency.
Example 1: USD is stronger then your native currency
The carrier rate is $10
The current exchange rate for USD to CHINESE YUAN is 1 to 6.75.
Add a mark-up of 575%, 10 + ( 10 x 5.75 ) = 67.50
Example 2: USD is weaker then your native currency
The carrier rate is $10
The current exchange rate for USD to EURO is 1 to 0.86.
Add a mark-down of -14%, 10 - ( 10 x .14 ) = 8.60