Adding FBM Shipping Rates in SellerMagnet

119 sellermagnet adding fbm shipping rates tutorial

Adding FBM Shipping Rates in SellerMagnet - Tutorial

By Unknown | 5 min read

Adding FBM shipping rates in SellerMagnet is a crucial step for ensuring accurate profit calculations. FBM (Fulfilled by Merchant) shipping rates are the costs you pay to your shipping provider for sending a package. These costs directly impact your profit margin, making it essential to record them accurately. Note that this only applies to FBM orders, as FBA orders (Fulfilled by Amazon) have shipping costs calculated directly by Amazon.

Why are Shipping Rates Important?

Shipping rates allow you to set different shipping costs for various countries or package sizes. For example, a package within Germany might cost €4, while shipping to France could cost €10. You can create two separate shipping rates for each destination to ensure that costs are calculated correctly based on the destination.

1. Add New Shipping Rates

To add a new shipping rate, navigate to the settings section and click on 'Shipping Rates'. Here, you will see an overview of your existing rates and can add a new rate by clicking 'New Route'.

2. Create a New Shipping Rate

When you click 'New Route', a popup window opens where you can enter the details for your new shipping rate. Here’s an explanation of each field:

Shipping Rate Name: Enter a name for the rate, e.g., 'DHL Germany' or 'Shipping to France'.
Currency: Select the currency for the shipping costs, e.g., Euro (€ - EUR).
Country: Choose the country to which this shipping rate applies.
Net Cost: Enter the net cost per unit for shipping to the selected country.

3. Create Different Shipping Rates for Various Package Sizes and Countries

You can create multiple shipping rates for different package sizes and countries to cover all your shipping needs. For example, you can create one rate for small packages and another for large ones or set specific rates for each country to which you ship.

Assigning Shipping Rates to Products

For shipping rates to be applied in orders, you need to assign the created rates to specific products. To do this, navigate to the Products tab at https://dashboard.sellermagnet.com/products. Select the product you want to set the shipping rate for and click on the three dots to the right. Then, choose 'Select Shipping Rate'.

4. Select a Shipping Rate

In the next step, you can assign one of the created shipping rates to the selected product. Once assigned, this rate will automatically be applied to future orders for this product, ensuring accurate profit calculations.

Conclusion

Adding FBM shipping rates in SellerMagnet is an important step for precise profit calculation and cost control. By setting up shipping rates, you ensure that your shipping costs are recorded accurately based on destination and package size, helping you better understand profitability and make informed decisions for your business.

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