WHAT IS LANDED COST? MEANING, FORMULA
& CALCULATION
WHAT IS “LANDED COST” AND WHY IS IT SO IMPORTANT TO YOUR E-COMMERCE BUSINESS’ BOTTOM LINE? FIND OUT WITH OUR EXCLUSIVE GUIDE – INCLUDING AN EASY-TO-USE LANDED COST CALCULATOR. READ ON.
LANDED COST
WHAT YOUR E-COMMERCE BUSINESS NEEDS TO KNOW
WHAT IS LANDED COST?
Landed cost is the total cost of getting your product to a customer. And that means more than just shipping. It also includes the cost of manufacturing the product, duties and taxes, and storage fees – to name just a few!
DHL's landed cost calculator has you covered! Click here for a simple and quick estimation of your business' landed cost.
WHY IS IT IMPORTANT TO KNOW LANDED COST?
You can’t run a business without knowing your costs – otherwise, you risk running at a loss! Calculating your total landed cost will allow you to:
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Price your products correctly
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See where you can make savings, such as switching suppliers
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Give your customers a clear breakdown of costs at checkout – which helps to build trust between them and your brand
HOW DO I CALCULATE MY LANDED COST?
OTHER THINGS TO REMEMBER
Dealing with overseas customers/suppliers? Remember to use the right currency for your calculations otherwise you could be out of pocket!
Optimize your supply chain processes. There are always savings to be made. Start here.
