Did you miss us?
How have you been, dear friend?
It's been some time since we haven't shown up in your inboxes every month.?Well, we have been up to something...
We have been working tirelessly to make ShippingChimp even better for you.
We have worked on the prices, we have expanded our warehouse network and added carriers and made our AI even more powerful.??
Also, you may have noticed that our newsletters have a new home. We like it better ??. We request you to kindly mark our emails as 'safe' so that we don't end up in your spam folder and you miss out on every significant news piece.?
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So, what happened recently in eCommerce? Let's dive right in.?
1. The Return Fee Fiasco
?Amazon is going to charge you for some specific returns. Hint - It's related to UPS stores.
2. Dynamic pricing @parcel shipping
Imagine a world where your parcel shipping prices will adjust dynamically based on supply and demand. FedEx and UPS are already doing it.?
3. Soda Cans + Fragile cookies = New packaging?
Did the pandemic push business owners to rethink their packaging? Yes, oh yes, it did. See what's cool now.
4. Make way for Chinese Pinduoduo
Pinduoduo is a Chinese eCommerce giant that has entered the Canadian market. Products will be arriving straight from China. What will be the rates, you wonder? Think phone charger cord for $2.88. Yep.
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5. $1.5bn investment by Loblaw
Loblaw is a food and pharmacy retailer that wishes to create more than 6000 new jobs in Canada. What more will this investment bring?
Now, some news from us
?This month, we have -
1. An amazing blog?post?on Canadian Shipping Companies.
2. We asked ChatGPT a bunch of?questions?on Logistics.
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Learning Centre
?Delivery Duty Paid vs Delivery Duty Unpaid (DDP vs DDU)
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DDP?- When the seller is responsible for paying all the duties associated with a shipment.?
?DDU?- When the receiver is contacted by the customs office when the shipment arrives.
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Do you know which one is more common for eCommerce businesses? Know?here.
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Tip of the Month
?When buying shipping insurance,?avoid?buying in bulk!
Carriers like FedEx and UPS provide basic coverage of CAD 100 on the declared value of all shipments after considering their terms of service, which includes the condition of professional packaging.?
So, instead of accepting coverage on the declared value of shipments choose shipping insurance based on a carrier’s shipping rates. For example, the rates of international shipping services are CAD 0.99 for the first CAD 100 of the shipment’s declared value.?