As a Magento 2 store owner or admin, you must have detailed knowledge about Magento 2 shipping settings. Due to the high competition, configuring the settings correctly can help you gain competitive advantage and improve your Magento store’s sales. If you are worried about your store’s sales, then we recommend that you refer to our article on how to utilise AI to boost your Magento sales.
Coming back to our original topic, Magento 2 shipping settings offer various options. One is the table rates shipping method where the shipment cost is based on different variables. In other words, the shipment cost is not fixed but subject to change according to the variables such as weight, dimensions, shape, and more. This offers greater flexibility to customers and store owners.
For more information, refer to our detailed guide on how to set up table rates shipping method in Magento 2. The other option is to set up a flat rate shipping method. In this method, a uniform price is charged regardless of the item’s dimensions as long as they don’t exceed a certain limit. In this tutorial, we will see how to configure flat rate shipping method in Magento 2.
This shipping method is much simpler compared to other method. Customers know that they must pay a specific fee regardless of the product weight or package dimensions.
From a business perspective, store owners can easily assess the money they must spend on shipping. This makes financial management easier.
Store owners can display the shipping costs along and the product price together. Since customers know the full price upfront, they are less likely to abandon the cart. In comparison, when shipping costs are displayed at the end as in table rate shipping, cart abandonment rate is high since the total cost may exceed the user’s budget.
There’s less risk of making errors when calculating the shipping rates since the rate is fixed regardless of the variables.
The number one drawback of this shipping method is that customers may overpay for smaller items for whom the actual shipping rate is low. The customers may perceive it as unfair. This can lead to a negative user experience and customers will be hesitant to engage in a repeat purchase.
Another drawback is that this method is inflexible as it fails to account for different weights, dimensions, and other variables. This makes it unfeasible for businesses that sell customisable products.
Let’s elaborate these options one by one.
In some cases, store admins may want to create multiple flat rate shipping restrictions. In that case, you’ll need a third-party extension. Using our Magento 2 Shipping Restrictions Extension, you can easily restrict shipping options based on various variables, including specific days, time, customer groups, store views, and more. After creating the restrictions, the user can set the priority for each.
Also check our ready-made solution to add in your store.
In conclusion, configuring flat rate shipping method is important if you charge a uniform shipping amount. This payment method, however, does not suit most stores as well as customers because different stores sell items of different dimensions and ship them to different locations, hence they should be charged accordingly.
Got Questions? If you have any issue in configuring Flat Rate Shipping Method in Magento 2, you can contact our support team by submitting a ticket here.
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