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Monthly Archive: July 2017

Should You Offer Free Shipping On Your Products Or Charge Extra?

Delivery guy holding package while woman is signing documents

If you’re opening an online store, there are a number of things you’ll have to consider. What kinds of products do you want to sell? How are you going to be pricing your products? Do you want to charge for shipping, or offer free shipping on items?

Shipping costs when importing or exporting are something that many online store owners struggle with. Free shipping can be a great way to encourage customers to make a purchase. However, if you want to offer free shipping, you’re going to have to raise the price of the products you’re selling.

Here’s what you should consider if you’re trying to decide what to do about shipping.

Both Free Shipping And Low Prices Can Drive Sales

When people shop online, they often look for the best bargains. If your store has lower prices than its competitors, you’ll be able to attract a lot of business. However, high shipping prices can scare people away from a store. A lot of people add items to their cart, but don’t wind up purchasing the items after they see the shipping rates.

Both free shipping and lower prices have the potential to increase your overall sales. You’ll have to think about which of these two options would benefit you more.

Free Shipping Makes Things Easier

A lot of people prefer to know what they’re paying up front. Adding shipping costs into the prices of your items can make things a lot easier for potential customers. Your customers won’t have to do any math; they’ll already know what they are going to have to pay.

Low Prices Can Increase Customer Satisfaction

People will judge a product more harshly if they pay a high price for it. Your customers are more likely to be satisfied with the products you sell if you charge less for them. Low prices could lead to happier customers and better reviews.

Consider A Compromise

If you want the benefits of free shipping, but would prefer not to raise your prices, you may want to come up with a compromise. You could try offering free shipping to customers that spend a certain amount of money. For example, you could offer free shipping as a reward for customers that spend $100 or more.

If you have limits on free shipping, you should be able to avoid raising your prices. In addition to that, offering these kinds of incentives can encourage people to spend more money in your store. Someone that would have spent $75 may spend another $25 so that they can enjoy free shipping.

A lot of stores use a compromise like this one. It’s a great solution for a store owner that wants to experience the benefits of free shipping and affordable prices.

It can be difficult to decide how to run your online store. Every decision that you make is going to have an impact on your store’s success. Thankfully, some decisions aren’t all that difficult to make. If you understand the benefits and drawbacks of free shipping, you’ll be able to decide what you should do.

Why Industrial Air Compressor Rental is a Great Business Model

The image of a movable compressor under the white background

If you’re struggling to come up with effective ideas, you should look more closely at industrial air compressor rentals. Renting out an air compressor to people may not seem like that impressive of a business model, but it’s definitely a profitable idea. Here are some of the benefits compressor rentals can offer you.

You’ll Be Able To Earn A Profit Right Away

If you choose to rent out industrial air compressors, it won’t take long for you to earn back everything you spent. There are affordable air compressors on the market, and the demand for air compressors is quite high.

Because you’ll be able to recoup your expenses quickly, you’ll be able to grow and build your business. You’ll be able to purchase more compressors so that you can rent out equipment to a higher number of people. Your business will grow at an extremely rapid pace.

Air Compressors Are Durable And Require Minimal Maintenance

Once you purchase your air compressor, you’ll be able to keep renting it out to customers for as long as you need to. Air compressors are quite durable, especially when you buy one that meets industrial strength standards. In addition to that, they require very little maintenance.

The compressor that you buy should hold its value very well. Even if it sees a lot of use, it should remain in excellent condition. That means you’ll be able to keep on renting it to customers for years. A business model like this will leave you poised for success.

Industrial Air Compressors Are Easy To Use

If you’re going to be renting out equipment, you’ll want to make sure that the learning curve for that equipment isn’t too steep. If people are struggling to use the equipment you’ve rented to them, you may run into some problems.

Thankfully, air compressors are designed to be easy to use. There are a few models on the market that are very user friendly. If you start renting compressors out to various customers, you’ll be able to earn plenty of money and give them something that they can use.

There Are Many Types Of Air Tools

There are all kinds of different air tools that can be used alongside a compressor. They can be used with spray guns, air hammers, ratchets, and so much more. Because these machines are extremely versatile, there are a lot of people that will be interested in using them.

This isn’t a machine with a single use; it’s a piece of equipment that can be used in many different ways. Equipment like this is easy to rent out. If you’re planning on renting out equipment as part of your business model, this is something you will want to have.

It’s clear that industrial air compressor rentals are a great model for any business. If you’re interested in starting your own business, and are trying to determine what you would like to rent out, you should look into purchasing a piece of equipment like this. This is a business model that will lead you to success.