EdgeTariff

Edge’s Combined Trading Platform (CTP) is a business support tool that is designed for businesses that trade nationally or internationally in physical goods. EdgeCTP provides a fully integrated CRM; Stock Control; Invoicing; Shipping Documents; Sales and Purchase Workflows; Connections (to various systems) and a Total Landed Cost calculator, all in a single cloud application. 

EdgeTariff, a part of EdgeCTP, provides eCommerce businesses with a landed cost calculator, which enables overseas buyers to know the cost of the goods, shipping and duties & taxes BEFORE they make an informed purchasing decision.  The benefit to merchants of installing EdgeTariff in your Adobe Commerce (Magento 2) store is that international orders can be processed on a DDP (Delivery & Duty Paid) basis, which makes international trade as simple as domestic trading.

What the Extension Does for the Customer:

EdgeTariff is an essential tool for eCommerce businesses involved in international trade. It simplifies the complexities of cross-border sales by providing international buyers with complete transparency over the total cost of their purchase, including product costs, shipping, duties, and taxes. This ensures customers can make informed purchasing decisions and avoid any duty and tax surprises AFTER making the purchase. For merchants, EdgeTariff automates the process of calculating and displaying duty and tax costs on the checkout, which enhances the customer experience and eliminates buyer’s remorse.

How It Works: 

Upon installation, EdgeTariff seamlessly integrates into your store. To get started, the first step is to ensure that all your products (the ones you intend to sell internationally) have been Product Pre-Classificated (PPC).  The PPC process ensures that each product is assigned the correct Harmonized System (HS) code, based on the purpose of the product and material used in its construction. Assigning a HS code to a product you intend to sell to overseas buyers is critical for determining the correct duties and taxes to clear international customs.

Once the PPC is completed, EdgeTariff allows you to specify the appropriate international Shipping Methods, which are based on your carriers (e.g., FedEx) and configurable to the products being consigned to specific destination countries.  Having live, accurate shipping rates from the carrier, is vital for real-time landed cost calculations because it include cost of the goods, shipping, and duties & taxes on the checkout total.

Additionally, if you offer product bundles in your store, you can use the EdgeTariff bundles process to pre-specify the compositions of the bundles. This enables you to manage and update your bundles easily while ensuring all necessary shipping methods and duty & taxes are calculated correctly for bundled products too. 

Features

EdgeTariff, a part of EdgeCTP, provides eCommerce businesses with a landed cost calculator, which enables overseas buyers to know the cost of the goods, shipping and duties & taxes BEFORE they make an informed purchasing decision. The benefits of installing EdgeTariff in your Adobe Commerce (Magento 2) store is that international orders are processed on a DDP (Delivery & Duty Paid) basis, which makes international trade as simple as domestic trading.

No Nonsense Services – Keeping It Sweet & Simple (KISS)

With EdgeTariff, rather than find ways to interject ourselves into the way you run your business (and charge more), we’ve kept things minimal and simple, so you’re free to run your overseas business the way you want. However, you still get key international trade services that are designed to FIRST add value and then charge little. Our top five services include:

• Product Pre-Classification (PPC), categories your product(s) into Harmonized System codes (HS6 and above), so that international customs authorities can recognise your product(s) to apply the correct duties & taxes. Rather than give you “guesstimates” using GIGO (Garbage In, Garbage Out) Artificial Intelligence (AI) tools, we have human licensed customs brokers to provide class-leading classifications of your products at both universal HS 6-digit and country specific 10-digits or more levels. This results in you getting the most accurate duty & tax calculations, bar none!
• Expected Duties & Taxes (EDT), shows to the overseas buyers, on the checkout, the cost of the goods; shipping costs and expected duties & taxes, i.e., the total landed cost, and in the buyer’s currency too. The buyers can then make an informed choice when buying your goods because EDT removes any post-purchase price shocks, buyer’s remorse, and encourages re-purchases increased customer loyalty and more sales. You, as the store owner, simply collect the cost of the goods, shipping, duties and taxes from the buyer at the checkout. Your logistics carrier then ships the goods as DDP, paying for and performing all your customs on your behalf. Later, you just pay the carrier the cost of the shipping and duties & taxes (and any advancement fees). That’s it simple. 
• Restricted Party Screening (RPS), allows you (as the seller) to screen your customer for any international trade compliance issues BEFORE you send the goods. In an increasingly uncertain world, RPS gives you compliance peace-of-mind that you’re dealing with approved people.
• Customized Bundled Products (CBP), allows you (the Ecommerce store owner) to create personalized product bundles, by grouping similar or different products into a single bundle, with a competitive price than if purchased individually. Additionally, EdgeTariff gives your buyers to self-select bundled products as part of their buying process, with the associated discounts. In both cases, EdgeTariff calculates the correct duties & taxes on the check for the total landed cost to the buyer. 
• Multi-Destination Shipping (MDS), allows your buyer (on your Ecommerce store) to send goods to multiple destination address (globally) from one checkout. Ideally for when the buyer is shipping gifts or hamper baskets (bundled products) during the holiday season. For example, a local US buyer can purchase several products from your online store, and in one checkout, specify shipping of certain product(s) quantities to multiple overseas destination country addresses. EdgeTariff will automatically show the total landed cost (including shipping, duties and taxes) to each of the destination countries and capture everything on one payment from the buyer. This MDS convenience means that buyers don’t have to repeatedly check-out (one per destination address) and therefore, are encouraged to conveniently buy more.
• Product Shipping Methods (PSM), allows you, as the store owner, to pre-define how products will be packaged (transport packaging) and by which shipping method and/or own shipping rate. This means more accurate shipping charges are obtained and shown on the buyer’s checkout (before they purchase the goods), which in turn means more accurate duties and taxes calculations. 
• Shipping & Fulfilment Freedom, rather than get involved in the whole order fulfilment and custom-made shipping label generation, EdgeTariff lets you process your buyer’s orders in the way that suits you best, e.g., using your favorite fulfilment software; choosing the best/cost-effective shipping service; adjusting shipping charges to cover carrier advancement fees etc. Keeping It Sweet and Simple (KISS)! 

What Changes Will Affect UI/UX

EdgeTariff introduces two new customized fields during product creation: Harmonized System (HS6) and Country of Origin. These fields are essential for calculating and showing overseas buyers the expected duties and taxes on the checkout page. 

As a result, a new section has been added to the Checkout Page to display the total landed cost, which includes the cost of goods, shipping, and duties & taxes.  The values in this section will appear when the overseas buyer’s lands on the checkout page, where the total landed cost is also shown in the buyer's local currency, providing clarity and enhancing the user experience (i.e., make a better buying decision).

Finally, the merchant’s admin dashboard will show detailed information about duties, taxes, and shipping charges for each order, allowing you (as the merchant) to easily track and manage international transactions.

Informing the Merchant if any Customizations can be Made

Merchants can easily customize/self-configure various aspects of checkout values shown relating to international shipping and duties & taxes through the EdgeTariff configuration options/settings. If the merchant makes any customizations (i.e., changing shipping methods; transport packaging types; local currency; free shipping; pre-defining bundled products etc.) then their impact can be immediately seen on the checkout. Additionally, merchants can self-configure specific interface connections to various shipping providers and fulfilment systems.

Account & Pricing

To use EdgeTariff with Adobe Commerce (Magento 2), a separate service account is required. The account is not created during extension installation. To create an account, please visit the sign-up page. The pricing for EdgeTariff is as follows: 

• $99/mo EdgeTariff fee. 
• $0.75c per placed order following landed cost calculation (no charge for abandoned carts nor % of cart value).
• $0.07c for successful restricted party screening. 
• $3/$1.50 per product pre-classification (usually one time in the life of the product).