Customize Fee Structures with Magento 2 Extra Fee Extension

Increase Efficiency and Revenue with Mageleven’s Extra Fee Extension

The Extra Fee extension for Magento 2 caters to a range of critical needs for online merchants. It enables merchants to implement pricing strategies customized to their business requirements. By adding extra charges or fees based on specific criteria such as order value, product attributes, or customer segments, merchants can adapt pricing to suit their unique needs.

The extension facilitates the monetization of additional services offered by merchants. Whether it’s gift wrapping, expedited shipping, or extended warranties, merchants can now attach corresponding fees to these services, thereby generating additional revenue streams.

Magento 2 Extra Fee Extension allows merchants to add additional fee or charges to orders based on various criteria such as order subtotal, payment method, shipping method, product attributes or customer groups. This extension lets store owners implement different pricing strategies and monetize additional services or options.

Extra Fee extension enhances the flexibility and functionality of Magento 2 stores by enabling merchants to implement custom pricing rules and effectively manage additional charges for their products and services.

Adding various charges:

Flexibility: 

You can define a variety of fees, including a fixed amount, a percentage of the subtotal, or a combination of both. This allows you to charge for services like gift wrapping, expedited delivery, payment processing fees, or any other custom service you provide.

Conditional Fees: 

Set up rules to apply fees based on specific conditions. For example, gift wrapping charges may only apply if the customer selects the gift wrapping option at checkout. Similarly, you can add a minimum order fee if the cart total falls below a certain amount.

Transparency: 

Customers can clearly see all applicable charges before completing their purchase. This increases trust and avoids any surprises at checkout.

Improving Efficiency and Revenue:

Well Structured Fee Management: 

Easily configure and manage all your Extra Fee from one central location within your Magento 2 admin panel. This eliminates the need for manual calculations or adjustments.

Increase Average Order Value: 

By offering additional paid services, you can potentially increase your average order value by encouraging customers to add these services to their purchases.

Reduce Billing Costs: 

Some payment methods may incur processing fees. The extension allows you to add these charges to a customer’s order, potentially offsetting the costs associated with certain payment gateways.

Know the Reasons why merchants need Extra Fee Extension?

Custom Pricing: 

The extension allows merchants to implement custom pricing strategies by adding extra fee based on specific criteria such as order subtotal, product attributes, customer groups, or shipping methods.

Flexible Fee Configuration: 

With the Extra Fee extension, merchants have the flexibility to configure fees according to their business needs, whether it’s a fixed amount, a percentage of the order total, or custom calculations based on specific rules.

Incentivize or Discourage Certain Actions: 

Merchants can use extra fee to incentivize or discourage certain actions by customers, such as encouraging the use of preferred payment methods or shipping options or discouraging returns by implementing restocking fees.

Transparency and Clarity: 

The extension ensures transparency and clarity for customers by clearly displaying any extra fee during the checkout process, allowing customers to make informed purchasing decisions.

Compliance with Tax Regulations: 

Some versions of the extension may support tax calculation for extra fee, ensuring compliance with tax regulations and providing accurate pricing information to customers.

Enhanced Revenue Generation: 

By effectively implementing extra fee, merchants can increase their revenue streams and profitability without significantly impacting the overall pricing structure of their products.

The Extra Fee extension provides merchants with the tools and flexibility needed to implement custom pricing strategies, monetize additional services, and optimize revenue generation on their Magento 2 stores.

Key Features of Mageleven’s Magento 2 Extra Fee Extension

Mageleven’s Magento 2 Extra Fee Extension empowers you to effortlessly add various charges to your customers’ orders, unlocking new revenue streams and streamlining your store operations. Mageleven’s extension is a powerful tool for your Magento 2 store:

Multiple Fee Types: 

Define various fee structures to suit your needs. Charge fixed amounts (e.g., gift wrapping fee), percentages of the subtotal (e.g., handling fee based on order weight), or even a combination of both.

Conditional Fees: 

Set up rules to automatically apply fees based on specific criteria. For example, add a rush order fee only when customers select expedited shipping or a credit card processing fee depending on the chosen payment method.

Tiered Fee Options: 

Offer different fee levels for the same service. This allows you to cater to a wider range of customer needs (e.g., basic vs. premium gift wrapping with varying prices).

Benefits of using Mageleven’s Extra Fee extension:

Increase Revenue: Generate additional income by offering value-added services and potentially increasing your average order value.

Improved Efficiency: Streamline excess fee management with a centralized control panel, automated calculations, and bulk actions.

Enhanced Customer Experience: Build trust with transparent fee performance and provide more service options to meet diverse customer needs.

More Control and Flexibility: Define customized fee structures, conditional rules, and clear fee labels for a system that perfectly aligns with your store’s needs.

Lower Costs: Payment processing fees can potentially be offset by adding them as extra fee.

By utilizing Mageleven’s Magento 2 Extension, you can unlock a powerful solution to expand your service offerings, generate additional revenue streams, and streamline your store’s operations, ultimately propelling your Magento 2 business towards greater success.