What's the minimum order value I should set for free shipping?
As an e-commerce business owner, I'm struggling to determine the optimal minimum order value for free shipping. I want to encourage larger purchases and increase my average order value, but I'm unsure how to set a threshold that motivates customers without cutting too deeply into my profit margins. I need a strategic approach that balances customer psychology, product pricing, and my specific business economics to create an effective free shipping strategy that drives sales and profitability.