Magento and Temando launch automated shipping offer
Magento Commerce has expanded into the logistics business with the announcement of Magento Shipping this week.
The new offering, which will launch this summer, is the result of a partnership with intelligent shipping platform Temando.
Magento says it will provide retailers across industries and regions access to leading regional and international carriers to automate fulfillment, drive cart conversion, uncover new revenue and expand addressable markets.
“Providing cost-effective shipping is one of the largest pain points for merchants of all sizes,” said Mark Lenhard, senior vice president of strategy at Magento.
“In addition to gaining easy access to global carriers, merchants will streamline shipping processes and capture greater visibility into the customer journey from cart to front door.”
According to eMarketer, more than 86 percent of cart abandonment is related to shipping costs and convenience. Magento aims to reduce this figure by integrating the shipping solution directly into its commerce platform.
More than $101 billion in commerce is generated annually on the Magento platform.
“We’re pleased to see our relationship with Magento evolve, and excited to collaborate with a market leader on bringing Magento Shipping to market,” said Carl Hartmann, co-founder and CEO of Temando.
“When we joined the ranks as Magento’s premier technology partner last year, we knew that our shared vision to give merchants and their customers the best experience will result in a game-changer, and we’re thankful to be given this opportunity,” he said.