Factors to Consider to Lower the Shipping Cost for Your Business
Shipping cost is one of the greatest expense in business. Reduce the expenses incurred by shipping of goods to earn more. There are some factors that you may consider to help you cut the cost of shipping expenses. Negotiate with multiple carries so that you can compare the rates they are offering and settle for the best.You should also be aware of the location of where you are shipping so that in case you ship in one region you may consider working with regional shipping companies that are cheaper. Use air delivery only if necessary so that you can avoid wasted expenses.
You can use an online store to ship your products so that you can take advantage of the free pick up services, mail delivery and confirmation of delivery services. If your packages exceed the required dimensions, you should opt to use the packaging offered by the carrier to reduce the cost of the extra dimensions of the package. You may also opt to use third-party insurance since they offer cheaper premiums. Have your customers pay for delivery charges that you can add to their bills so that you do not have to deal with the expensive shipping costs and also to help you to cut some of the costs that you incur during the shipping of the goods.
Save on packaging by reusing your packaging. Belong to a professional organization that is offering discounts from major carriers. Have the accurate weight and description of your shipment so that you can know the right amount you are supposed to pay for the service. You should also make sure that you know the size of your boxes so that you can know the appropriate size to ship with. Outsource your shipment to other companies that offer carrier services to save you some costs that may be incurred when shipping your own goods.
Purchase your own label printer to save on the cost o buying slips that stick outside the box. Use the cubic weight system to pay for your shipping which is cheaper than paying in terms of the weight of the box. You can also choose to consolidate your packages to reduce the cost per parcel. The placement of items in the box is important so as to maintain the quality and to make sure that the package is not damaged in transit. Most companies offer better rates when shipping in bulk thus this will help you to do your shipping at once and also save you the extra shipping costs.