Factors to Consider to Lower the Shipping Cost for Your Business
The biggest cost in your business may be the money spent on the shipping of your goods. Reduce the expenses incurred by shipping of goods to earn more. Herein are some important tips that you can consider to reduce the cost of shipping for your business. Negotiate with multiple carries so that you can compare the rates they are offering and settle for the best. Be aware of the regional carriers of the area you are sending your shipment so that you can see whether their rates are cheaper. Use express delivery of goods that are required in the short term.
Consider paying for your shipping online to reduce on the cost of your shipping via the post office. By using the packaging provided by the carrier you can save on shipping costs that may be incurred when your package exceeds the required size. Purchase insurance from other companies other than the insurance offered by your carrier in case you are dealing with expensive items. You can also consider adding some of the shipping costs to the customers’ receipts so that you do not have to pay for the cost of shipping alone.
Save on packaging by reusing your packaging. Belong to a professional organization that is offering discounts from major carriers. Before shipping your goods, you should make sure that you have the accurate weight and description of your shipment and make your calculations with the rates that the carrier is offering. You should also make sure that you know the size of your boxes so that you can know the appropriate size to ship with. Allow other companies to deliver your shipment to avoid other extra costs such as warehouse bills and other payments.
Purchase your own label printer to save on the cost o buying slips that stick outside the box. Pay in terms of the actual size of the box and distance the package is traveling which is cheaper than price based on weight. Ship your products in few and in the best way as possible so that you can save on space and reduce the number of packages. 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.It is also advisable to do your shipping in bulk to save on the cost of shipping since shipping often and in smaller quantities incurs you a great cost.