How to Lower the Cost of Shipping for Your Business
Shipping cost is one of the greatest expense in business. Cut the cost of your shipping to make more profit. There are some options that you may opt to put in place to reduce the shipping costs. First you may consider to do negotiations with different shipping companies or carriers so that you can compare their shipping schedules as well as the rates. 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 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. In case you are shipping expensive items you may opt to third-party insurance companies that may offer better premiums in case of damage of your shipment during transit. You may also consider adding the extra shipping costs in your customers’ bills to avoid having to take care of the extra shipping charges.
You can also consider reusing the package so that you don’t have to struggle to pay for packaging of your products. If you have registered your business with a business or professional organization you may check whether they are offering discounts with 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. Ensure that you have the appropriate box size so that your shipment can be made by ground or freight. You may also consider outsourcing your shipment to other companies that offer the same services to save you on some extra costs that you may incur when shipping on your own.
Another way to reduce the cost of shipping is by printing your own labels so as to avoid buying expensive packaging slips from the carrier. Use the cubic weight system to pay for your shipping which is cheaper than paying in terms of the weight of the box. You should pack your goods in a single parcel to save on the shipping costs. 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. The advantage of shipping in bulk is that it saves time and saves the costs since it is more cost-effective than shipping in small regular portions.
Another Source: check that