Factors to Consider to Lower the Shipping Cost for Your Business
As an entrepreneur you may find that the cost of shipping is the biggest expense in your business. You may consider trimming the cost of shipping expenses and thus saving more. There are some options that you may opt to put in place to reduce the shipping costs. 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. Ship goods that are not required on a rush basis by truck freight which is cheaper than express air delivery.
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. You can also consider using the packaging provided by your carrier to avoid other additional fees that may come along with using your packaging. 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. Join a professional organization since they offer good and lower rates from the 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. 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.
Print labels from carriers which you can customize for extra branding and save on labeling of the packages. 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. You should make sure that you utilize the packaging space very well and in a smart way.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.