How to Lower the Cost of Shipping for Your Business
Shipping cost is one of the greatest expense in 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. 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. Know the specific region which you send your shipment to so that you can utilize the favorable rates offered by the regional carriers. Use air delivery only if necessary so that you can avoid wasted expenses.
Consider paying for your shipping online to reduce on the cost of your shipping via the post office. You can also consider using the packaging provided by your carrier to avoid other additional fees that may come along with using your packaging. 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. 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.
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. Make sure that you have made your calculations with the carrier rates by using the accurate weight and description of your shipment. Know your boxes’ size so that you can know which is the appropriate box to deliver your shipment. Outsource your shipment to other companies that offer carrier services to save you some costs that may be incurred when shipping your own goods.
Print labels from carriers which you can customize for extra branding and save on labeling of the packages. Pay in terms of the actual size of the box and distance the package is traveling which is cheaper than price based on weight. 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.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.