How to Lower the Cost of Shipping for Your Business
The biggest cost in your business may be the money spent on the shipping of your goods. You may consider trimming the cost of shipping expenses and thus saving more. There are some factors that you may consider to help you cut the cost of shipping expenses. When you negotiate with several companies, they may compete by offering good carrier rates.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. Ship goods that are not required on a rush basis by truck freight which is cheaper than express air delivery.
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. 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.
Do not throw away the package instead you can reuse it again to avoid paying for packaging. If you have registered your business with a business or professional organization you may check whether they are offering discounts with 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. Know your boxes’ size so that you can know which is the appropriate box to deliver your shipment. Allow other companies to deliver your shipment to avoid other extra costs such as warehouse bills and other payments.
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 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.