How to Lower the Cost of Shipping 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. 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. Know the specific region which you send your shipment to so that you can utilize the favorable rates offered by the regional carriers. 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. 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. 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. Belong to a professional organization that is offering discounts from major 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. Know your boxes’ size so that you can know which is the appropriate box to deliver your shipment. 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.
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. You can also choose to consolidate your packages to reduce the cost per parcel. 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.