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. 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. 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. 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.
Save on packaging by reusing your 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. You should also make sure that you know the size of your boxes so that you can know the appropriate size to ship with. 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. 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. You should make sure that you utilize the packaging space very well and in a smart way. Most companies offer better rates when shipping in bulk thus this will help you to do your shipping at once and also save you the extra shipping costs.