Important Tips to Consider 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. Reduce the expenses incurred by shipping of goods to earn more. Herein are some important tips that you can consider to reduce the cost of shipping for your business. 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. 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.
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. Ensure that you have the appropriate box size so that your shipment can be made by ground or freight. Allow other companies to deliver your shipment to avoid other extra costs such as warehouse bills and other payments.
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. Ship your products in few and in the best way as possible so that you can save on space and reduce the number of packages. 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.