5 Lessons Learned: Shipping

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. Cut the cost of your shipping to make more profit. There are some factors that you may consider to help you cut the cost of shipping expenses. 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. Be aware of the regional carriers of the area you are sending your shipment so that you can see whether their rates are cheaper. Use express delivery of goods that are required in the short term.

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. 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. 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.

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. 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. 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.