The biggest cost in your business may be the money spent on the shipping of your goods. Cut the cost of your shipping to make more profit. 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. 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 air delivery only if necessary so that you can avoid wasted expenses.
Another way of cutting your shipping costs is by shipping online to reduce the costs at the post office, and the deliveries since by shipping online the supplier takes care of the carrier services and your good are directly brought to your business. 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. You may also opt to use third-party insurance since they offer cheaper premiums. You may also consider adding the extra shipping costs in your customers’ bills to avoid having to take care of the extra shipping charges.
Do not throw away the package instead you can reuse it again to avoid paying for packaging. Belong to a professional organization that is offering discounts from major 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. Ensure that you have the appropriate box size so that your shipment can be made by ground or freight. Outsource your shipment to other companies that offer carrier services to save you some costs that may be incurred when shipping your own goods.
Another way to reduce the cost of shipping is by printing your own labels so as to avoid buying expensive packaging slips from the carrier. 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.