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. 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. Use air delivery only if necessary so that you can avoid wasted expenses.
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. 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. Purchase insurance from other companies other than the insurance offered by your carrier in case you are dealing with expensive items. You can also consider adding some of the shipping costs to the customers’ receipts so that you do not have to pay for the cost of shipping alone.
You can also consider reusing the package so that you don’t have to struggle to pay for packaging of your products. Join a professional organization since they offer good and lower rates from the 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. 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. 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. You should also package your goods more efficiently so that your goods sit in the packaging comfortably also without leaving too much space. The advantage of shipping in bulk is that it saves time and saves the costs since it is more cost-effective than shipping in small regular portions.