The biggest cost in your business may be the money spent on the shipping of your goods. Reduce the expenses incurred by shipping of goods to earn more. There are some options that you may opt to put in place to reduce the shipping costs. Negotiate with multiple carries so that you can compare the rates they are offering and settle for the best.You should also be aware of the location of where you are shipping so that in case you ship in one region you may consider working with regional shipping companies that are cheaper. Use express delivery of goods that are required in the short term.
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. 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. 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. 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. Outsource your shipment to other companies that offer carrier services to save you some costs that may be incurred when shipping your own goods.
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. You should also package your goods more efficiently so that your goods sit in the packaging comfortably also without leaving too much space.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.