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. There are some options that you may opt to put in place to reduce the shipping costs. When you negotiate with several companies, they may compete by offering good carrier 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.
Consider paying for your shipping online to reduce on the cost of your shipping via the post office. 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.
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. 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. You should also make sure that you know the size of your boxes so that you can know the appropriate size to ship with. 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. Ship your boxes by cubic weight to get discounts from the carriers for your shipment. 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.