Small business owners have quite a significant number of things to focus on, with one of the most notable of these being to keep costs at a minimum. For companies that rely heavily on shipping, however, this can be quite difficult. Much of this can be driven by the fact that shipping products can be a complicated task.
As a result, proper planning and preparation for this can be essential. Failing to do so could often mean that a business will end up overpaying for their shipping and, in some cases, can have inconsistent delivery times. This inconsistency can often have an impact on sales and customer retention, which every firm will want to avoid.
However, many companies will not know how to ensure that their deliveries stay consistent with having to pay a considerable price for the shipping. There are a few tips that any business can implement to do so.
Use Your Local Post Office
Many business owners may believe that working with their local post office for their delivery needs mightn’t be a feasible option. There are a few reasons behind this, with one of the most notable being that they might think that the post office wouldn’t be able to handle their needs. Alongside this is that many firms will believe that it may not be a cost-effective approach.
This isn’t true, as the likes of Flushing USPS and others offer quite a range of services, with many of these being geared toward businesses. Many of these may be customizable for your needs, so you should be able to get the best deal for you. With the logistics network that USPS already has in place, you’ll be able to deliver your products affordably and within a short period.
Use A Postage Meter
The majority of costs associated with deliveries are based on the weight of a package. However, many business owners will estimate the weight of their products and use this to determine how much they’ll need to pay.
This could often result in an overpayment, which many people will be keen to avoid. One of the primary ways of doing so is by using a postage meter. By doing so, you’ll be able to accurately weigh your package and determine the exact amount you should be paying.
You’ll also need to label these packages accordingly. As a result, you’ll be removing the guesswork and should see a reduction in your shipping costs.
Establish Transportation Charge-Back Policies
Shipping can affect a company’s bottom line in a variety of ways, with sending merchandise to customers only being one, although it is the most obvious. However, what every business owner will need to look as is when they will cover shipping costs versus when the customer will.
There can be several aspects to this, which means that you’ll need to develop policies for this as soon as possible. For example, many firms will offer free shipping if a customer purchases a minimum number of products.
Alongside this is standard shipping versus express delivery, which are areas some customers will want to take advantage of. While many firms will offer standard delivery for free, the majority will need to determine how much to charge for express shipping.
By determining each of the above, you should be able to keep costs relatively low, especially when compared to the overall ROI on the sale itself.
Using each of the above tips should ensure that your shipping is cost-effective without compromising on consistent deliveries. By taking advantage of these, you should be able to maximize your return on investment for each shipment.